boxoffire
08-12-2004, 12:10 AM
Do I have to get a license to start mowing peoples lawns? I was wondering the implications if I don't, and if I buy equipment this year (2004), could I claim them on my taxes in 2005 instead?
I figure if I get a license now with only 1 customer, I'll have to go ahead and put my equipment on this years taxes in April 05, wouldn't that be right?
Lastly, I bought my L110 JD tractor last summer in 03 to cut my moms lawn and it cost $1900. Is it too late to declare that in my taxes for 04 if I use it for business purposes?
Sorry for so many questions. Just getting started and want advice on these type things before I get going much. I have a guy I know that can help me with taxes.
Stay as cool as you can out there. Enjoy!
Later, Adam
I figure if I get a license now with only 1 customer, I'll have to go ahead and put my equipment on this years taxes in April 05, wouldn't that be right?
Lastly, I bought my L110 JD tractor last summer in 03 to cut my moms lawn and it cost $1900. Is it too late to declare that in my taxes for 04 if I use it for business purposes?
Sorry for so many questions. Just getting started and want advice on these type things before I get going much. I have a guy I know that can help me with taxes.
Stay as cool as you can out there. Enjoy!
Later, Adam