alaska heating assistance programs policy manual - DPAweb ...
alaska heating assistance programs policy manual - DPAweb ...
alaska heating assistance programs policy manual - DPAweb ...
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• Service, maintenance, and repair of business property and<br />
equipment.<br />
• Rental of business property and equipment.<br />
• Business supplies.<br />
• Advertisement.<br />
• Licenses and permit fees.<br />
• Legal and professional fees, such as fees paid to lawyers and<br />
accountants.<br />
• Business travel, including mileage and costs incurred by selfemployed<br />
individuals to travel outside their community to work,<br />
sell goods or services, purchase business equipment, and seek<br />
repair of business equipment. Travel must be directly related to<br />
the business. Transportation to and from work is not an<br />
allowable cost of doing business.<br />
• Purchase of non-durable items.<br />
• Vehicle expenses.<br />
For self-employment reasons, allowable business-related<br />
expenses include gas, oil, registration and licensing fees,<br />
insurance, interest and principal payments on vehicle loans,<br />
necessary service and repairs, and replacement of worn items<br />
(such as tires). Do not allow vehicle depreciation as a business<br />
expense.<br />
2. Expenses Not Allowed as Costs of Doing Business<br />
Expenses not allowed as costs of doing business are:<br />
• Depreciation and amortization.<br />
• Net losses from previous periods.<br />
• Federal, state and local income taxes.<br />
• Monies set aside for retirement purposes except when paid for<br />
an employee who is not a member of the <strong>heating</strong> <strong>assistance</strong><br />
household.<br />
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