Can I Expense That? Should I? [E062] - Business By The Numbers
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This week Hunt covers a listener request regarding grey-area expenses that can be deducted by your business, but should they always be?
\\u2022\\tWhat does the IRS look at on my expenses if I was ever to be audited?
\\u2022\\tHow does satisfying the requirement of "ordinary and necessary" expenses for my business shift my possible deductions?
\\u2022\\tHow am I taxed if I buy a personal asset from myself for my business?
\\u2022\\tWhat are some downfalls to going overboard in writing off expenses in my business that affect me in the short term and long term?
Thanks to our sponsor partner NAPA TRACS
Paar Melis and Associates \\u2013 Accountants Specializing in Automotive Repair
Visit us Online : www.paarmelis.com
Email Hunt: podcast@paarmelis.com
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