ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Expense
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Income
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Either A or B
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None of the above
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Detailed explanation-1: -The following are examples of taxable lawn care services: (1) Fertilizing lawns. (2) Mowing, trimming, cutting or edging lawns. (3) Dethatching lawns.
Detailed explanation-2: -All sales to or purchases by a landscaper are subject to tax.
Detailed explanation-3: -What’s art to you? In general, artists, dealers and investors can claim any expenses related to creating, acquiring, preserving or transporting art if they are incurred as normal and ordinary business expenses, or if they are incurred in the production of income.
Detailed explanation-4: - Art supplies. Write it off using: Cultural events & museums. Write it off using: Gallery fees. Write it off using: Art classes. Write it off using: Framing. Write it off using: Design software. Write it off using: ☁ Photo storage. Write it off using: Art studio fees. More items