In recent weeks, Ali Spagnola has been carefully compiling receipts for thousands of dollars worth of supplies, including 40 pounds of cotton-candy sugar, 15,000 Lego pieces and a red baby grand piano. Based in Los Angeles, Ms. Spagnola makes goofy music and art videos to post online for a living. Now she has to prove to a tax preparer—and the Internal Revenue Service—that these purchases qualify as bona fide business expenses. Read More...
In recent weeks, Ali Spagnola has been carefully compiling receipts for thousands of dollars worth of supplies, including 40 pounds of cotton-candy sugar, 15,000 Lego pieces and a red baby grand piano. Based in Los Angeles, Ms. Spagnola makes goofy music and art videos to post online for a living. Now she has to prove to a tax preparer—and the Internal Revenue Service—that these purchases qualify as bona fide business expenses.
