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Apiarists and bees...

Eddie903
Level 4

Client has a honey business and spent a good amount on new bees to restock his hives.   Since their life expectancy is less than  a year they wouldn't be depreciated, would they be considered livestock included in Part 1 1.b or line 32 for for other expenses? 

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1 Comment 1
Just-Lisa-Now-
Level 15
Level 15

This says Yes, theyre livestock


https://bootstrapbee.com/laws/are-bees-considered-livestock-tax-wise


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