Guild/Convewntion write-off on schedule C

[Andrew and Rebeca Anderson]

Julie,
You would be advised to get a good accountant, preferably one 
enrolled to represent people against the IRS.  IRS instructions are 
obtuse for a reason.  (Why do most Americans overpay?!)  Meals are 
deductible at 50% depending on the geographical relationship to your 
business area, business hours, who's present, etc.  Professional dues 
etc are deductible in their respective portions of the form.

You can afford to pay an accountant just as much as you can afford to 
pay the federal government.  What you learn will be invaluable and 
with their advise you can set up a records keeping system that will 
reduce their take and leave more for the fed.s of what you actually >do< owe.

Andrew Anderson
At 11:54 AM 2/25/2008, you wrote:
>Greetings,
>
>          Is a convention fee 100% deductable on schedule C? What 
> about guild dues? In Potter's course the handout states something 
> about 100%. The instructions for IRS schedule C state 50%. Is it 
> 100 for one and 50% for the other?
>
>Julia
>Reading, PA
>
>
>
>
>
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