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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
"Business Expenditures and Deductions"
·        Avery has always wanted to own his own business. Last year, he took the leap and opened a pet store in a nearby city. He incurred start-up costs and large inventory costs for buying food in bulk. He even hired five people: a groomer, two clerks, a stock person, and a bookkeeper. Unfortunately, his bookkeeper has accounting experience, but no tax experience. Now, he is lost. How does he handle the start-up costs? What kinds of assets can he depreciate? What kinds of records should he keep?
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