Could I swing writing off a 3K DLP on my taxes? - GoFuckYourself.com

wedouglas · 12-10-2005, 11:49 PM

It also functions as a computer monitor...

What kind of purchases do you write off?

Dirty F · 12-10-2005, 11:53 PM

Anything that has to do with your business. So id say yes. But ask your accountant first.

wedouglas · 12-11-2005, 12:17 AM

Quote:

Originally Posted by Franck

Anything that has to do with your business. So id say yes. But ask your accountant first.

hmm don't have one.

Dirty F · 12-11-2005, 12:18 AM

Quote:

Originally Posted by wedouglas

hmm don't have one.

If youre making 2k+ a month its worth getting one. He will save you more money than it costs to hire him.

And yeah write it off as long as you can prove you use it for your work.

wedouglas · 12-11-2005, 12:20 AM

Quote:

Originally Posted by Franck

If youre making 2k+ a month its worth getting one. He will save you more money than it costs to hire him.

And yeah write it off as long as you can prove you use it for your work.

How so? What can he do that I can't?

Dirty F · 12-11-2005, 12:21 AM

Quote:

Originally Posted by wedouglas

How so? What can he do that I can't?

Just that you have to ask this is all the proof i need

And hire a good one. Not your uncle who loves to do it for 50 bucks.

JD · 12-11-2005, 12:23 AM

Quote:

Originally Posted by Franck

Just that you have to ask this is all the proof i need

And hire a good one. Not your uncle who loves to do it for 50 bucks.

lol yeah no shit. a good accountant will save you SO much money. Weird little loop holes n shit are kewl

wedouglas · 12-11-2005, 12:24 AM

Quote:

Originally Posted by Franck

Just that you have to ask this is all the proof i need

And hire a good one. Not your uncle who loves to do it for 50 bucks.

I make decent money, but can keep track of my money fairly easy.

I have about $400 in bills each month. Everything else is profit. Why do I need someone to keep track of that?

Dirty F · 12-11-2005, 12:26 AM

Quote:

Originally Posted by wedouglas

I make decent money, but can keep track of my money fairly easy.

I have about $400 in bills each month. Everything else is profit. Why do I need someone to keep track of that?

Dude the reason that you started this thread alone is enough reason to hire an accountant. Stop asking shit here that you and i cant answer. Thats what an accountant is for. Just believe me alright. For every 100 you spend on him he probably saves you 200. Now stop asking, were not accountants. You want to save money, hire one.

wedouglas · 12-11-2005, 12:30 AM

What do you pay yours?

Dirty F · 12-11-2005, 12:33 AM

Quote:

Originally Posted by wedouglas

What do you pay yours?

Between 1 dollar and 3000 depending on what needs to be done.

Dude stop asking stupid questions noone can answer. Call a frigging accountant tell him what you do and he will tell you how much it costs. This is gfy, were not accountants.

wedouglas · 12-11-2005, 12:35 AM

Yeah, who would have thought you could get business advice or info on gfy.

Dirty F · 12-11-2005, 12:37 AM

Quote:

Originally Posted by wedouglas

Yeah, who would have thought you could get business advice or info on gfy.

Dude i just gave you the best fucking advice possible. This thread and my answers might save you 10 grand a year. Or more...i dont know how much you make. You should fucking thank me instead of being annoyed.

wedouglas · 12-11-2005, 12:38 AM

Quote:

Originally Posted by Franck

Dude i just gave you the best fucking advice possible. This thread and my answers might save you 10 grand a year. Or more...i dont know how much you make. You should fucking thank me instead of being annoyed.

Yeah yeah. calm down. you are the one who came with the attitude.

Dirty F · 12-11-2005, 12:39 AM

Quote:

Originally Posted by wedouglas

Yeah yeah. calm down. you are the one who came with the attitude.

Attitude? Im getting your head out of your ass and im helping you.

Jeesh. Thanks for nothing.

wedouglas · 12-11-2005, 12:42 AM

Quote:

Originally Posted by Franck

Attitude? Im getting your head out of your ass and im helping you.

Jeesh. Thanks for nothing.

Maybe its just the internet etiquette.

Dirty F · 12-11-2005, 12:44 AM

Quote:

Originally Posted by wedouglas

Maybe its just the internet etiquette.

By helping you saving 1000's?

Deej · 12-11-2005, 12:46 AM

Accountant and a tax lady...even a tax attorney if necessary./.....he IS right....they will save you more than you spend on them....and if your office is out of your home.....you can write a ton off....such as heating and what not....

rowan · 12-11-2005, 12:46 AM

Dunno about your part of the world, but in mine we need to declare the proportion used for business.

If you're that worried about paying an accountant then go to a cheapie place like H&R. It's not the best but you'll probably still find some things that you wouldn't have thought of yourself. Their bill should be tax deductable.

Remember you're not just claiming basic outgoing bills; you can probably also claim things like office expenses, conventions and business get togethers.

wedouglas · 12-11-2005, 12:47 AM

Quote:

Originally Posted by Franck

By helping you saving 1000's?

No. Let me end this on a polite note.

Thanks for the info.

Dirty F · 12-11-2005, 12:47 AM

Quote:

Originally Posted by Deej

Accountant and a tax lady...even a tax attorney if necessary./.....he IS right....they will save you more than you spend on them....and if your office is out of your home.....you can write a ton off....such as heating and what not....

Stop giving him advice. He doesnt want it or will get annoyed.

