Federal Income Tax
Was wondering about my income taxes, what might be deductible, what is not. Is there a thread, or CPA recomendation anyone might have. I ran a search and came up with a bunch of stuff, but mostly st...
Forum Discussion
IRS Publication 535 may be of some help.
It gets a little tricky because there is a difference between having a business (ie. self employed) and having a hobby. Any good CPA/Tax advisor should be able to complete your tax return when required.
The most important thing is to keep meticulous records. Get a small book and for each day write down your mileage and all expenses.
I doubt that the mileage from home to your workamping site will be deductible but that's just my opinion. How to differentiate between miles to the site for leisure and for business?
My only expertise is doing income taxes for AARP each year for the past 10 at least BUT we don't usually get involved with such expenses.
It gets a little tricky because there is a difference between having a business (ie. self employed) and having a hobby. Any good CPA/Tax advisor should be able to complete your tax return when required.
The most important thing is to keep meticulous records. Get a small book and for each day write down your mileage and all expenses.
I doubt that the mileage from home to your workamping site will be deductible but that's just my opinion. How to differentiate between miles to the site for leisure and for business?
My only expertise is doing income taxes for AARP each year for the past 10 at least BUT we don't usually get involved with such expenses.
