I had to read this several times to understand it. I think I get it, but have a few questions. I was assuming I need to sell them as personal items (and not rep...
I don't think you quite understand how it works. I have been watching some videos from tax professionals on how to properly convert personal use items to busine...
That is not how the IRS is going to see it. If you make $100 income and then go spend that $100 on something then the expense of buying that item might be tax d...
Exactly! I agree with you! He could maybe start another business that is separate and then install the fence and then bill his farm business the $100. Not sure ...
I am not an accountant, just another Vine user trying to figure the taxes out. I think the problem with your analogies is that you don't have any expenses. The ...
