From: Colin McNamara (colin@2cups.com)
Date: Fri Feb 22 2008 - 16:35:35 ARST
Funny, I have written of my home office for the past 8 years and never
gotten flagged. Now, I don't go crazy to, but I write off space, phone,
power, toner, routers, racks, computers, etc as necessary home office or
educational expenses.
-- Colin McNamara (858)208-8105 CCIE #18233,RHCE,GCIH http://www.colinmcnamara.com http://www.linkedin.com/in/colinmcnamara"The difficult we do immediately, the impossible just takes a little longer"
On Thu, 2008-02-21 at 08:16 -0500, Scott Morris wrote: > While technically possible, the idea of writing off home/office space is a > high risk for auditing. My accountant has always told me that for the > little value you get out of it, it's not worth the risk. > > Just FYI. > > Scott > > -----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 > > > > _________________________________________________________________ > Need to know the score, the latest news, or you need your Hotmail.-get your > "fix". > http://www.msnmobilefix.com/Default.aspx
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