|
Posted by mwhenry.fla on March 19, 2007, 2:23 am
Please log in for more thread options
I've started a small corporation and hope to minimize
equipment procurement to the greatest extent possible. I
have home office space, home office equipment (PC, Server,
All in one fax/printer/ scanner), internet connectivity, and
second telephone line at my full disposal. However, I do
not know best how to handle these to seperate the corporate
entity from the personal one as well as from a tax
perspective.
1) Can I keep all of these in my own name as personal
resources - and lease/bill back the time to the corporation?
And, if so, should this be a formal arrangement or just
submitted through employee expense reimbursement?
2) Should I transfer these into the business name and do the
reverse?
Are there other alternatives and solutions?
Thanks
<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap