Consolidated business debts with home equity loan. Are those payments business expenses for taxes? - business equity loan
I consolidated several credit card debts with a number of loan and mortgage payments on my business every month. For business travelers, is an S-Corporation. I use my bank account in case of such payments and consolidated debt of the original debt for the economy.
Are my payments business expenses in calculating the net annual income of my company for tax purposes? Moreover, if the list I, the interest on my taxes as personal interests (Form T040) or a deduction of business interests / charges on my tax matters (Agenda 1120)?
Friday, January 22, 2010
Business Equity Loan Consolidated Business Debts With Home Equity Loan. Are Those Payments Business Expenses For Taxes?
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As we can only source of interest, you have to realize that the shape 1120th
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