I have a customer that received a grant from an economic development from a local town.
Do we count as income and take expenses? How do I figure in the cost basis? This sounds like a stupid question, but is there a way to take expenses and not pay tax? Anyone's help is very much appreciated, this has me stumped and brain dead. Thanks.
Do we count as income and take expenses? How do I figure in the cost basis? This sounds like a stupid question, but is there a way to take expenses and not pay tax? Anyone's help is very much appreciated, this has me stumped and brain dead. Thanks.