From: Scott Morris (smorris@ipexpert.com)
Date: Sat Dec 01 2007 - 14:19:25 ART
One thing to be careful of with utility bills and/or home office space is
that this is one of the leading causes of audits. So make sure you consult
a tax professional and CYA (Cover Your Assets) :)
Scott Morris, CCIE4 (R&S/ISP-Dial/Security/Service Provider) #4713, JNCIE-M
#153, JNCIS-ER, CISSP, et al.
CCSI/JNCI-M/JNCI-ER
VP - Technical Training - IPexpert, Inc.
IPexpert Sr. Technical Instructor
A Cisco Learning Partner - We Accept Learning Credits!
Telephone: +1.810.326.1444
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http://www.ipexpert.com
-----Original Message-----
From: nobody@groupstudy.com [mailto:nobody@groupstudy.com] On Behalf Of Dane
Newman
Sent: Saturday, December 01, 2007 3:41 AM
To: Sean C
Cc: Bill Mckenzie; ccielab@groupstudy.com
Subject: Re: Equipment Write-Off
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_TAGL
> M_CPC_M
> > ediaCtr_bigscreen_102007
> >
> > ____________________________________________________________________
> > ___ Subscription information may be found at:
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>
> ______________________________________________________________________
> _ Subscription information may be found at:
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>
-- Dane Newman MCSE: Messaging, CCNP, CCEA
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