Dirty F · 12-11-2005, 12:47 AM

Quote:

Originally Posted by wedouglas

No. Let me end this on a polite note.

Thanks for the info.

Yeah youre so welcome.

Deej · 12-11-2005, 12:47 AM

and yes ettiquette....you can give advice without being slightly offensive.....no one is crying just making blatant observations

wedouglas · 12-11-2005, 12:49 AM

Quote:

Originally Posted by rowan

Dunno about your part of the world, but in mine we need to declare the proportion used for business.

If you're that worried about paying an accountant then go to a cheapie place like H&R. It's not the best but you'll probably still find some things that you wouldn't have thought of yourself. Their bill should be tax deductable.

Remember you're not just claiming basic outgoing bills; you can probably also claim things like office expenses, conventions and business get togethers.

My main problem is that I cant write things off that I dont own. I live at home while going to college, I cant write most things off because more money is saved by others claiming me and writing stuff off for themselves.

Dirty F · 12-11-2005, 12:49 AM

Quote:

Originally Posted by Deej

and yes ettiquette....you can give advice without being slightly offensive.....no one is crying just making blatant observations

If you want ettiquete go to an accountant. Not me. Im saving someone potentially 1000's and think i might be slightly offensive doing that.

Dirty F · 12-11-2005, 12:50 AM

Quote:

Originally Posted by wedouglas

My main problem is that I cant write things off that I dont own. I live at home while going to college, I cant write most things off because more money is saved by others claiming me and writing stuff off for themselves.

Ahhh thats a good question. Let me help you with that.

The best thing you could do in this case....is....

Tomorrow morning first thing, call an accountant and make an appointment with him and talk to him about this.

Deej · 12-11-2005, 01:06 AM

actually a tax lady would be better for asking about write offs....not an accountant....an accountant COULD help you out....but the tax lady will help you more and save you more

Dirty F · 12-11-2005, 01:07 AM

Quote:

Originally Posted by Deej

actually a tax lady would be better for asking about write offs....not an accountant....an accountant COULD help you out....but the tax lady will help you more and save you more

Thats correct, get both.

xNetworx · 12-11-2005, 01:25 AM

You can find a way to write off just about anything.

Jakke PNG · 12-11-2005, 02:06 AM

Accountants indeed save a ton, I've been able to write off things I never even imagined I could after hiring mine.

SGS · 12-11-2005, 03:46 AM

They also manage tax efficient investments and a whole load of other things.

12-10-2005, 11:49 PM	#1
wedouglas So Fucking Banned Join Date: Aug 2004 Location: Dearborn, MI Posts: 5,921	Could I swing writing off a 3K DLP on my taxes? It also functions as a computer monitor... What kind of purchases do you write off?

12-11-2005, 12:46 AM	#18
Deej I make pixels work Industry Role: Join Date: Jun 2005 Location: I live here... Posts: 24,386	Accountant and a tax lady...even a tax attorney if necessary./.....he IS right....they will save you more than you spend on them....and if your office is out of your home.....you can write a ton off....such as heating and what not.... __________________ Deej's Designs n' What Not Hit me up for Design, CSS & Photo Retouching Icq#30096880

12-11-2005, 12:47 AM	#23
Deej I make pixels work Industry Role: Join Date: Jun 2005 Location: I live here... Posts: 24,386	and yes ettiquette....you can give advice without being slightly offensive.....no one is crying just making blatant observations __________________ Deej's Designs n' What Not Hit me up for Design, CSS & Photo Retouching Icq#30096880

12-11-2005, 01:06 AM	#27
Deej I make pixels work Industry Role: Join Date: Jun 2005 Location: I live here... Posts: 24,386	actually a tax lady would be better for asking about write offs....not an accountant....an accountant COULD help you out....but the tax lady will help you more and save you more __________________ Deej's Designs n' What Not Hit me up for Design, CSS & Photo Retouching Icq#30096880

12-11-2005, 02:06 AM	#30
Jakke PNG ex-TeenGodFather Industry Role: Join Date: Nov 2001 Location: Suomi Finland Perkele Posts: 20,306	Accountants indeed save a ton, I've been able to write off things I never even imagined I could after hiring mine. __________________ ..and I'm off.

12-10-2005, 11:53 PM	#2
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Anything that has to do with your business. So id say yes. But ask your accountant first.

12-11-2005, 12:30 AM	#10
wedouglas So Fucking Banned Join Date: Aug 2004 Location: Dearborn, MI Posts: 5,921	What do you pay yours?

12-11-2005, 12:35 AM	#12
wedouglas So Fucking Banned Join Date: Aug 2004 Location: Dearborn, MI Posts: 5,921	Yeah, who would have thought you could get business advice or info on gfy.

12-11-2005, 12:46 AM	#19
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	Dunno about your part of the world, but in mine we need to declare the proportion used for business. If you're that worried about paying an accountant then go to a cheapie place like H&R. It's not the best but you'll probably still find some things that you wouldn't have thought of yourself. Their bill should be tax deductable. Remember you're not just claiming basic outgoing bills; you can probably also claim things like office expenses, conventions and business get togethers.

12-11-2005, 01:25 AM	#29
xNetworx So Fucking What Industry Role: Join Date: Jan 2004 Location: Whore Island Posts: 14,445	You can find a way to write off just about anything.

12-11-2005, 03:46 AM	#31
SGS Confirmed User Industry Role: Join Date: Dec 2002 Location: Mallorca - Nottingham Posts: 5,176	They also manage tax efficient investments and a whole load of other things. __________________ See sig...