By: Laura
This gets me… I am a small business owner, and just because you write something off doesn’t mean it’s “free”. You basically don’t pay taxes on that amount, so if you assume you pay about 1/3 of what...
View ArticleBy: The College Investor
Great call out on what you can deduct. Its also important to remember that you can deduct partial use as well. Say you use your computer 50% for business, well, deduct 50% of its costs. The same...
View ArticleBy: Ryan
Thanks for pointing that out Laura. There is an important distinction between what is “deductible” and what is “free.” It might seem like it is free, especially if it is something you were planning on...
View ArticleBy: fredct
I was going to make Laura’s point, but I’m glad she made it already. Nonetheless, this response scares me… It “feels” like it’s free? Doing things for the way it ‘feels’, even though it’s...
View ArticleBy: fredct
That is false in many cases, investor. Tax law varies depending on the category of item, but in many cases, something that is used even 1% for personal uses, can’t be deducted at all. In fact, for...
View ArticleBy: Money Reasons
Great point! Sounds like a great event! I’ve never even hear of the blogworld conference! Some day, if my site gets big enough, I think I too, will take advantage of such a great event! 🙂 Hopefully the...
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