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Content What counts as a business expense? Can I Claim Movie Tickets as a Business Expense? Are Expense Deductions Without Receipts Tax Deductible? Real tax experts on demand with TurboTax Live Basic Certain qualified film, television, or live theatrical productions acquired and placed in service after September 27, 2017, may be eligible for the special depreciation […]
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Content Real Time Expense Reporting Save and Submit Your Receipts to Get Reimbursed Quickly What the IRS says about paper receipts Do I need receipts for meal expenses? Services Multiple items of similar nature can be grouped, such as books, clothing, and decorations. However, try to be specific when possible since this receipt serves as […]
Content Financial Accounting Standards Board gross profit accounting Is the expected/unearned revenue a Contra Account? 13 Companies setting-off deductions 14 Employer annual return current ratio The actual notes and coins held in the office is ‘petty cash’. Sales return contra revenue account is used for showing the impact of returns and refunds on the business’s net revenue. This may occur […]
