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Old 01-22-2011, 05:53 PM
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jaybow jaybow is offline
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Can a business claim dump fees and equipment rentals on taxes?

Just putting together my papers for taxes and was wondering if anyone knows if a business can claim dump fees and equipment rentals on their taxes? Thanks!
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Old 01-22-2011, 05:58 PM
Barrett Landscaping Barrett Landscaping is online now
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its a cost to your business so.... YES
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Old 01-22-2011, 06:26 PM
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RHill RHill is offline
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I agree, if the expenses are legitimate for the operation of your business, they will be deductable
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Old 01-22-2011, 06:28 PM
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Cool, sounds good. Does anyone else claim them. What other things can a business claim that people might not think of?
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Old 01-22-2011, 06:40 PM
Gravelyftw Gravelyftw is offline
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Quote:
Originally Posted by Barrett Landscaping View Post
its a cost to your business so.... YES
^there you go his response should answer all your questions. You can claim anything and everything that you buy that is a business expense. (your workers snacks/lunches...anything)
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Old 01-22-2011, 06:40 PM
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fl-landscapes fl-landscapes is offline
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Quote:
Originally Posted by jaybow View Post
Cool, sounds good. Does anyone else claim them. What other things can a business claim that people might not think of?
we all do, they are legitimate business expenses, I dont mean to be a dink but you may want to have an accountant do your taxes. They pay for themselves in tax savings and piece of mind.....oh and their service is a tax right off too.
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Old 01-22-2011, 06:48 PM
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JB1 JB1 is online now
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you really need to get someone who knows what they are doing to do your taxes.
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Old 01-22-2011, 06:53 PM
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Quote:
Originally Posted by fl-landscapes View Post
we all do, they are legitimate business expenses, I don't mean to be a dink but you may want to have an accountant do your taxes. They pay for themselves in tax savings and piece of mind.....oh and their service is a tax right off too.
Ive had an accountant doing them since I started the business, I've just never asked her so I thought I would post on here. Are you saying I can claim the fee for her doing my taxes? I'm a sole proprietor so I do the business taxes along with my personal taxes. Not monthly or quarterly like LLCs or Corperations.
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Old 01-22-2011, 06:56 PM
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you really need to get someone who knows what they are doing to do your taxes.
I have an accountant do them, I just never asked her that.
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Old 01-22-2011, 07:06 PM
igotdiesel2 igotdiesel2 is offline
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I deduct the fee my accountant charges me to do my taxes. He said to do it so I do it. One thing I do not deduct is my office space in my house. We talked about it and the crap you have to go through is a pain plus he said it throws a huge red flag and I have no desire for a audit. I agree with all having someone who knows taxes is the only way to go. Part of my business owns rental property so it can get a little hairy on taxes. He comes to my home/office with a laptop and a printer and we are all done in 2 or 3 hours. Saving me all kinds of time and money in the process. Best thing I have ever done.-Jason
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