Tax Deduction For Hummer?
10-01-2003, 10:06 AM
#41
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
If you can afford a new hummer, I bet you are probably not in the 10
or 15 percent bracket!
> Remember, a tax deduction only reduces your taxable income. Therefore, the true
> value of a deduction depends on what tax bracket you are in (10%, 15%, etc).
or 15 percent bracket!
> Remember, a tax deduction only reduces your taxable income. Therefore, the true
> value of a deduction depends on what tax bracket you are in (10%, 15%, etc).
10-01-2003, 10:08 AM
#42
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
Mike... you are in Canada, correct? This sounds like the US tax
code. Is Canada's tax system identical? Just curious.
> LOL!
>
> That's Soooo easy man!
>
> I own a small company, me, myself and I lately are the employees, but
> have had up to 7 'employees' or sub contractors working at one time in
> the past.
>
> Just make sure you invite someone along to a fancy dinner or party first
> with a company name in your field behind them. They will bring a
> partner to as it is a 'business' social event. What you both do later
> is your own business. ;-)
>
> Entertainment deduction!
>
> You can even split the check and both or all claim if you need the claim
> above the basic allowance given each year. Most folks don't pass the
> basic so just claim the basic with no questions asked.
>
> Even taking a client and his wife on a 'business' trip to some exotic
> local can be a tax write off if you need that kind of drop in income to
> drop you a tax bracket....
>
> That is what good accountants get paid the big bucks for, eh....
>
> 'Totally' legit!
>
> So if you think about it like any local joke group type, or a 'Newfie'
> in our case might... well ---- dere b'y... I have a $2000.00 tax write
> off for 'entertainment' expenses a year on me company dere, lard
> tunderin jaysus, may as well use er up, keep the receipts and then I can
> claim above it eh, b'y! ;-)
>
> LOL!
>
> Mike
> 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> 88 Cherokee 235 BFG AT's
>
> Jeff Strickland wrote:
> >
> > Since when can one deduct the cost of Saturday night pleasures ....
code. Is Canada's tax system identical? Just curious.
> LOL!
>
> That's Soooo easy man!
>
> I own a small company, me, myself and I lately are the employees, but
> have had up to 7 'employees' or sub contractors working at one time in
> the past.
>
> Just make sure you invite someone along to a fancy dinner or party first
> with a company name in your field behind them. They will bring a
> partner to as it is a 'business' social event. What you both do later
> is your own business. ;-)
>
> Entertainment deduction!
>
> You can even split the check and both or all claim if you need the claim
> above the basic allowance given each year. Most folks don't pass the
> basic so just claim the basic with no questions asked.
>
> Even taking a client and his wife on a 'business' trip to some exotic
> local can be a tax write off if you need that kind of drop in income to
> drop you a tax bracket....
>
> That is what good accountants get paid the big bucks for, eh....
>
> 'Totally' legit!
>
> So if you think about it like any local joke group type, or a 'Newfie'
> in our case might... well ---- dere b'y... I have a $2000.00 tax write
> off for 'entertainment' expenses a year on me company dere, lard
> tunderin jaysus, may as well use er up, keep the receipts and then I can
> claim above it eh, b'y! ;-)
>
> LOL!
>
> Mike
> 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> 88 Cherokee 235 BFG AT's
>
> Jeff Strickland wrote:
> >
> > Since when can one deduct the cost of Saturday night pleasures ....
10-01-2003, 10:08 AM
#43
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
Mike... you are in Canada, correct? This sounds like the US tax
code. Is Canada's tax system identical? Just curious.
> LOL!
>
> That's Soooo easy man!
>
> I own a small company, me, myself and I lately are the employees, but
> have had up to 7 'employees' or sub contractors working at one time in
> the past.
>
> Just make sure you invite someone along to a fancy dinner or party first
> with a company name in your field behind them. They will bring a
> partner to as it is a 'business' social event. What you both do later
> is your own business. ;-)
>
> Entertainment deduction!
