Small Business
The most frequently asked tax questions related to Small Business
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Answer Tax QuestionsIs there a website to contact an appraiser ?
Asked Monday, January 08, 2001 by an anonymous user
Yes. www.appraisers.org. The American Society of Appraisers (the “Society”) is a multi-discipline non-profit international organization of professional appraisers (valuers). The mission of the Society is to foster the public trust of our members and the appraisal profession through compliance with the highest levels of ethical and professional standards. The American Society of Appraisers:
Job Hunting
Asked Wednesday, January 03, 2001 by an anonymous user
You may deduct expenses of looking for a new job in the same line of work whether a new job is found or not, if it is not your first job in that profession.
Expenses incurred in seeking your first job are not deductible.
Also job hunting in a different line of work is not deductible.
Expenses incurred in seeking your first job are not deductible.
Also job hunting in a different line of work is not deductible.
Power company Lineman - foul weather gear
Asked Wednesday, January 03, 2001 by an anonymous user
The costs of your foul weather gear is deductible as an itemized deduction subject to the 2% AGI limitation on IRS Schedule A.
Plumber - gloves and boots
Asked Wednesday, January 03, 2001 by an anonymous user
The costs of safety equipment such as special gloves and shoes or boots as a plumber are deductible as an itemized deduction subject to the 2% AGI limitation on IRS Schedule A.
What is the current years 179 deduction limitation ?
Asked Tuesday, January 02, 2001 by an anonymous user
Self employed individuals and other small businesses will be entitled to immediately write off up to $500,000 of business equipment purchases in 2010 and 2011 without having to depreciate the costs over a period of years. The amount of the 179 deduction is reduced by the cost amount in excess of 2 million dollars.
Lobbying expenses
Asked Tuesday, January 02, 2001 by an anonymous user
Payments to an organization that devotes a substantial part of its activities to lobbying which tries to influence legislation is not deductible.
Fraternity payments
Asked Tuesday, January 02, 2001 by an anonymous user
No. Generally, checks written to fraternities and sororities are considered clubs for social purpose and not deductible as a charity.
I live in Florida , Georgia , where do I file Employer's Quarterly Federal Tax Return 941 ?
Asked Thursday, December 28, 2000 by an anonymous user
In Florida, If you are filing a form without a payment, mail Form 941 to IRS Ogden UT 84201-0005. If you are filing a form with a payment, mail Form 941 to IRS P.O. Box 105083 Atlanta GA 30348-5083
In Georgia, If you are filing a form without a payment, mail Form 941 to IRS Cincinnati Oh 45999-0005. If you are filing a form without a payment, mail Form 941 to IRS P.O. Box 804522 Cincinnati OH 4528-4522
I live in Connecticut ,Georgia, Illinois, Maine , Massachusetts , New Hampshire , Rhode Island , Tennessee, Vermont , NY, Virginia, where do I file Employer's Quarterly Federal Tax Return 941 ?
Asked Thursday, December 28, 2000 by an anonymous user
If you are filing a form without a payment, mail Form 941 to IRS Cincinnati OH 45999-0005. If you are filing a form with a payment, mail Form 941 to IRS P.O. Box 804522 Cincinnati OH 45280-4522
