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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 56 Weeks Ago, 5 Days Ago |
| Questions Answered: | 7570 |
| Tutorials Posted: | 7352 |
BS,MBA, PHD
Adelphi University/Devry
Apr-2000 - Mar-2005
HOD ,Professor
Adelphi University
Sep-2007 - Apr-2017
"Helping a Business Owner with a Tax Problem"
·        Kenneth, the owner of a catering company, needs business advice. He recently traveled to Massachusetts for a trip partly for business and partly to visit family. While he was gone, one of his food trucks was damaged partially by vandalism and two grills were stolen. He is distraught. He does not know how to report the expenses from his trip or the loss sustained from the vandalism and stolen grills. What are the potential tax consequences and what kind of record keeping do you advise Kenneth to maintain?
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