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Not get too excited right.
Neighborhoods and buy stocks are let's look at an ad that was -- -- by apple it -- -- new Mac computers.
And more by December 31 and you make you able to did kept them from -- 2010 business income sounds simple enough but did a little deeper.
And you may find that it's not necessarily true world there are wide range of products that you can be death.
-- also even more things you cannot so how does one know what can and cannot be deducted in my face burns of course of course of course.
Can't Trace -- spread -- hey Tracy hello guys seems pretty easy to me -- something that the money is it for work at all woman deducted from my parents -- you know IRS has loads of guidelines to define exactly what is work in to say it's a business expense for someone like me you as a job than a month payroll.
I can't deduct that laptop for this job.
So it's a little misleading it's not inaccurate it's misleading it's a business expense if you own a business and you leave that laptop -- your business you don't bring it home at night and -- little Johnny played video games on it because then.
It is now have it now has dual purposes and technically should only deduct the person to use for work.
As a -- -- home I was able to take a piece of my computer.
Did you appreciated part of my computer that I used for work and what comes down what you think about you really if you using a computer home you don't use that much of it.
For work use it for everything out type foods not open -- formula for determining what percentage of time you might use that laptop at the office vs at home are.
What percentage of your home you might use at the home office I mean you don't have to get.
Particular -- yes -- yes and and chipping is it also your shoulders but you need to be consistent year to year with it so come up with some rational formula.
Put it in a file in case you're ever questioned but you're allowed to deduct business expenses that are part of your business things you need to pay for that or not reimburse that are required.
You need a passport to go overseas -- some of sending you to the World Cup in cutter Chris even hotter than that it.
-- -- do you have -- you sit easy.
Not in gym fees that his membership fees -- social -- and and clubs that are good for your business that conduct things like that malpractice premiums.
But there's a bunch a stuff -- -- -- there on the fence about be very careful with your cellphone.
-- you use your cell phone for work and -- than -- ordered a pizza and you -- in -- at the -- those -- two different calls and in theory they should be split.
Only the -- -- the officer deductible.
Expenses for travel IRS comes down very hard on this because everybody does this -- -- I have to be at a seminar in -- not just throw the -- in the suitcase.
I won't make it -- Disney trip after all be very careful Nielsen entertainment as well he's supposed to talk business.
But people generally just -- the one liner and then talk about last night's game and caught a business expense and again the IRS comes down on this and of course your business gifts.
We talked about this before any figures I've got -- dollars.
Until start to increase they will start to threaten that they will increase but again the IRS is ridiculously short stacked so up.
He really be prepared.
But that either somebody showing up back in your front door unless you have some underground online gambling -- -- -- people are slim to none when you have facility and all hearing the Internet at.
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