Questions tagged [expenses]
a generic tag related to spending. To be used along with other related tags like accounting etc
13
questions with no upvoted or accepted answers
5
votes
0
answers
80
views
What counts as different sources of income?
I'm a freelance writer (in US), but I also do some freelance video editing, programming, and virtual assistance along the side. I'm wondering if each of this counts as a "separate source of ...
- 311
3
votes
0
answers
44
views
How Should a US Expat in Vietnam Optimize Compensation Package to Maximize Net Pay?
I may have the opportunity to work on a project in Vietnam starting in early 2020, and am hoping to get some advice on how I should negotiate my compensation package with regard to taxes. I am a US ...
- 131
2
votes
0
answers
78
views
GnuCash: How to create an expense report from individual accounts
I'd like to calculate my average monthly spend over a year from an individual asset account to an individual expense account. Is there a way to do this please?
In the Expense Over Time report I can ...
- 21
2
votes
0
answers
44
views
As a UK LTD Company should my allowable expense claims be inclusive of VAT
I'm starting a LTD company in the UK and have a question surrounding the way that allowable expenses are claimed.
I understand that this question has probably been asked numerous times but no matter ...
2
votes
0
answers
155
views
Can you claim past unclaimed expenses from previous years on a rental property?
My question is the following:
Let's say I have some repair renovations that were performed in 2016 that I never claimed in the 2017 tax year (because I had enough expenses to fully balance out the ...
- 21
2
votes
0
answers
574
views
Maintenance costs for home geothermal heating & cooling / ground source heat pump systems?
My realtor showed me a brand new house that has a geothermal cooling and heating system built in. I did some online research and here is the link to that builder's geothermal system explanation.
...
- 21
1
vote
0
answers
24
views
Claiming an income-tax loss on property rental in ZA
I have a property which has been let out for the past several years.
Last year the property was vacant for six months and there were also several expenses incurred for repairs - plumbing, electrician, ...
- 111
1
vote
0
answers
29
views
Approximation percentage of Administration costs based of Revenues
Sorry, I'm really naive about the finance and accounting fields.
I'm trying to contribute to some Christian relief/missionary/medical organizations, and trying to go through their balance sheets, ...
- 113
1
vote
0
answers
26
views
How to report a C corporation's post-dissolution expenses?
We're filing 2019 Form 1120 for a C corporation (XYZ Inc). In January 2017 my cofounder and I incorporated XYZ Inc in Delaware and registered it as a foreign corporation in Connecticut. We dissolved ...
- 497
1
vote
0
answers
129
views
Can You Switch Between Actual Expenses and Per Diem Expensing For Meals / Entertainment?
I currently report the actual costs for my meals and entertainment expenses on business trips. I am thinking about switching over to the Per Diem method.
Are there any regulations against using both ...
- 651
1
vote
0
answers
50
views
Can I claim standard business expenses incurred earlier than the date my LLC was formed?
I want to form an LLC for my web development business. However, I incurred a bunch of expenses during the year that I'd like to be able to deduct.
I know you can claim startup costs, but these are ...
- 155
1
vote
0
answers
80
views
If I have a home office and report to a main office, what are the travel expense deduction rules?
I have a sales job where I have a home office and I report to a main company office twice per week. My job is to visit potential clients and visit/support existing clients. When I visit the main ...
- 11
1
vote
1
answer
2k
views
GST and Per Diems.
As an independent contractor I charge GST for my services. When I travel outside of my home area for work I charge a per diem to cover meals and incidental expenses that are not itemized. It is a ...
- 11