Comments for Lillie Ammann, Writer & Editor http://lillieammann.com A Writer's Words, An Editor's Eye Tue, 07 Feb 2012 05:40:08 +0000 hourly 1 http://wordpress.org/?v=3.0 Comment on Guest Post from Vanessa Lang: Tax Deductions for Freelancers by Lillie http://lillieammann.com/2012/01/31/guest-post-from-vanessa-lang-tax-deductions-for-freelancers/comment-page-1/#comment-246517 Lillie Tue, 07 Feb 2012 05:40:08 +0000 http://lillieammann.com/?p=8293#comment-246517 Molly, Vanessa clarified that sentence with follow-on information: ----- You should always assume that the IRS already knows everything about you, so you should never report something that shouldn’t be reported. For example, you should not try to report a Rolex watch because you want to impress your clients. This is not necessary and could cause suspicion with the IRS. ----- In other words, you should not claim a deduction that is truly a legitimate business deduction. Claim only those deductions that are necessary and reasonable business expenses. A Rolex watch, for example, isn't a necessary business expense, so you should never try to report it as a deduction. Paper and printer toner are legitimate business expenses, so you should report those as deductions. Does that make it clearer? Molly,

Vanessa clarified that sentence with follow-on information:
—–
You should always assume that the IRS already knows everything about you, so you should never report something that shouldn’t be reported. For example, you should not try to report a Rolex watch because you want to impress your clients. This is not necessary and could cause suspicion with the IRS.
—–
In other words, you should not claim a deduction that is truly a legitimate business deduction. Claim only those deductions that are necessary and reasonable business expenses. A Rolex watch, for example, isn’t a necessary business expense, so you should never try to report it as a deduction. Paper and printer toner are legitimate business expenses, so you should report those as deductions.

Does that make it clearer?

]]> Comment on My 7 Links by Lillie http://lillieammann.com/2012/02/03/my-7-links/comment-page-1/#comment-246514 Lillie Tue, 07 Feb 2012 05:37:05 +0000 http://lillieammann.com/?p=8509#comment-246514 Thank you, Dita. That Most Popular Post is a surprise because it has so many more views than any other post. Thank you, Dita. That Most Popular Post is a surprise because it has so many more views than any other post.

]]> Comment on My 7 Links by Dita http://lillieammann.com/2012/02/03/my-7-links/comment-page-1/#comment-246494 Dita Tue, 07 Feb 2012 05:08:48 +0000 http://lillieammann.com/?p=8509#comment-246494 I like these post. especially your Most Popular Post. love to back to your site.. I like these post. especially your Most Popular Post. love to back to your site..

]]> Comment on Guest Post from Vanessa Lang: Tax Deductions for Freelancers by Molly Hebert http://lillieammann.com/2012/01/31/guest-post-from-vanessa-lang-tax-deductions-for-freelancers/comment-page-1/#comment-246483 Molly Hebert Tue, 07 Feb 2012 04:53:36 +0000 http://lillieammann.com/?p=8293#comment-246483 Hello, Not sure I understand this para quite well. "so you should never report something that shouldn’t be reported...This is not necessary and could cause suspicion with the IRS" The question I have is: how do I know what should and should not be reported to the IRS? Hello,

Not sure I understand this para quite well.

“so you should never report something that shouldn’t be reported…This is not necessary and could cause suspicion with the IRS”

The question I have is: how do I know what should and should not be reported to the IRS?

]]> Comment on Happy 44th Anniversary to Us! by Lillie http://lillieammann.com/2011/05/31/happy-44th-anniversary-to-us/comment-page-1/#comment-246364 Lillie Tue, 07 Feb 2012 01:28:11 +0000 http://lillieammann.com/?p=7159#comment-246364 Thank you, Jessica! Thank you, Jessica!

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