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11/23 |
2004/3/26-27 [Reference/Tax] UID:12887 Activity:nil |
3/26 For a home-based small business, is it required to have a business phone plan for its charge to be counted as biz expense for tax purpose? Is biz plan much more expensive? \_ dunno. yes. \_ not really, and yes generally if you are sole proprietorship there are basically no restrictions the usual corporate veil issues pertain to the S-Corp/LLC case \_ No, but you have to have a separate line (you can't say "I use 40% of the single line to the house for work) |