If a stripper gets breast implants can she write it off on her taxes as a business expense?
151148
yes she can they do it all the time
254196
Yes. Any expense that is ordinary and necessary for you to run your business is deductible. There are to many to list here. To sum it up if you have to have it to make your business run than it IS a deduction. Also if you do your billing or keep you records in your home you might be able to take a home office. You can take such little thing as sunglasses off. I would not want to be behind a trucker with the sun in their eyes. Good luck.
676126
No. If the LLC is taxes as a partnership or an S corp, that member gets a K-1 from the LLC saying how much that member should claim on their personal tax return as business income. They only pay income tax on that. If they had to pay SS and Medicare on that, there would be no purpose in having the LLC or any entity, for that matter. They could just be a Sole Prop and show the business income on a Schedule C.
6633
There is NO requirement to be registered or certified to do taxes in Arkansas for a fee. However, I would suggest that she take an income tax course. I'm not allowed to post any commercial information, but the largest income tax preparation form (with whom I have NO connection whatsoever) offers an excellent course that I would strongly recommend before venturing into the world of paid income tax preparation.
1403
I agree with the answers provided above, but with one caveat. Illegal business activities are not allowed to deduct business expenses. So reporting the illegal gambling winnings on a Schedule C would mean that no expenses can be claimed. This would subject the gross winnings (from illegal gambling) to Self-Employment Taxes. This will increase your taxes, and not provide you with the benefit of deductible expenses.\n\nSo, I would list this income as gambling winnings, with losses reported on Schedule A as an itemized deduction.\n\nHope this helps.\n\nWilliam
557317
http://www.irs.gov/businesses/small/article/0,,id=110417,00.html
55765
i do taxes. and as far as i know you cant. and i dont see how you could do it for business and to my knowledge there are no forms to put that on if you did find a way to do it for business. sorry.
683931
First...stargates answer is totally WRONG!\nYou have two sources of income.  A W-2 income job and a self-employment income.  Any expenses associated with your W-2 job is reported on Form 2106 and deducted as a misc. itemized deduction.  Won't get it unless you itemize.\nThe S.E income is reported on Schedule C of the 1040.  You may deduct any normal and reasonable expense in the ordinary course of business, even if it results in a loss.  You need to be aware of Hobby Loss rules.  If you lose money 3 out of 5 years, the IRS can say your business is only a hobby and your expenses will be limited to your income.  To avoid that, make sure you have a separate checking account, phone, insurance, business licenses.  That way, you can prove you are TRYING to make a profit but aren't.  Good luck
252278
Only a business will get to deduct business expenses from income to adjust the income that taxes are caluclated on.\n\nStart a sole proprietorship if nothing else, easy and then you can do it. Of course it will only affect future things.
293134
Be sure to follow the proper procedure, which is described at http://www.irs.gov/businesses/small/international/article/0,,id=96734,00.html.  You also should understand the consequences of your choice, which include having to report her income for the full year on your joint return.  If she had income on which she paid tax in a foreign country, then you may be entitled to a credit for that tax; there may be other provisions which mitigate the tax burden as well.  Consult a knowledgable tax preparer who has handled similar situations in the past.
907368
I think you just pay her and she pays the taxes like an independant contractor does.  I think.
236623
Yes. You might not get the full deduction
704563
A tax "write-off" is most commonly used as a business term for legally reducing your taxible income, saving you money. Individuals are also allowed "write-offs" called deductions. You can find a huge list of possible deductions at the IRS website.
4625
If you paid for the item then it is yours.  You can actually write it off of your income taxes as an "Unreimbursed Employment Expense."  Although, your employer and his lawyer must have a good reason to think it is not yours.  Otherwise, they wouldn't even bother with court.
528073
This issue may seem easy. However, it is not. It depends upon several factors: the type of business, whether the business is a particular type of corporation, frequency of business transactions within Virginia, the duties and responsibilities of the employees, etc. I would suggest to go to an Business Tax Consultant/Accountant. You can also consult the IRS government website.
213651
maybe if she is considered disabled and you might be able to write off the doctor appts. You only get child credits the tax time AFTER the baby is born.
223305
Yes extra\nstupidity tax