Quote:
Originally Posted by AR_Six
Forget those, how about the "I have a business and get to deduct my business expenses from business income" deductions?
Also who gets to decide what are "bad" deductions?
|
So I buy a server for $4000 to install for a client.
I charge them $20,000 in total, and I should be paying taxes on the whole $20,000 and not just on the $16,000 I actually earned after paying for my expenses (the server)?