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View Full Version : what can we right off taxs??


fraz001
09-25-2003, 10:14 PM
i guys i just put my buss on the book this year.
and it been a up and down year
1 my dump blow the moter 1500.00 also new mower 6500.00

2 mouth later the clutch 600.00

3 my insurance truck 800.00/bus.800.00

plus have some new things for the buss.
and i have a night time job
i here that what the buss. don't cover will come out of my fill-time job taxs???:dizzy:

PERFECTLAWN
09-25-2003, 10:49 PM
EXPENSES DIRECTLY RELATED TO THE OPERATION OF YOUR BUSINESS WOULD APPEAR TO BE LIGITIMATE DEDUCTIONS, BUT AS ALWAYS, CONSULT AN ACCOUNTANT OR TAX PROFESSIONAL. YOU MIGHT EVEN GET LUCKY AND PICK UP A NEW ACCOUNT THERE.

mtdman
09-25-2003, 11:45 PM
Everything you can get a receipt for is a deduction. Write it ALL off!





NO! Just kidding.

Seriously though, another local LCO I talked to thought that was true. So he'd spend all his money on tvs and electronics and toys and write them off on his taxes. I told him to go see an accountant. I suggest you do the same.

:D

promower
09-26-2003, 03:35 AM
Accountants are great. I was reffered to mine, the day I met him he said he was out to get the IRS, and he does a great job.

AztlanLC
09-29-2003, 07:40 PM
Same here
See an accountant