Mikeg ✭✭✭
Community stats
- Username Mikeg
- Email;
- Joined
- Visits 3,897
- Last Active
- Roles Member
- Points 385
- Badges
- 15
- Posts
- 995
Reactions
-
Re: Accounting for Donations
That is correct (View Post)0 -
Re: Accounting for Donations
@AnthonyG, You would just continue normal accounting for the business. You do not try and record the charitable deduction for the fair market value of services. (View Post)-1 -
Re: Accounting for Donations
AnthonyG, Unfortunately you cannot deduct the value of services provided. However, any business cost you incurred are still deductible. So for example, employee salaries who provided service, travel … (View Post)-1 -
Re: Expenses Importing as INCOME??!!!
Are you importing from bank or are they connected? If importing, sometimes in the csv file you will need to change the sign (-/+). There is a quick way of doing that with formulas. What I will do for… (View Post)-1 -
Re: Cash Back Rewards
The IRS views cash back rewards as a reduction in expense associated with the purchase. Mike G, CPA (View Post)1
