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| *The Commerce Journal>>>Other Taxes |
Are bank fees tax deductible? WHat about overdraft fees? |
Are bank fees tax deductible? WHat about overdraft fees? No they are not. They are personal expenses and not deductible. Simple answer - NO No and no. No for both No. not personal ones For a business, yes. No and no. |
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Well, putting root kit spyware on their CDs as they did a couple of years ago sure as hell will hit their bottom line. I'm no longer a customer of them or Sony because of that. ...This doesn't sound right, have you checked with a tax professional to see if this is actually what is happening? Check with 2 or 3 to see if you get the same answer from all of them. ...Anything that can't be pigeon-holed into the preprinted lines. ...Not enough info. If you earned the money while in the U.S. then you owe taxes on it. Talk to a tax lawyer. ...you can claim a percentage of the motor expenses, depending on what proportion of total costs are concerned with your business. I claim about 70% of my motor costs because I drive the car for work ... Try downloading Microsoft Money (60 day trial version) and download all your bank statement for the year in it. then allocate them in different catagories.. like grocery, home improvement etc. ... Normally an LLC will have some sort of accounting system that is producing a profit and loss statement periodically. Business taxes are much different than personal taxes and the financial stateme... No. Operating revenues and interest income are normally separately stated. ... |
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