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Quick update - when I was writing this, I didn't realize the ambiguity of my wording. This isn't stuff I'm doing right now, this is just what I heard could be d
by primitivesuave 13y ago
Quick update - when I was writing this, I didn't realize the ambiguity of my wording. This isn't stuff I'm doing right now, this is just what I heard could be done. Although I do claim legitimate business expenses, I don't have the audacity to claim things like my rent and car lease. However, the people I heard this from have been doing the management game for quite some time and did bring up the possibility of an audit, but as long as you can provide a reasonable explanation for everything, there shouldn't be any issue. Obviously if anyone is reading this and considering taking their advice, do it at your own risk, because a wrong move could cost you a lot of money to the IRS.