I was just thinking... I guess the loss started when packages, Queens, splits, or NUCs were purchased as biz expense. I know a full production hive is worth more...but how would you value that loss?
did you look in your next door neighbors yard??I lost 12 hives last year.
Livestock such as cattle have a productive life span which can be deprecieated.Losses are shrinkage. The expense of replacing the dead bees w/ live ones is deductable. Not that I'm a tax lawyer or accountant, by any means. But if I bought packages they would be a livestock expense. Just as queens and cells are.
The equipment is depreciable over time.
what i thought too, but resisted.did you look in your next door neighbors yard??