
15 October 2017 | 3 replies
The safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1) at the beginning of the tax year, the taxpayer has written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by the invoiceNote: The cost for the Unit of Property includes l additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the tangible property.

10 February 2018 | 9 replies
Dang @Jon Crosby, you just so eloquently summarized the truth about Facebook Ads.

18 January 2018 | 7 replies
It is the best application for most small businesses because it is the most user friendly hub for all of your bank accounts, invoicing and financial reports.You might be best off to have a sit down with a local bookkeeper to steer you specifically in the right direction.

21 November 2014 | 14 replies
He charged me $170 for a 2 hour visit and here are the notes from the invoice..."------- Plumbing investigated a sewer gas smell in the upstairs bathroom.We didn't find any smell in the attic or when we removed the trim fromthe shower.

13 September 2016 | 11 replies
Dang, now I want a Little King.

20 May 2015 | 13 replies
Since then, I've made dang sure when I take that large amount of money that is not from illicit sources.

18 May 2016 | 36 replies
However, his employer is going to reimburse him for his PM fees because of the job move, but in order for that to happen, they need invoices from a company stating the fees so this method wouldn't really work for that.

29 January 2014 | 46 replies
Depends on the tenant....In this situation I would possibly invoice them every month to make them aware they owe the fees but if they kept the place up and paid 95% of the rent I would not evict them.