From: darth router (darklordrouter@gmail.com)
Date: Sun Feb 24 2008 - 06:31:16 ARST
If you keep your books and do your taxes correctly every year, an audit is
cake. Scott just might be a tax evader :) I've read his bio, shady past :P
LOL!
On 2/22/08, josh lauer <jslauer@hotmail.com> wrote:
>
> Agreed,
>
> the first year I did it...I got audited. I didn't have any problems with
> the
> audit but it did raise a flag. I would recommend not doing it unless you
> think you'll gain a lot. I found the extra dollars I save were not near
> worth the hassle. The more fancy you get with your taxes, the more flags
> that are raised.
>
>
> Josh
>
> --------------------------------------------------
>
> From: "Scott Morris" <swm@emanon.com>
>
> Sent: Thursday, February 21, 2008 8:16 AM
>
> To: "'keith tokash'" <ktokash@hotmail.com>; "'Larry'" <cc13lab@gmail.com>;
>
> <ccielab@groupstudy.com>
> Subject: RE: OT - Writting off CCIE expenses
>
> > 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".
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