in [Event] Ask the Experts: Biz Recordkeeping & 1099-NEC Filing
Do I deduct the registration fee for each property. Or do I divide the fee between each home.
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You would allocate the registration fees among the businesses is the technical correct way.
However I would not spend too much time allocating based on mileage and just divide by number of businesses and enter that same amount on each one, just as log as only 100% of the fees are listed.
You would allocate the registration fees among the businesses is the technical correct way.
However I would not spend too much time allocating based on mileage and just divide by number of businesses and enter that same amount on each one, just as log as only 100% of the fees are listed.
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