Posted by Allen Goodman on February 20, 2011 at 10:46:46 from (174.22.173.233):
In Reply to: another tax question posted by Dave from MN on February 20, 2011 at 09:18:41:
You can deduct any repairs/materials/shop supplies/services that apply towards your equipment/property. If you have a in home office, deduct the sqaure footage, pro-rate your utilities for that space, percentage of your computer/printer that's used business, trash pickup, telephone/cell phone usage. Basically, you can deduct anything that you can justify supporting the business. I deduct my tractor pulling expenses under Advertising (lodging, fuel)for each pull. Since I'm the coordinator for our 4th of July activies, I make a invoice for the my man hours/equipment and attach a receipt from the town with their non-profit tax ID#. No problems to date. Been aduitted 3 times the last 10 years with no faults noted. Matter of a fact, the last audit, the auditor told me to deduct my tractor pulling expenses.
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Today's Featured Article - Ford Part Number Trivia - by Forum Participants. "Replaced by" means the part was superseded. All of my part books date back to 1964 and New Holland have changed some part numbers. They usually put the old Ford part number on the package. I was suppressed when I looked up the part number of the auxiliary drive shaft because for some reason the part number went through a radical change and it lost its "Basic Part Number". Ford part numbers follow the following rules. Most part numbers are in three parts. The middle part is called the
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