Zhidoni wrote:
Hi Folks
need advice from those who have experiencewith this issue. My wife and i are full timers, and we both have businesses. (she sells buttons & designer fabrics, I do websites and e-marketing consulting)
We are wondering how people in our situation are handling such things as rv park and camping fees, fuel costs, maintenance, repairs. We have chosen not to write off the actual cost of the rv. And, does anyone know of any other online resources for info, eg technomadia?
thanks!!
You need a new tax guy. He should know or get the information you need. irs.gov for publications.
This is for all who are self-employed: Get Publications 334, 535, and 529. These will answer those questions. It is what I use for all that stuff. I do not rely on a "tax professional" only. My CPA is often called with questions.
You may also have local and state taxes to deal with. This will depend on where your clients and maybe you are when conducting business. Example: if you are in California and earn money they want their cut...
When in doubt check it out..
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I am a retired IRS Revenue Officer and an Enrolled Agent. I offer the above as an individual and it is not legal or professional advice. It is what I do. (Note this is kind of a standard disclaimer for tax professionals)....
