Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 11-18-2016, 12:43 PM
Junior Member
 
Join Date: Nov 2016
Posts: 1
Deductible Business Expense/Depreciation

If I purchase a computer, hardware, etc., to be used by my business, an LLC, may I deduct the full expense/depreciated value in Year 1? Furthermore, would I still be able to deduct the full expense/depreciated value even if the purchase is financed over 18 months?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Carry forward of unused depreciation expense Janis Rental Real-Estate 1 04-08-2014 08:48 PM
C-Corp deductible interest expense. AnnieB C-Corporation 0 03-06-2013 04:19 PM
Is Officer Life insurance deductible expense on a corporation tax return? Sabby C-Corporation 6 04-12-2011 04:59 PM
Question related to home office expense and depreciation and energy credit jbiniowa Sole-Proprietorship 0 02-20-2010 07:13 PM
Entire CPA fee deductible business expense for amended return? ripples Sole-Proprietorship 4 02-24-2008 10:44 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.