The Small Business Tax Help Blog

Posts Tagged ‘travel’

Question: who do you report disability and dole cheats to?

There is a lot of so called ex-pats living in spain claiming disability and dole!!!!!!!!
While running businesses here in spain neither paying taxes in either country but claiming the benefits

Answer: See the reporting benefit fraud link on the right hand side of this:

http://www.direct.gov.uk/en/MoneyTaxAndBenefits/BenefitsTaxCreditsAndOtherSupport/BeginnersGuideToBenefits/index.htm?CID=emc&TYPE=sponsoredsearch&CRE=Benefits

Business seeks 12-year tax break

Edwardsburg operation set to expand, owner says. EDWARDSBURG — The Edwardsburg Industrial Park is nearly filled, and one occupant is expanding his business.

Speaker IBCPIB™ 2010 – Francis J. Vassallo

Question: Why did Palin lie about Obama’s tax policy?

Obama plans to increase taxes on people over 250k, she seemed to indicate that it would prevent people from running their business. But income taxes are net of business expenses, and so is capital gains. Payroll taxes might increase, but only a small percentage of people, less than 1% will have their payroll taxes rise, so it won’t effect small business at all. The taxes will be about where they were under Clinton, which shows the economy overall can sustain it.
Am – Palin was specifically referring to specific people. A tax increase can reduce aggregate demand, but were talking about people with a very small marginal propensity to consume.

Answer: You’re wrong.

Good policy, ‘good fortune’ boosted economy: Mark Carney

Canada’s rebound unique among G7, Bank of Canada governor says

Umbrella company review

Question: What does per diem mean with regards to reimburseable meal expenses?

Specifically what does this mean:

The actual cost of meals, including taxes and tips, while on business is reimbursable. Receipts are required if the total cost of a meal exceeds- the University meal allowance. The University has reviewed the ten most traveled cities and has chosen a standard meal allowance for all travel when receipts are not available. This breaks down to:

Breakfast $10.00
Lunch $12.00
Dinner $26.00

NOTE: The meal allowance is NOT a per diem; it assumes actual expenses have been incurred.

Answer: Some companies might reimburse on a “per diem” basis, such as $40 per diem.

That means they would pay $40 per day, regardless of how much you spend.

The policy you quoted is saying: Forget the idea of collecting money that way. You either submit receipts, or use the allowance. But you have to claim something in order to get anything.

Benton candidates Ertl, McMahon spar on spending

Jim McMahon was Benton County’s sheriff for two terms, and he figures that’s a good number to serve as county commissioner.

Tax Deduction Tips for Businesses : Per Diem Tax Tips

7 Ways to Stretch Your Retirement Income

We break down how to maintain your preretirement lifestyle and manage your life savings into your ‘golden years.’

Loan discount points Loan discount caLcuLator

Energy & Natural Resources

After Senate Majority Leader Harry Reid (D-NV) decided last Tuesday, August 3, to cancel a vote on oil spill legislation (S. 3663) after he became concerned that there would be several Democratic defections, renewable energy supporters are preparing to bring the legislation to a vote when the Senate returns in September.

Unemployed in Maryland Delaware New York Baltimore Anywhere World Wide