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Old 02-18-2001, 09:16 AM
GrassRoots Lawn Care GrassRoots Lawn Care is offline
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Join Date: May 2000
Location: New Smyrna Beach, FL
Posts: 156
Could someone please list for me the expense categories that the IRS wants for accounting purposes (ie Advertising, Office Expenses, Rent... ect.)? Are they the same as Schedule C expenses (we are a S Corp.)?

Also, where does one list gasoline expenses for your mowers and 2-cycle equipment? Not under auto expenses I'd assume.

Thanks in advance for the help.
GrassRoots Lawn Care, Florida

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Old 02-18-2001, 10:18 AM
Vandora Lawn & Landscape Vandora Lawn & Landscape is offline
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Join Date: Sep 2000
Location: Baltimore, MD
Posts: 386
I would guess under equipment expense.
Cullen Vandora
Vandora Lawn & Landscape
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Old 02-18-2001, 10:49 AM
John Allin John Allin is offline
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Join Date: Sep 2000
Location: Erie, PA
Posts: 1,489
If you have these types of questions, it's time to see an accountant.
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Old 02-28-2001, 10:26 AM
Majestic Majestic is offline
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Join Date: Jan 2001
Location: Butler,Pa
Posts: 42
All expenses must be documented.If you have a computer they can be done on the spreadsheet.If you do not you can purchase a 13 column journal at any office supply store.(even Walmart).When we use to do it that way we used these headings.Equip purchases,Equip parts,gas&oil. misc.payroll&subcontracting,office,postage,insurance, professional fees(atty & acct.) Rentals,supplies,draw.
Rain,snow,hail,or sleet nothing stops the majestic fleet
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Old 03-01-2001, 10:53 PM
jay jay is offline
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Join Date: Nov 2000
Location: california
Posts: 133
Travel Expenses
property tax
BUISNESS Telephone
Loan Insterst
DMV Fees
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Old 03-02-2001, 10:48 AM
SummitFarmer SummitFarmer is offline
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Join Date: Jan 2001
Location: Lees Summit MO
Posts: 76
Let's not forget depreciation on equipment!! There is also:
Sub-contractor Services
Rent Expense
Dues and Subscriptions
Equipment Rental
Legal and Accounting
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Old 03-03-2001, 05:15 AM
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65hoss 65hoss is offline
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Join Date: Sep 2000
Location: Memphis, TN
Posts: 6,360
John is correct. You need to make an appointment immediately with a CPA!
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Old 03-03-2001, 11:03 PM
Matt Matt is offline
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Join Date: Jan 2000
Location: Western,NY
Posts: 161
CPA is the way to go. Peaple pay us for our knowledge in our field, we pay CPA's for their experience in their feild.
Matt Harper
Four Seasons Landscaping & Snowremoval
SIMA Member
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Old 03-11-2001, 11:39 PM
VLM VLM is offline
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Join Date: Feb 2001
Location: Prince William Co., VA
Posts: 189
Just spoke to the IRS last week and asked about the fuel for equip question. I was told to list this under supplies. As for the categories, I think the Intent is to organize your expenses, not to be absolutely precise. Acoording to the IRS any expense that is necessary for the operation of your business is deductible from your gross.
I love the smell of cut grass in the morning, it smells like...victory.
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