Can I deduct phone bills when I have home business?
I am planning to home phone line for my home but I have home based business. Can I still deduct part of my business phone calls? I am a sole proprietor but what if I incorporate as S corporation? Can I still deduct my part of my home phones for business use?
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I’m writing a movie and part of it is where a guy want to sell his business to a foreign party so he won’t have to pay taxes – so he can keep it all. is it possible to do this? it doesn’t have to be a foreign party – looking for a plausible loophole. thanks.
He basically wants to sell it to a buddy through a 3rd party loophole of some kind and pay no taxes (any other ideas?. it’s supposed to be illegal – but doable. that’s the point. get creative! thanks.
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