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Questions tagged [business-expense]

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0 votes
0 answers
44 views

How to calculate per-diem rates for an Employee of a German company who works at home in Austria and travels to Germany for two weeks

The per-diem rates listed here https://www.bundesfinanzministerium.de/Content/DE/Downloads/BMF_Schreiben/Steuerarten/Lohnsteuer/2023-11-21-steuerliche-behandlung-reisekosten-reisekostenverguetungen-...
bradgonesurfing's user avatar
0 votes
2 answers
82 views

Overdue Business Expenses [USA] [closed]

Based in NH. Been with the company for 7 years. I have quite a large outstanding business expense (over $20k) with my employer, and there is no sign of it being paid off any time soon despite being ...
Don't Tell My Boss's user avatar
-1 votes
1 answer
97 views

In U.S. is there any IP concern when my own company pays expenses for prototype development? [closed]

This question pertains to U.S. law, and California specifically if that matters. Suppose person A founds a company that is owned by themselves and a trusted partner person B. Person A has a majority ...
benjamin37's user avatar
12 votes
3 answers
3k views

Why do companies need to keep invoices for their business expenses as well as receipts?

I understand that when a limited company makes business expenses, it should keep track of invoices that their suppliers issue them, as well as receipts showing that the company has paid these invoices....
Gabriel's user avatar
  • 259
1 vote
1 answer
147 views

What to do if I am personally invoiced for a business expense

I've formed a new limited company of which I am the director and sole shareholder. My understanding is that when I make business expenses, I should now ask the supplier to make out the invoice to the ...
Gabriel's user avatar
  • 259
0 votes
3 answers
224 views

Shared expenses for a home office and piercing the veil

I have a single-member LLC and I am about to start software consulting with it for the first time. I have a home office and I plan on deducting utilities, internet, and so forth on my taxes. I will ...
rraz's user avatar
  • 1
3 votes
4 answers
934 views

Determining if hotel stay is a necessary travel expense

In California, employers are required to reimburse employees for work-related travel expenses. Say that my employer asks me to attend a one-time meeting at 9am in a different city. If the city is only ...
Kevin's user avatar
  • 131
1 vote
1 answer
154 views

What should you do if you mistakenly charge personal expenses to a company debit card?

If someone accidentally uses the business (LLC) bank account for a personal expense, what does he/she need to do rectify the problem from a tax/legal perspective? Is it as simple as having the person ...
pushkin's user avatar
  • 323
1 vote
1 answer
397 views

Do items that I purchase for a business and for myself count as business expenses?

I know that when creating a business (specifically an LLC), I need to keep track of business expenses. But what exactly constitutes a business expense? If I buy a camera that I use for the business, ...
pushkin's user avatar
  • 323
3 votes
1 answer
502 views

Is it legal to deny employee reimbursements for meat?

WeWork appears to have instituted a policy where they prohibit their budgets from being used for purchases of red meat, pork and poultry, citing sustainability. www.theguardian.com/environment/2018/...
cnst's user avatar
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