Employee Tax Expert
Member profile
Enrolled Agent with 11 years of tax preparation experience. Specializes in all forms : 1040, 1120, 1120-S,1120-H, 1065, 990s,1041s, etc.
- Replies
- Posts
-
Unfortunately, you can't deduct any expenses for W2 job. You can no longer claim a deduction for unreimbursed employee expenses unless you fall into one of the ...
-
You can deduct Processing fees as an expense for your business. Based on the tax form, it will be in different places, but it is counted as Business expense. Th...
-
Yes, you can claim your eligible expenses when they occur to support your business, even if you do not have income that year. But you have to be careful, as if ...
-
You can assign your car expenses to one of your property, there is no need to separate expenses for car between properties. I suggest to take the most profitabl...
-
Sole proprietor has the most unsecure status. In case if someone will sue you, they can have an access to your personal assets. LLC and Corporations are separat...
Activity Feed for OlgaS
- Posted Re: Two Jobs on Business & farm. May 22, 2024 11:47 AM
- Tagged Re: Two Jobs on Business & farm. May 22, 2024 11:47 AM
- Posted Re: Expensing fees on credit card processing fees for business services on Business & farm. May 22, 2024 11:34 AM
- Tagged Re: Expensing fees on credit card processing fees for business services on Business & farm. May 22, 2024 11:34 AM
- Posted Re: expenses on a loss on Business & farm. May 22, 2024 11:22 AM
- Tagged Re: expenses on a loss on Business & farm. May 22, 2024 11:22 AM
- Posted Re: Car depreciation for multiple rentals on Business & farm. May 22, 2024 10:51 AM
- Tagged Re: Car depreciation for multiple rentals on Business & farm. May 22, 2024 10:51 AM
- Posted Re: Sole proprietor vs LLC vs SCorp on Business & farm. May 22, 2024 10:25 AM
- Tagged Re: Sole proprietor vs LLC vs SCorp on Business & farm. May 22, 2024 10:25 AM
- Posted Re: S-Corp Charitable Contributions on Business & farm. May 22, 2024 9:44 AM
- Tagged Re: S-Corp Charitable Contributions on Business & farm. May 22, 2024 9:44 AM
- Posted Re: Business Expenses on Business & farm. May 22, 2024 9:21 AM
- Tagged Re: Business Expenses on Business & farm. May 22, 2024 9:21 AM