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
There will be legitimate claims amongst the things you’ve listed but it’s worth remembering that many small business owners are just as crooked as the big corporations. Sometimes even worse to work for. Particularly when there’s no HR procedures and your boss is a pillar of the local community.
“Small business tyrant” is a phrase I’m particularly fond of for this reason!
Latest Answers