Can I write off my phone for business? Can I require workers to use their phone? Reimbursements?

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  • เผยแพร่เมื่อ 20 ก.ค. 2024
  • In this video, I answer the question “Can I write-off my phone for business?” We’ll also cover how exactly your business can take a tax write-off and for what amount.
    Plus, if you have workers who need to use a cell phone for business, we’ll cover options (or requirements depending on your state) for reimbursing them or providing them with a phone.
    The good news is that rule changes make it easier to take a deduction for your phone, now more than ever!
    Getting started with accounting & taxes? Get the free basic Business Spreadsheet Template and training, right now here: www.amandarussell.mba/gettheb...
    Check out Amanda’s courses: www.bizschool.coach/courses
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ความคิดเห็น • 14

  • @DrugAbusePrevention
    @DrugAbusePrevention 3 ปีที่แล้ว +2

    Your videos are always very helpful. Thank you for taking the time to create them. I hope you continue to do more of them.

  • @TheStressReleaseProject
    @TheStressReleaseProject 6 หลายเดือนก่อน

    Thank you so much for this detailed video! It really helped me make the right decisions.

  • @waynetatum1819
    @waynetatum1819 3 ปีที่แล้ว

    Thank you! Exceptional and very informative as usual, thanks!!

  • @kjvisual7
    @kjvisual7 2 ปีที่แล้ว +1

    Thank you, that was helpful info. Do you have a video where you talk about self employed (LLC) startup bookkeeping. Although I have business banking accounts, I have just used my personal accounts for spending vs transferring money to the business just to pay from the business account.
    -- Edit --
    You do have a video that talks about the difference between Start-Up vs Started costs. Wow, that was good info.
    ----
    It will be nice when phone definitions are updated. My cellphone and computer provide the same functionality. As do the mobile and stationary internet service. And I rarely use the cellphone for phone calls. 😁

  • @qrm3943
    @qrm3943 2 ปีที่แล้ว

    Just started a LLC last year have not made any money and just realizing I should set up a business account, what do you do if you didn’t have a business acct for tax time (which is now). And have used personal credit cards to pay for software etc and cell phone use is more like a mini tablet these days. You use to upload designs (on the go) for your products or like now for training etc. Print on Demand business

  • @mmlg24
    @mmlg24 3 ปีที่แล้ว

    Excellent! Thank you!

  • @maxxlaw4081
    @maxxlaw4081 3 ปีที่แล้ว

    Thanks!

  • @martysilvia4531
    @martysilvia4531 3 ปีที่แล้ว

    Great your the Best!!

  • @rickeyhughes7380
    @rickeyhughes7380 3 ปีที่แล้ว

    Thank you for sharing this video. I am self-employed in my Bookkeeping and Accounting business. What is the right way to reimburse myself when I use my cellphone in my business? I think this is the only thing applying to me. Please let me know. Again, I thank you, so much, for the video you just recently shared.

  • @311rbb
    @311rbb 2 ปีที่แล้ว

    Any advice for dealing with paper clutter if we are keeping it all?

  • @barbarasakowicz5338
    @barbarasakowicz5338 2 ปีที่แล้ว

    My question ist where I fill in my expenses ? which dokument? should I make extra dokuments and male a list what I deduct?

  • @springteen3743
    @springteen3743 2 ปีที่แล้ว

    So how much will an Uber driver safe if she writes off the phone? Dollars amount please🤑

    • @businessfinancecoach
      @businessfinancecoach  2 ปีที่แล้ว

      That's impossible to answer - it's based on YOUR AMOUNTS! Your total income and expenses, your filing status, dependents, credits, deductions, etc...

    • @springteen3743
      @springteen3743 2 ปีที่แล้ว

      @@businessfinancecoach thank you very much😙