- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The Tundra is the best full sized truck on the market. (Change my mind)
Posted on 4/14/19 at 12:38 am to highcotton2
Posted on 4/14/19 at 12:38 am to highcotton2
When you own a small business and have a successful/profitable year, it makes sense to make it look "less profitable" by spending money on a legit business expense like a new work truck. Especially with the new tax law that allows you to fully depreciate over the 1st year vs. spreading it out over 5 (or so) years. Helps lessen the tax burden for that year.
This post was edited on 4/14/19 at 7:30 am
1
Posted on 4/14/19 at 8:05 am to Butchr
quote:
When you own a small business and have a successful/profitable year, it makes sense to make it look "less profitable" by spending money on a legit business expense like a new work truck.
You already stated you didn’t need a new truck. It never makes sense to spend $50000 on something you do not need to save $10000 on taxes. I see people post stuff like this all the time.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News