Charles Davis wrote: > > On Dec 18, 2008, at 10:36 PM, James E. Therrault wrote: > > >>John Callahan wrote: >> >>>>Profit margins include all expenses. >>>> >>>>JT >>>> >>> >>> >>>Would someone make note of the fact that operating costs which >>>include R&D are deductibles when it comes to State and Federal taxes? >>> >> >> >> >> >> >>Uh, expenses is expenses - - - Tax deductible. >> >>JT >> >> > > Yeah!! Yeah!! I know what you mean, but it buggs me to hear "Tax > deductable", when in fact "It's an INCOME deduction" when calculating > tax liability. > > Say what you mean, and Mean what you say. And don't let the mentally > lazy determine how things are said. > > Chuck D. >
Playing with words... You must have bureaucratic blooc properties.. JT --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed Low End Mac's G3-5 List, a group for those using G3, G4, and G5 desktop Macs - with a particular focus on Power Macs. The list FAQ is at http://lowendmac.com/lists/g-list.shtml and our netiquette guide is at http://www.lowendmac.com/lists/netiquette.shtml To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/g3-5-list?hl=en Low End Mac RSS feed at feed://lowendmac.com/feed.xml -~----------~----~----~----~------~----~------~--~---
