The National Directory of Certified Public Accountants

Ask A CPA - Sole Proprietorship - Schedule C

1. Are business gifts deductible?

2. Are health insurance premiums an expense claimed on Schedule C.

3. As a Salesman, are the NY Knick tickets I gifted my client deductable?

4. Auto lease payments

5. Can I claim the part of my living room that has my computer as a home office deduction?

6. Can I file using short Form Schedule C-EZ instead of long Form Schedule C?

7. Can my wife and I file on one Schedule C?

8. Carryback current years business loss?

9. Cash method of accounting - inventory

10. Do I have to carryback my current years business loss?

11. Freelance secretarial job - How do I calculate the amount of tax owed?

12. Hobby activity - Is it reported for tax purposes?

13. Small businesse - SIC (Standard Industrial Classification Code)

14. Sole Proprietorship purchase - cost basis for the individual assets

15. Statutory Employee reporting

16. Taxi - standard mileage rate deduction

17. Web site available to help small businesses

18. What are some advantages and disadvantages of selecting to be a Sole Proprietor compared to other entities?

19. What are some advantages of selecting to be a Sole Proprietor compared to other entities?

20. What are some disadvantages of selecting to be a Sole Proprietor compared to other entities?

21. What does the term "DBA" mean ?

22. What Form does a Sole Proprietor file?

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