I agree that your accountant or tax professional should be able to point you
in the right direction on this. Just as an FYI - I am a MT and I depreciated
my table, washing machine, computer and office furniture. Good luck to you.
BizResearcher | Window Shopper |
1/9/2013 - 11:14 am
Your accountant can help you with this. Depreciation is based on the purchase
date of the equipment; it is not based on a percentage of sales. If you have
not had an accountant assist in setting up your records, you may want to do
so to be certain you are taking all appropriate deductions and accounting for
all income.
JGabriel | Community Moderator |
1/9/2013 - 9:48 am
Try getting in touch with a local Small Business Development Center ,Women’s Business Centers or SCORE, three of SBA's resource partners. They're located across the country and provide free business counseling and answers. Visit our local assistance guide to find your local SBA resource partners by entering your zip code.
IndyMassages | Window Shopper | 4/3/2013 - 3:26 pm
in the right direction on this. Just as an FYI - I am a MT and I depreciated
my table, washing machine, computer and office furniture. Good luck to you.
BizResearcher | Window Shopper | 1/9/2013 - 11:14 am
date of the equipment; it is not based on a percentage of sales. If you have
not had an accountant assist in setting up your records, you may want to do
so to be certain you are taking all appropriate deductions and accounting for
all income.
JGabriel | Community Moderator | 1/9/2013 - 9:48 am
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