View Full Version : Fed tax write-off?


Craig Terott
September 19th, 2005, 07:36 AM
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I guess the subject was a thread killer-

never mind.

Harikrishnan Ponnurangam
October 4th, 2005, 02:17 PM
Tax Write Off in US, kidding me?

HAHAHA

Don Donatello
October 4th, 2005, 05:00 PM
it all depends !!!! write off maybe not .. deduction maybe YES ..

i deduct/write off (over 5 year) 51% off my audi TT - doesn't matter if it doesn't hold much equipment as my taxman says in this buisness you gotta look good !!... in general i write off/deduct under $250 items in current year ..over $250 over 5 years ...

now projects are a little different ... if they are small budgets i just write up the expenses and deduct .. payroll , transportation , meals/hotels, equipment is on a 5 year write off ....