Sujet : Re: Taxes (was Re: Memory)
De : ldo (at) *nospam* nz.invalid (Lawrence D'Oliveiro)
Groupes : comp.os.linux.advocacyDate : 20. Nov 2024, 02:23:55
Autres entêtes
Organisation : A noiseless patient Spider
Message-ID : <vhjdnb$23v6c$3@dont-email.me>
References : 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
User-Agent : Pan/0.160 (Toresk; )
On Tue, 19 Nov 2024 19:55:15 -0500, -hh wrote:
On 11/19/24 5:02 PM, Lawrence D'Oliveiro wrote:
>
On Tue, 19 Nov 2024 16:21:20 -0500, -hh wrote:
A five year cycle works for business tax write-off purposes too.
People say “tax write-off” as if you deduct expenses against tax.
You don’t: you deduct them against taxable income.
Agreed; its a lazy shorthand ...
Worse than that, a misleading one. It might lead some naïve PHBs into
thinking that throwing away money on expenses comes at zero cost.