52 min listen
Accounting and Goats
ratings:
Length:
29 minutes
Released:
Aug 17, 2020
Format:
Podcast episode
Description
Are your goats or goat expenses tax deductible? It depends! Learn the many ways goats can affect your taxes (or not) with Harley Raptor CPA and "Accountant Warrior" as she describes the different ways to treat goats on your taxes and what differentiates a business from a hobby.Full show notes here --- https://thriftyhomesteader.com/accounting-with-goats/To see the most recent episodes, visit FortheLoveofGoats.com2:00 What's the difference between a hobby and a business. 9 factors from IRS5:39 Do marketing expenses help create a legitimate business?6:28 Contractors vs Employees9:58 Additional accounting expenses to think about12:00 What are quarterly taxes and why do people have to pay them?14:35 What if you file as a sole proprietor, LLC, or S-corp? Goat Law Episode 20:50 How do we keep good records for accounting purposes?26:00 What criteria must you meet to write something off as a business expense. How to find Harley Raptor:https://www.facebook.com/HarleyRaptorCPAhttp://www.harleyraptor.com/Want to support the content you love?Head over to -- https://thrifty-homesteader.ck.page/products/love-goats-tip-jar
Released:
Aug 17, 2020
Format:
Podcast episode
Titles in the series (100)
Packing With Goats by For the Love of Goats