Re: Adobe Releases Lightroom 6.2 & CC 2015.2
Wow..you do need a lesson. If i make $1500 revenue and spend $1500 on capital/3 year amortized sw, i owe taxes on $1000.
If I make $1500 revenue and spend $1500 on expense, i owe nothing.
If your accountant tell you differently, get a different accountant
Batman6794 said:One piece of your post I do disagree with: If you spend 1500 dollars from the business, that is 1500 that is not profit, and therefore not taxed. You should only be paying taxes on profits. If your accountant tells you something different, get another accountant.
Wow..you do need a lesson. If i make $1500 revenue and spend $1500 on capital/3 year amortized sw, i owe taxes on $1000.
If I make $1500 revenue and spend $1500 on expense, i owe nothing.
If your accountant tell you differently, get a different accountant
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