Comments on: How can people who use my business write it off as a business expense? http://smallbusinessmerchantaccounts.org/how-can-people-who-use-my-business-write-it-off-as-a-business-expense.htm Tue, 14 Feb 2012 06:36:55 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: kemperk http://smallbusinessmerchantaccounts.org/how-can-people-who-use-my-business-write-it-off-as-a-business-expense.htm/comment-page-1#comment-750 kemperk Sat, 08 Aug 2009 08:57:13 +0000 http://smallbusinessmerchantaccounts.org/how-can-people-who-use-my-business-write-it-off-as-a-business-expense.htm#comment-750 me thinks you are focused in an inefficient environment; let them do and you expand your b iz me thinks you are focused in an inefficient environment;
let them do and you expand your b iz

]]> By: Cabbie Luvr http://smallbusinessmerchantaccounts.org/how-can-people-who-use-my-business-write-it-off-as-a-business-expense.htm/comment-page-1#comment-751 Cabbie Luvr Sat, 08 Aug 2009 08:57:13 +0000 http://smallbusinessmerchantaccounts.org/how-can-people-who-use-my-business-write-it-off-as-a-business-expense.htm#comment-751 1. Save a receipt. 2. Articulate how the expense relates to his business. How they pay is not an issue. 1. Save a receipt.

2. Articulate how the expense relates to his business.

How they pay is not an issue.

]]> By: amin http://smallbusinessmerchantaccounts.org/how-can-people-who-use-my-business-write-it-off-as-a-business-expense.htm/comment-page-1#comment-752 amin Sat, 08 Aug 2009 08:57:13 +0000 http://smallbusinessmerchantaccounts.org/how-can-people-who-use-my-business-write-it-off-as-a-business-expense.htm#comment-752 In view of the company the expenses are divided in two parts, viz: Allowable and Non Allowable. Any expense incurred for the benefit to the company, that is if that expense helps the company in generating of profit within the accounting period known as the financial year, then that expense is allowable and can be deducted from the profits, eg, sales expenses, shows attendance meant to benefit the company, etc. The rest of all the expenses incurred besides the above cannot be deducted from the profit, for that period and so it is called non allowable expense. A ticket is an authenticate voucher itself and the purchaser does't need any further evidence of the expense actually incurred via credit cards or otherwise, ok? In view of the company the expenses are divided in two parts, viz: Allowable and Non Allowable. Any expense incurred for the benefit to the company, that is if that expense helps the company in generating of profit within the accounting period known as the financial year, then that expense is allowable and can be deducted from the profits, eg, sales expenses, shows attendance meant to benefit the company, etc. The rest of all the expenses incurred besides the above cannot be deducted from the profit, for that period and so it is called non allowable expense. A ticket is an authenticate voucher itself and the purchaser does’t need any further evidence of the expense actually incurred via credit cards or otherwise, ok?

]]>