Smoky?
by HotLine1 - 06/07/23 03:08 PM
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Joined: Dec 2000
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Tax time again.
Thanks to A-line . He is credited with this in depth checklist of writeoffs. He first posted it in 2004(?)
Anything that you can add?
Building Rent/Lease
Dispatcher
Property Taxes
Management Training
Office Training
Tangible Taxes
In-House Training
Building Insurance
Tech Training
Mfg. Training
Telephones
Training Equipment
Vehicle Maintenance
Travel
Utilities
Vehicles
Loans
Subscriptions
Inspections
Liability Insurance
Employee Insurance
Truck Racks
Toll Calls
Bonds
Pagers/Cell Phones
Ladders
Trips to Supply House
Safety Equipment
Radios
Licenses
Computer Maint.
Law Suits
Radio Maintenance
Printing
Software
Office Equipment
Vacation Pay
Copy Machine
Forms
Life Insurance
Holiday Pay
Uniforms
Accounting
Business Insurance
Workers Comp.
Trade Association
Wages
Salaries
Advertising
Tax Preparation
Stationary
Theft
Memberships
Fuel
Interest
Marketing
Pay Roll Taxes
Uncollected Money
Unbillable Hours
Commissions
Call Backs
Unemployment
30+ Day Receivables
Safety Training
Bonuses
Shortages
Equipment
Bad Checks
Inventory
Delivery
Christmas Party
Test Equipment
Dues
Replacement Parts
Parts Storage
Damages
Material Purchases
Tool Replacement
Truck Signs
Warehouse Space
Files
Company Tools
Bank Charges
Building Maintenance
Legal
Computers
Trash Removal
Incentives
Postage
Credit Card Sales
Drug Testing
Office Supplies
Uniform Maintenance
Retirement Plan
Retainers
Grounds Maintenance
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Joined: Nov 2007
Posts: 763
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I wonder if I could write off my golden retriever as a mascot. 
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Joined: Jul 2007
Posts: 85
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That list reminds me of the Seinfeld episode where kramer says to jerry its a write off, and jerry says who writes it off?, kramer says they do.that list leads me to believe that anything a buisness does, which is not a profit is a write off.
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Joined: Jul 2004
Posts: 9,827 Likes: 22
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If you painted a picture of the dog on your truck and used it in an ad it is probably deductible as a marketing expense.
Greg Fretwell
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Joined: Jan 2003
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If you painted a picture of the dog on your truck and used it in an ad it is probably deductible as a marketing expense. Or enrolled the dog. in the guide dog program.
Last edited by LK; 04/06/08 12:07 PM.
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Joined: Jul 2007
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[quote=gfretwell]
Or enrolled the dog. in the guide dog program. Somehow I see an issue for using a guide dog for a tax write off for an electrician. Not for a tax write off itself since it would be claimed to be a tool. I am talking about showing up at the customer's door with guide dog and saying, "Hey, I'm here to root around in your electrical panel".  If you put your dog on the side of you truck, on letter letterhead, business cards, ads. I's say it is a writeoff. I wonder if we can get away with using our kids picture in the same manner and the cost of raising them is cost to maintaining the company image? hmmm.
"Live Awesome!" - Kevin Carosa
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Joined: Jan 2003
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[quote=gfretwell]
Or enrolled the dog. in the guide dog program. Somehow I see an issue for using a guide dog for a tax write off for an electrician. Not for a tax write off itself since it would be claimed to be a tool. I am talking about showing up at the customer's door with guide dog and saying, "Hey, I'm here to root around in your electrical panel". If you put your dog on the side of you truck, on letter letterhead, business cards, ads. I's say it is a writeoff. I wonder if we can get away with using our kids picture in the same manner and the cost of raising them is cost to maintaining the company image? hmmm. If your in business, and enrolled in supporting the raising of a guide dog, it is not only something you can deduct, but an excellant way to help the guide dog foundation continue their great work. And you even get to take care of the dog for a while.
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Joined: Aug 2002
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I wonder if I could write off my golden retriever as a mascot. Guard dog.
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Joined: Sep 2003
Posts: 200
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Expanding on vehicle maintenance... I write off some shop and auto-repair tools.
I do my own repairs. I use the tools only for my work van.
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Joined: Jul 2002
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For those of us living south of the Canadian border, and are subject to paying the IRS, then there are differences between capital expenses and deductible expenses. Some of the items on the A-line list are not actually accepted as deductable expenses by the IRS. Publication 535 from the Internal Revenue Service details what is a deductable expense and what qualifies as a capital expense. I bet the majority of us have CPA's doing our taxes for us, at least I should hope so. And your CPA should know the differences in the two types of deductables.
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