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September 2004 Newsletter continued |
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EDITOR'S NOTE: Should you have questions with respect to the information contained in this newsletter or need help with your personal or business financial, tax and accounting activities, please call. |
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E-Mail Halliday@hallidaycpa.com |
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This newsletter offers factual and up-to-date information on the subjects discussed, but should not be regarded as a complete analysis of these subjects. No party assumes liability for any loss or damage resulting from reliance or use of this material. |
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• Corporate extended tax returns due in 15 days, September 15, 2004 • 3rd quarter individual & corporate estimated tax payments due September 15, 2004 • Individual & partnership extended tax returns due in 45 days, October 15, 2004 |
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Landscaping costs can be deducted. |
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Landscaping costs can be deducted if a house is used for business, such as one with a qualifying home office or a rental property. The deductible portion of the landscaping cost is the percentage of the house that is actually used for business purposes. Applicable costs are lawn care, landscaping, driveway repair etc. |
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US Citizens working in Canada cannot deduct their living expenses. |
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U.S. citizens working in Canada cannot deduct their living expenses north of the border. The tax court of Canada disallows deductions for meals, lodging and similar expenses claimed by a U.S. football player on his Canadian tax return while he played there. |