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Old 02-27-2012, 07:46 PM
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fl-landscapes fl-landscapes is offline
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Quote:
Originally Posted by DA Quality Lawn & YS View Post
DuPont 'hiring me' to catalogue the results of their crappy product is absurd. I just did their dirty work and got reimbursed for my time/gas/etc. I think I'll handle this appropriately.
You were reimbursed for your time gas etc. Which I assume you cataloged as an expense. Now you have been reimbursed and that offsets. Do what you want, people improperly file tax returns all the time, doesn't mean the IRS will agree if they happen to audit you. Let us know what your accountant says. You can't write of an expense, get reimbursed and still claim that expense, so the only way around not claiming that income would be if you didn't write off any expenses to begin with for this deal.

Last edited by fl-landscapes; 02-27-2012 at 07:52 PM.
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  #12  
Old 02-27-2012, 07:59 PM
djagusch djagusch is online now
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They hired you, you sent a invoice, and you got a check. How is this different than mowing, plowing, fert/weed, and planting? If it's over $600 they need to 1099 you.

I don't see the issue. It's income to the biz plain and simple. If you didn't report it, it's on you then.
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  #13  
Old 03-02-2012, 11:41 AM
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DA Quality Lawn & YS DA Quality Lawn & YS is offline
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Originally Posted by djagusch View Post
They hired you, you sent a invoice, and you got a check. How is this different than mowing, plowing, fert/weed, and planting? If it's over $600 they need to 1099 you.

I don't see the issue. It's income to the biz plain and simple. If you didn't report it, it's on you then.
Wasn't over $600. And it was reimbursement to deal with their problem, they did not hire me for anything. Anyway who cares I have this taken care of.
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