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It provides donation- and investment-based approaches.Somolend focuses on debt-based investment funding to small businesses, providing a vehicle for entrepreneurs to attract friends and family, as well as local banks to partner with the site.A mobile phone app such as Candy Crush becomes an overnight sensation and is the impetus for a public stock offering.However, the expenses during the general investigative phase are still not deductible.The question of exactly what "convenience of the employer" means remains an unsettled question in the law.If you are a sole proprietor and you rent a house for your temporary workers to live in, you can deduct the cost of the rental payments as "rental expenses" on Line 20b of your Schedule C, not as "wages" on Line.So, reimbursed employee travel expenses would be added to your own travel expenses on Line 24a; reimbursed meals would be reported on Line 24b etc.Tax-qualified LTCi premiums are considered a medical expense.Again, the fact that the value of the benefit must be included in the employees income is a separate issue than whether you can deduct the cost of providing the benefit.
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