08-20-2007, 12:47 AM
Feersty Wrote:bassmangrammy Wrote:Buy a mac.
But I wouldn't be able to write it off as a business expense.
Haha... the brand has nothing to do with taxation. If you are operating a legitimate business, your computing equipment can either be capitalized and depreciated, or simply expensed. In both cases, the depreciation or expense lowers your taxable income, and thus you have a lower tax expense. To learn more, take tax accounting or read the GAAP tax code.
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Aaron
"Early to bed and early to rise probably indicates unskilled labor." - John Ciardi
Aaron
"Early to bed and early to rise probably indicates unskilled labor." - John Ciardi
