Lili444
Level 2
Member profile
- Replies
- Posts
-
@AmeliesUncleI understand what you mean. Technically those materials and supplies are still inventory since you do have to keep track of when non-incidental mat...
-
@CarlI’m going to type a detailed response (not because I want to correct you or say that you can’t do that, but because I think this will help other small make...
-
Gah. Crazy.so as far as where to post those non-Incidental M+S you really don’t think it matters? I realize all roads lead to the same result but seems like the...
-
The reasoning behind why I choose to use the exemption that allows me to treat my inventory as non-incidental materials and supplies is that I would have an ext...
-
Thank you for clarifying that Coleen! 🙂 I will deduct the $50 under the De Minimus safe harbor election.I went ahead and reread the Tangible Property Regulatio...
Activity Feed for Lili444
- Got Cheered for Re: Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under .... February 13, 2024 3:14 PM
- Got Cheered for Re: Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under $200?. February 13, 2024 3:14 PM
- Posted Re: Where deduct costs for COGS when treating Inventory as “non-incidental materials and supplies? on Business & farm. March 21, 2021 10:04 AM
- Posted Re: Where deduct costs for COGS when treating Inventory as “non-incidental materials and supplies? on Business & farm. March 21, 2021 9:57 AM
- Posted Re: Where deduct costs for COGS when treating Inventory as “non-incidental materials and supplies? on Business & farm. March 20, 2021 8:43 PM
- Cheered Re: Where deduct costs for COGS when treating Inventory as “non-incidental materials and supplies? for AmeliesUncle. March 20, 2021 8:43 PM
- Cheered Re: Where deduct costs for COGS when treating Inventory as “non-incidental materials and supplies? for AmeliesUncle. March 20, 2021 8:24 PM
- Posted Re: Where deduct costs for COGS when treating Inventory as “non-incidental materials and supplies? on Business & farm. March 20, 2021 8:09 PM
- Posted Re: Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under ... on Get your taxes done using TurboTax. March 20, 2021 7:36 PM
- Cheered Re: Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under ... for ColeenD3. March 20, 2021 7:14 PM
- Posted Re: Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under ... on Get your taxes done using TurboTax. March 20, 2021 2:38 PM
- Posted Re: Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under ... on Get your taxes done using TurboTax. March 20, 2021 1:06 PM
- Posted Re: Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under $200? on Get your taxes done using TurboTax. March 20, 2021 11:59 AM
- Posted Re: Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under ... on Get your taxes done using TurboTax. March 20, 2021 11:35 AM
- Posted Where deduct costs for COGS when treating Inventory as “non-incidental materials and supplies? on Business & farm. March 20, 2021 11:27 AM
- Posted Does De Minimus Safe Harbor election supersede my normal treatment of assets that cost under $200? on Get your taxes done using TurboTax. March 20, 2021 10:51 AM