There’s some bad Moment Your Heart Stopped Mine Changed Forever I Miss You Name Here Shirt what the actual problem is! I did this when I was a 1099 as a DJ. I would write off all my gear purchases as an expense for the full value in the purchase year rather than depreciating them at 20% per year. The part of the tax code applicable to me for things such as “office equipment” had a floor of some 2 million dollars under which I could instantly depreciate anything I bought as a business expense. i hate all these sensationalized headlines, and it’s always the same “XYZ company hasn’t paid a cent of tax in 3 years!” when there’s a perfectly good reason for that within the confines of the law. they’re preying on the public’s.
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And if the government is Moment Your Heart Stopped Mine. Changed Forever I Miss You Name Here Shirt that. You should be able to claim as an expense. On your taxes. I’d imagine there are diminishing returns where paying more doesn’t get you that much more. And does it range as low as “they’re going to do it wrong and cause you a massive headache”, or is it more that a better CPA will save you more money? Is it a safe bet that any CPA will at least competently do the taxes? Thank you for attempting to explain, because the average person has no idea how corporate taxes work. Some professional input would be nice…someone to fact check stuff like this. Ignorance to generates outrage and therefore clicks on their article. What if the outrage also has to do with the shit tax laws.
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