Fed tax write-off? at DVinfo.net

Craig Terott · September 19th, 2005, 07:36 AM

*********

I guess the subject was a thread killer-

never mind.

Harikrishnan Ponnurangam · October 4th, 2005, 02:17 PM

Tax Write Off in US, kidding me?

HAHAHA

Don Donatello · October 4th, 2005, 05:00 PM

it all depends !!!! write off maybe not .. deduction maybe YES ..

i deduct/write off (over 5 year) 51% off my audi TT - doesn't matter if it doesn't hold much equipment as my taxman says in this buisness you gotta look good !!... in general i write off/deduct under $250 items in current year ..over $250 over 5 years ...

now projects are a little different ... if they are small budgets i just write up the expenses and deduct .. payroll , transportation , meals/hotels, equipment is on a 5 year write off ....

September 19th, 2005, 07:36 AM	#1
Craig Terott Major Player Join Date: May 2005 Location: Glendale, AZ Posts: 691	Fed tax write-off? ********* I guess the subject was a thread killer- never mind. Last edited by Craig Terott; September 19th, 2005 at 02:12 PM.

October 4th, 2005, 02:17 PM	#2
Harikrishnan Ponnurangam Regular Crew Join Date: Mar 2005 Location: St.Louis, USA Posts: 145	write off Tax Write Off in US, kidding me? HAHAHA

October 4th, 2005, 05:00 PM	#3
Don Donatello Hawaiian Shirt Mogul Join Date: Nov 2001 Location: northern cailfornia Posts: 1,261	it all depends !!!! write off maybe not .. deduction maybe YES .. i deduct/write off (over 5 year) 51% off my audi TT - doesn't matter if it doesn't hold much equipment as my taxman says in this buisness you gotta look good !!... in general i write off/deduct under $250 items in current year ..over $250 over 5 years ... now projects are a little different ... if they are small budgets i just write up the expenses and deduct .. payroll , transportation , meals/hotels, equipment is on a 5 year write off ....