>
> You can even split the check and both or all claim if you need the claim
> above the basic allowance given each year. Most folks don't pass the
> basic so just claim the basic with no questions asked.
>
> Even taking a client and his wife on a 'business' trip to some exotic
> local can be a tax write off if you need that kind of drop in income to
> drop you a tax bracket....
>
> That is what good accountants get paid the big bucks for, eh....
>
> 'Totally' legit!
>
> So if you think about it like any local joke group type, or a 'Newfie'
> in our case might... well ---- dere b'y... I have a $2000.00 tax write
> off for 'entertainment' expenses a year on me company dere, lard
> tunderin jaysus, may as well use er up, keep the receipts and then I can
> claim above it eh, b'y! ;-)
>
> LOL!
>
> Mike
> 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> 88 Cherokee 235 BFG AT's
>
> Jeff Strickland wrote:
> >
> > Since when can one deduct the cost of Saturday night pleasures ....
code. Is Canada's tax system identical? Just curious.
> LOL!
>
> That's Soooo easy man!
>
> I own a small company, me, myself and I lately are the employees, but
> have had up to 7 'employees' or sub contractors working at one time in
> the past.
>
> Just make sure you invite someone along to a fancy dinner or party first
> with a company name in your field behind them. They will bring a
> partner to as it is a 'business' social event. What you both do later
> is your own business. ;-)
>
> Entertainment deduction!
>
> You can even split the check and both or all claim if you need the claim
> above the basic allowance given each year. Most folks don't pass the
> basic so just claim the basic with no questions asked.
>
> Even taking a client and his wife on a 'business' trip to some exotic
> local can be a tax write off if you need that kind of drop in income to
> drop you a tax bracket....
>
> That is what good accountants get paid the big bucks for, eh....
>
> 'Totally' legit!
>
> So if you think about it like any local joke group type, or a 'Newfie'
> in our case might... well ---- dere b'y... I have a $2000.00 tax write
> off for 'entertainment' expenses a year on me company dere, lard
> tunderin jaysus, may as well use er up, keep the receipts and then I can
> claim above it eh, b'y! ;-)
>
> LOL!
>
> Mike
> 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> 88 Cherokee 235 BFG AT's
>
> Jeff Strickland wrote:
> >
> > Since when can one deduct the cost of Saturday night pleasures ....
10-01-2003, 11:04 AM
#44
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
I don't know, but it is likely a lot the same.
As a small business, you can claim some basic deductions as a flat
rate. If you need to go above that for any reason, you must save all
the receipts.
Mike
Joshua Nelson wrote:
>
> Mike... you are in Canada, correct? This sounds like the US tax
> code. Is Canada's tax system identical? Just curious.
>
> > LOL!
> >
> > That's Soooo easy man!
> >
> > I own a small company, me, myself and I lately are the employees, but
> > have had up to 7 'employees' or sub contractors working at one time in
> > the past.
> >
> > Just make sure you invite someone along to a fancy dinner or party first
> > with a company name in your field behind them. They will bring a
> > partner to as it is a 'business' social event. What you both do later
> > is your own business. ;-)
> >
> > Entertainment deduction!
> >
> > You can even split the check and both or all claim if you need the claim
> > above the basic allowance given each year. Most folks don't pass the
> > basic so just claim the basic with no questions asked.
> >
> > Even taking a client and his wife on a 'business' trip to some exotic
> > local can be a tax write off if you need that kind of drop in income to
> > drop you a tax bracket....
> >
> > That is what good accountants get paid the big bucks for, eh....
> >
> > 'Totally' legit!
> >
> > So if you think about it like any local joke group type, or a 'Newfie'
> > in our case might... well ---- dere b'y... I have a $2000.00 tax write
> > off for 'entertainment' expenses a year on me company dere, lard
> > tunderin jaysus, may as well use er up, keep the receipts and then I can
> > claim above it eh, b'y! ;-)
> >
> > LOL!
