Re: Equipment Write-Off

From: Dane Newman (dnewman@datasc.com)
Date: Sat Dec 01 2007 - 05:41:26 ART


Write off the power bill !?

That would be a god sent.

I have learned the hard way that once you buy all this stuff off ebay thats
not the bulk the total cost. I live on long island NY and we pay mini bar
prices for power here. I was shocked upon getting the power bill and it
being over 1k ;( Thats up 800% from what It was before I started studying.

On 11/30/07, Sean C <upp_and_upp@hotmail.com> wrote:
>
> Hi Bill,
>
> I've employed the same tax accountant for 10 years. I actually believe he
> is too scrupulous sometimes. Anything I want to claim, he verifies and
> checks. But, even he has never had an issue with me writing off my
> hardware. Same goes for any training material (workbooks), books,
> classes,
> written test, cables, memory, IE lab fee, hotel/gas/toll for the trip to
> the
> lab, etc... He was also comfortable with me writing off a small % of my
> electric bill. I wrote them off for years, w/out any issue.
>
> And, just to CYA, as the others have mentioned - consult a tax
> professional.
>
> On a side note - I made my final credit card payment for my lab this
> morning!! Finally have the test paid off!! I probably had well over $40K
> in total expenses over the years for my digits (pre-Dynamips).
>
> Sean C #17085
>
>
> ----- Original Message -----
> From: "Bill Mckenzie" <bmckenzie@hotmail.com>
> To: <ccielab@groupstudy.com>
> Sent: Friday, November 30, 2007 8:52 AM
> Subject: OT: Equipment Write-Off
>
>
> > Is it possible to write off home equipment purchase on your taxes? Does
> > anyone
> > do this?
> >
> > Bill Mckenzie, CCIE#16725, CCVP,CCSP
> > _________________________________________________________________
> > Put your friends on the big screen with Windows Vista. + Windows Live .
> >
> http://www.microsoft.com/windows/shop/specialoffers.mspx?ocid=TXT_TAGLM_CPC_M
> > ediaCtr_bigscreen_102007
> >
> > _______________________________________________________________________
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>
> _______________________________________________________________________
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>

-- 
Dane Newman
MCSE: Messaging, CCNP, CCEA


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