I live next to farmers. Everything they do and own is a business expense. The business owns everything. Home, cars, utv, electric, propane, internet, new land, gas, desiel, and red desiel. They go on multiple caribbean vacations, rent out the banquet room and claim it as a business expense. Is this really what business are able to do?
In: Economics
Most is “justifiable” gas? ya driving for the farm. Internet? needed for the farm, electric, well needed for the farm.
Where it gets looking funny to the government is if you are always receiving tax refunds and never paying for more than a few years
Latest Answers