> >
> > Mike
> > 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> > 88 Cherokee 235 BFG AT's
> >
> > Jeff Strickland wrote:
> > >
> > > Since when can one deduct the cost of Saturday night pleasures ....
As a small business, you can claim some basic deductions as a flat
rate. If you need to go above that for any reason, you must save all
the receipts.
Mike
Joshua Nelson wrote:
>
> Mike... you are in Canada, correct? This sounds like the US tax
> code. Is Canada's tax system identical? Just curious.
>
> > LOL!
> >
> > That's Soooo easy man!
> >
> > I own a small company, me, myself and I lately are the employees, but
> > have had up to 7 'employees' or sub contractors working at one time in
> > the past.
> >
> > Just make sure you invite someone along to a fancy dinner or party first
> > with a company name in your field behind them. They will bring a
> > partner to as it is a 'business' social event. What you both do later
> > is your own business. ;-)
> >
> > Entertainment deduction!
> >
> > You can even split the check and both or all claim if you need the claim
> > above the basic allowance given each year. Most folks don't pass the
> > basic so just claim the basic with no questions asked.
> >
> > Even taking a client and his wife on a 'business' trip to some exotic
> > local can be a tax write off if you need that kind of drop in income to
> > drop you a tax bracket....
> >
> > That is what good accountants get paid the big bucks for, eh....
> >
> > 'Totally' legit!
> >
> > So if you think about it like any local joke group type, or a 'Newfie'
> > in our case might... well ---- dere b'y... I have a $2000.00 tax write
> > off for 'entertainment' expenses a year on me company dere, lard
> > tunderin jaysus, may as well use er up, keep the receipts and then I can
> > claim above it eh, b'y! ;-)
> >
> > LOL!
> >
> > Mike
> > 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> > 88 Cherokee 235 BFG AT's
> >
> > Jeff Strickland wrote:
> > >
> > > Since when can one deduct the cost of Saturday night pleasures ....
10-01-2003, 11:04 AM
#45
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
I don't know, but it is likely a lot the same.
As a small business, you can claim some basic deductions as a flat
rate. If you need to go above that for any reason, you must save all
the receipts.
Mike
Joshua Nelson wrote:
>
> Mike... you are in Canada, correct? This sounds like the US tax
> code. Is Canada's tax system identical? Just curious.
>
> > LOL!
> >
> > That's Soooo easy man!
> >
> > I own a small company, me, myself and I lately are the employees, but
> > have had up to 7 'employees' or sub contractors working at one time in
> > the past.
> >
> > Just make sure you invite someone along to a fancy dinner or party first
> > with a company name in your field behind them. They will bring a
> > partner to as it is a 'business' social event. What you both do later
> > is your own business. ;-)
> >
> > Entertainment deduction!
> >
> > You can even split the check and both or all claim if you need the claim
> > above the basic allowance given each year. Most folks don't pass the
> > basic so just claim the basic with no questions asked.
> >
> > Even taking a client and his wife on a 'business' trip to some exotic
> > local can be a tax write off if you need that kind of drop in income to
> > drop you a tax bracket....
> >
> > That is what good accountants get paid the big bucks for, eh....
> >
> > 'Totally' legit!
> >
> > So if you think about it like any local joke group type, or a 'Newfie'
> > in our case might... well ---- dere b'y... I have a $2000.00 tax write
> > off for 'entertainment' expenses a year on me company dere, lard
> > tunderin jaysus, may as well use er up, keep the receipts and then I can
> > claim above it eh, b'y! ;-)
> >
> > LOL!
> >
> > Mike
> > 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> > 88 Cherokee 235 BFG AT's
> >
> > Jeff Strickland wrote:
> > >
> > > Since when can one deduct the cost of Saturday night pleasures ....
As a small business, you can claim some basic deductions as a flat
rate. If you need to go above that for any reason, you must save all
the receipts.
Mike
Joshua Nelson wrote:
>
> Mike... you are in Canada, correct? This sounds like the US tax
> code. Is Canada's tax system identical? Just curious.
