Friday, September 09, 2005
Pow! Crash!! Cash???
Sometimes bad things turn out good.
I came upon someone's posting about hitting a deer with her car while returning home from a direct sales party and sustaining pretty good damage to its front end.
Her first reaction was to bemoan the fact that the profits of a good evening's work would end up sunk into the cost of repairs.
Weeelllll, maybe...
The good news here (besides the fact that neither she nor her daughter were hurt)is that the accident is a legitimate home business tax deduction!
Because she was still in the course of business (returning from a business function)when it happened, she can deduct the cost of the repairs because they were inflicted while the car was being used for business.
Which is, of course, both fortunate and waaaaaay cool...
I guess I should go tell her about this.
I came upon someone's posting about hitting a deer with her car while returning home from a direct sales party and sustaining pretty good damage to its front end.
Her first reaction was to bemoan the fact that the profits of a good evening's work would end up sunk into the cost of repairs.
Weeelllll, maybe...
The good news here (besides the fact that neither she nor her daughter were hurt)is that the accident is a legitimate home business tax deduction!
Because she was still in the course of business (returning from a business function)when it happened, she can deduct the cost of the repairs because they were inflicted while the car was being used for business.
Which is, of course, both fortunate and waaaaaay cool...
I guess I should go tell her about this.
# posted by Dan Reinhold @ 8:20 AM 
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Hi Dan,
I just subscribed to your newsletter and received this.I thought you'd like to know.
Thanks also for visiting my blog.
Marie
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I just subscribed to your newsletter and received this.I thought you'd like to know.
Thanks also for visiting my blog.
Marie
An Error Occurred
Notice: Your form submission was successful but the website owner from the previous page did not provide a valid redirect ("Thank You") page. The URL provided, ("") does not follow proper web standard formats. You may wish to notify that website owner by pushing the "back" button on your web browser.
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