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Accounting and Goats

Accounting and Goats

FromFor the Love of Goats


Accounting and Goats

FromFor the Love of 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)

We are talking about everything goats! Whether you're an owner, a breeder, or just a fan of these wonderful creatures, we've got you covered. Join host and author Deborah Niemann as she interviews experts and goat lovers so we can all learn more about how to improve the health and production of our goats, improve our relationships, and possibly even start a goat business.