Sujet : Re: Taxes (was Re: Memory)
De : recscuba_google (at) *nospam* huntzinger.com (-hh)
Groupes : comp.os.linux.advocacyDate : 20. Nov 2024, 13:51:34
Autres entêtes
Organisation : A noiseless patient Spider
Message-ID : <vhkm0m$23olb$3@dont-email.me>
References : 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
User-Agent : Mozilla Thunderbird
On 11/19/24 8:23 PM, Lawrence D'Oliveiro wrote:
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.
Sure, but many will realize how easy it is to commit easy tax fraud by using this 'business expense' to buy a new laptop for their kid.
-hh