NAC426.285. Ordinary and necessary expenses: Exclusions.

Unless the Administrator or his or her designee provides prior written approval to an operator or trainee, ordinary and necessary expenses of the business of an operator or trainee do not include:

     1. Expenses for accounting services not related to the business.

     2. Attorney’s fees and related expenses.

     3. Charges for bank overdraft or return of checks.

     4. Charges for the use of credit cards except as permitted by NAC 426.010 to 426.500, inclusive.

     5. Costs of commuting to and from work, including parking fees, for the operator or trainee or his or her employees.

     6. Contributions or gifts to organizations or customers.

     7. Costs of aids, appliances or other equipment furnished to the operator or trainee through the program for vocational rehabilitation offered by the Bureau.

     8. Costs of replacing merchandise which is destroyed because of spoilage, theft or other circumstances.

     9. Costs of maintenance, replacement or repair of equipment which is owned by the Bureau.

     10. Costs of maintenance, replacement or repair of equipment which is owned by the operator or trainee and used at the vending facility.

     11. Costs of markup of an item of merchandise which is over the actual cost of the item, if the item was purchased from a firm and the markup directly or indirectly benefits the operator or trainee.

     12. Allowances for employees’ meals.

     13. Penalties paid to an agency which imposes taxes or issues a license.

     14. Personal expenses, including, but not limited to:

     (a) Charges for personal clothing.

     (b) Premiums for health, medical or disability insurance for the operator or trainee or his or her family.

     (c) Payments for personal income tax, including payments for estimated taxes.

     (d) Premiums for life insurance or payments for a retirement program for the operator or trainee.

     (e) Any other expenses which are personal.

     15. The purchase price of or rental payments for equipment which has not been authorized by the Bureau.

     16. Payments to the Bureau pursuant to a promissory note for any money advanced to establish a vending facility.

     17. Travel expenses.

     18. Depreciation of the equipment owned by the operator or trainee.

     19. Expenses for rent or utilities at a location other than the facility.

     20. Losses incurred for an extension of credit that was not approved by the Bureau.

     [Bur. of Services to the Blind, § 58, eff. 10-14-82]—(NAC A by Bur. of Services to the Blind & Vis. Impaired, 8-28-97; R091-00, 9-25-2000; R228-05, 5-4-2006)