>
> > LOL!
> >
> > That's Soooo easy man!
> >
> > I own a small company, me, myself and I lately are the employees, but
> > have had up to 7 'employees' or sub contractors working at one time in
> > the past.
> >
> > Just make sure you invite someone along to a fancy dinner or party first
> > with a company name in your field behind them. They will bring a
> > partner to as it is a 'business' social event. What you both do later
> > is your own business. ;-)
> >
> > Entertainment deduction!
> >
> > You can even split the check and both or all claim if you need the claim
> > above the basic allowance given each year. Most folks don't pass the
> > basic so just claim the basic with no questions asked.
> >
> > Even taking a client and his wife on a 'business' trip to some exotic
> > local can be a tax write off if you need that kind of drop in income to
> > drop you a tax bracket....
> >
> > That is what good accountants get paid the big bucks for, eh....
> >
> > 'Totally' legit!
> >
> > So if you think about it like any local joke group type, or a 'Newfie'
> > in our case might... well ---- dere b'y... I have a $2000.00 tax write
> > off for 'entertainment' expenses a year on me company dere, lard
> > tunderin jaysus, may as well use er up, keep the receipts and then I can
> > claim above it eh, b'y! ;-)
> >
> > LOL!
> >
> > Mike
> > 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> > 88 Cherokee 235 BFG AT's
> >
> > Jeff Strickland wrote:
> > >
> > > Since when can one deduct the cost of Saturday night pleasures ....
10-01-2003, 12:41 PM
#46
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
Probably, in the thirty eight percentile like Governor Arnie of
Kalyfornia or our own Earle: http://earleh.tripod.com/w2.html
God Bless America, ßill O|||||||O
mailto:-------------------- http://www.----------.com/
Joshua Nelson wrote:
>
> If you can afford a new hummer, I bet you are probably not in the 10
> or 15 percent bracket!
Kalyfornia or our own Earle: http://earleh.tripod.com/w2.html
God Bless America, ßill O|||||||O
mailto:-------------------- http://www.----------.com/
Joshua Nelson wrote:
>
> If you can afford a new hummer, I bet you are probably not in the 10
> or 15 percent bracket!
10-01-2003, 12:41 PM
#47
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
Probably, in the thirty eight percentile like Governor Arnie of
Kalyfornia or our own Earle: http://earleh.tripod.com/w2.html
God Bless America, ßill O|||||||O
mailto:-------------------- http://www.----------.com/
Joshua Nelson wrote:
>
> If you can afford a new hummer, I bet you are probably not in the 10
> or 15 percent bracket!
Kalyfornia or our own Earle: http://earleh.tripod.com/w2.html
God Bless America, ßill O|||||||O
mailto:-------------------- http://www.----------.com/
Joshua Nelson wrote:
>
> If you can afford a new hummer, I bet you are probably not in the 10
> or 15 percent bracket!
10-02-2003, 11:30 AM
#48
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
Wow. I take back what I said about no sane person finding the Brute
within their budget. Looks like Earle could easily order a half dozen
of them.
> Probably, in the thirty eight percentile like Governor Arnie of
> Kalyfornia or our own Earle: http://earleh.tripod.com/w2.html
within their budget. Looks like Earle could easily order a half dozen
of them.
> Probably, in the thirty eight percentile like Governor Arnie of
> Kalyfornia or our own Earle: http://earleh.tripod.com/w2.html
10-02-2003, 11:30 AM
#49
Guest
Posts: n/a
Re: Tax Deduction For Hummer?
Wow. I take back what I said about no sane person finding the Brute
within their budget. Looks like Earle could easily order a half dozen
of them.
> Probably, in the thirty eight percentile like Governor Arnie of
> Kalyfornia or our own Earle: http://earleh.tripod.com/w2.html
within their budget. Looks like Earle could easily order a half dozen
of them.
> Probably, in the thirty eight percentile like Governor Arnie of
> Kalyfornia or our own Earle: http://earleh.tripod.com/w2.html
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