From: Joseph Brunner (joe@affirmedsystems.com)
Date: Thu Feb 21 2008 - 05:48:10 ARST
You might also ask to write off your child's salary, for maintaining the
rack. Of course, as an employee you could deduct that child's full salary,
which just *happens* to be the top 1/4 of your income, thereby avoiding the
highest income bracket...
Of course if you already had your own company this would have already been
done... children, and spouses are the first *employees*
-Joe
-----Original Message-----
From: nobody@groupstudy.com [mailto:nobody@groupstudy.com] On Behalf Of
keith tokash
Sent: Wednesday, February 20, 2008 1:29 PM
To: Larry; ccielab@groupstudy.com
Subject: RE: OT - Writting off CCIE expenses
You might ask the accountant about writing off part of your mortgage/rent as
this lab is taking up square footage in your home, and it's for work. It's
not that cut and dry, but you may get another break there.
With a few exceptions, secrecy is deeply incompatible with democracy and
with
science.
--Carl Sagan
> Date: Wed, 20 Feb 2008 08:38:20 -0500
> From: cc13lab@gmail.com
> To: ccielab@groupstudy.com
> Subject: OT - Writting off CCIE expenses
>
> Went to a tax advisor last night and was very suprised to find out that I
> could write off all of my CCIE expenses. The only stipulation on it is
that
> the amount has to be over 2% of you AGI value (adjusted Gross Income). I
was
> able to write off all of my equipment (even the ebay stuff) as well as all
> the classes / test / racktime. So if you are in the same boat as me and
had
> to purchase everything yourself there is tax relief for you! Just thought
I
> would share that as it made a big difference in my tax situation. Thanks
>
>
> -larry
>
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