@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...