I took "advantage" of this last year since a 1099 and self-employed and needed a new vehicle. I went out and bought a truck that was of the proper weight class so was able to right off a huge chunk of its purchase price and that helped me out enormously with taxes for 2004. Too bad I am thus far am not finding something for 2005 to help out near to that extent.
On 4/29/05, Michael Dinowitz <[EMAIL PROTECTED]> wrote: > > A W2 employee can't take transportation or business meals as an expense > but > a 1099 person can. A person with a small business (such as me) can take > certain business related expenses for hardware, software, books, > conferences, etc. > It's all a game between the government, a company and a person. > Unfortunately I'm losing it. :( > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Logware (www.logware.us): a new and convenient web-based time tracking application. Start tracking and documenting hours spent on a project or with a client with Logware today. Try it for free with a 15 day trial account. http://www.houseoffusion.com/banners/view.cfm?bannerid=67 Message: http://www.houseoffusion.com/lists.cfm/link=i:11:2451 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/11 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:11 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.11 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
