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re: renting out office to your LLC
Posted on 1/29/18 at 11:02 am to diat150
Posted on 1/29/18 at 11:02 am to diat150
The tax attorney's I worked with said that most accountants will not push the envelope and just want to be sure you don't get audited. These guys will will defend you in an audit. You just have to keep very good records and substantiate all of your expenses. It's a PIA sometimes, but if you have a good bookkeeper, they can help. My wife picks up the "Meals of Convenience" two or three times per week and we charge along with Overtime to the Marketing company. We have to record what OT was done that night, but I'm always emailing so, I just make a quick note in a journal.
ETA; If you talk to CPS, ask them if they have people in your area using their plan, then find out who they use for accountants. It will make your life so much easier and save $ on taxes. I know these guys have clients from coast to coast, so they are likely using this in your area.
ETA; If you talk to CPS, ask them if they have people in your area using their plan, then find out who they use for accountants. It will make your life so much easier and save $ on taxes. I know these guys have clients from coast to coast, so they are likely using this in your area.
This post was edited on 1/29/18 at 11:05 am
Posted on 1/29/18 at 9:27 pm to MadDoggyStyle
Can someone forward me the info as well? Creamertd@gmail.com
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