Tax Deductible Recipes: How Many Times Can You Practice?

[naekelsey]

How many times can you practice a recipe and it still be tax deductible? Is there a limit? One time on some of these recipes just isn't enough for me to feel comfortable to do them at a party..

 

[krisPC]

as i understand it, one time. the girl in our group that has been using this deduction said it has to be a new recipe each time. she keeps the grocery reciept and recipe to give to tax guy

 

[naekelsey]

I was afraid of that. Some of these recipes I wouldn't normally do for my family and doing them once just isn't enough time to get them figured out..

 

[pkd09]

I thought it was twice....oops

 

[chefliz]

I'd like to hear others' thoughts on this too. I have been counting it twice and I was told twice by the girls in my cluster and upline.

 

[MHouting]

I too was told twice... ???

 

[naekelsey]

Would be awesome if it was twice!!

 

[naekelsey]

Bought another chicken today so will try it again tomorrow or Sunday...Crossing my fingers!!

 

[forever their mom]

I was told once a month.

 

[naekelsey]

Guess it depends on the tax person..LOL!!

 

[MHouting]

I got this from my accountant.....

Law states: 'To be deductible, a business expense must be ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that is helpful and appropriate for your business. An expense does not have to be indispensable to be considered necessary.' If you find you need to practice more than a couple times, within reason, claim them.

 

[ShelbyMichalek]

I got this from my accountant.....

Law states: 'To be deductible, a business expense must be ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that is helpful and appropriate for your business. An expense does not have to be indispensable to be considered necessary.' If you find you need to practice more than a couple times, within reason, claim them.

I would agree with this.
If you have trouble getting it right the first, or even the second, time then by all means claim it again!

 

[naekelsey]

What a way to think and I agree! Thank you!!!

 

[pkd09]

Thank you Marcy.....that verbage from the accountant is priceless.

 

[MHouting]

Thank you Marcy.....that verbage from the accountant is priceless.

You are welcome! I figured I had a small list to inquire with him anyways (we just bought our 1st home - no more renting! Yea!) and since timing worked out, I tossed this question in too!

 

[cynchr11]

Do the recipes have to be pampered chef?? I had a host give me recipes that she makes on a regular basis.. She wanted to see that our products work on regular recipes not just our Pampered Chef ones. Would I be able to write these off?

 

[lt1jane]

I would think so if you were practicing for her party.