Thanks again for all the replies! Since I didnt get anyone telling me
NOT to expense the equipment I'm assuming there is no issue with that.
On Fri, Jun 4, 2010 at 1:32 AM, Scottie Arnett sarn...@info-ed.com wrote:
As a PC auditor for a rather large customer, this customer is doing over
$10
is 509.982.2922 if anyone is looking for a good one.
laters,
marlon
- Original Message -
From: RickG rgunder...@gmail.com
To: WISPA General List wireless@wispa.org
Sent: Thursday, June 03, 2010 11:55 AM
Subject: Re: [WISPA] taxes
Travis, thanks for your input. I'm really looking for feedback
This is a personal, business choice. There is no set answer. Some of our
equipment we expense and some we depreciate. It all depends on what tax
breaks you need now vs. later.
Travis
Microserv
RickG wrote:
Everyone's favorite subject :)
I'm getting mixed information form my accountants on
Travis, thanks for your input. I'm really looking for feedback as to
what our industry's standard is. I submit that the IRS does not look
at it as a personal, business choice. I'd rather do it correctly now
than find out from the IRS I'm doing it wrong.
On Thu, Jun 3, 2010 at 12:44 PM, Travis
I am not sure what exactly you are concerned about
What Travis shared with you is accurate
As a business owner, the tax law allows you the choice.IRS does not
dictate one or the otherif done correctly both are within the scope
of the Law
Regards
Faisal Imtiaz
Snappy
your tax liability.
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of RickG
Sent: Thursday, June 03, 2010 1:55 PM
To: WISPA General List
Subject: Re: [WISPA] taxes
Travis, thanks for your input. I'm really looking for feedback
Most companies have a mix. We lease some equipment. This allows for
a monthly right off at 100% of your monthly payment. Long term
investment items like Vehicles, Towers, Property get depreciated. The
length of the depreciation depends on the type of asset. Property /
Buildings fall under
Listen, I'm not trying to be argumentative about this. I've always
believed as Travis that it is your choice. But, the feedback I'm
getting are that things are changing VERY QUICKLY with respect to how
the IRS is viewing issues such as this since our government is in
desperate need for more
: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of RickG
Sent: Thursday, June 03, 2010 1:55 PM
To: WISPA General List
Subject: Re: [WISPA] taxes
Travis, thanks for your input. I'm really looking for feedback as to
what our industry's standard is. I submit that the IRS does
What are you doing with CPE?
On Thu, Jun 3, 2010 at 3:25 PM, Marco Coelho coelh...@gmail.com wrote:
Most companies have a mix. We lease some equipment. This allows for
a monthly right off at 100% of your monthly payment. Long term
investment items like Vehicles, Towers, Property get
Of RickG
Sent: Thursday, June 03, 2010 3:52 PM
To: fai...@snappydsl.net; WISPA General List
Subject: Re: [WISPA] taxes
Listen, I'm not trying to be argumentative about this. I've always
believed as Travis that it is your choice. But, the feedback I'm
getting are that things are changing VERY
My accountant says expense it all... but I'm small enough I have that much
discretionary expense allowance.
++
Neofast, Inc, Making internet easy
541-969-8200 509-386-4589
++
--
From:
I figured there was some thing behind your question.. I know , below you
are conveying what a CPA is telling you... but I think there is some
context missing here
I am not a CPA, so I am also going to using some simple language to put
some context arround this..
Most of us who are replying
Size matters :)
On Thu, Jun 3, 2010 at 6:24 PM, MDK rea...@muddyfrogwater.us wrote:
My accountant says expense it all... but I'm small enough I have that much
discretionary expense allowance.
++
Neofast, Inc, Making internet easy
541-969-8200 509-386-4589
AFAIK, our business is very typical for a small WISP. Some further
background: For the past few years, I've had a good friend do our
taxes. He is a Comptroller for a large company and has become too busy
to continue. Hence, the reason for my new concerns in my search for a
good CPA. Apparently,
Oh, another surprise viewpoint from the latest CPA - He says we should
depreciate the installation labor! Maybe I need to look for a CPA in
another city!
On Thu, Jun 3, 2010 at 6:24 PM, MDK rea...@muddyfrogwater.us wrote:
My accountant says expense it all... but I'm small enough I have that
As a PC auditor for a rather large customer, this customer is doing over
$10 million in revenue per year, their PAID accountants recommend that
anything less than a $1,000 be expenses and anything over be depreciated.
Their accountants are from a VERY large accountant firm, but anyways, you
can
Depends upon the state in which services are rendered.
C
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Mike Hammett
Sent: Tuesday, September 30, 2008 10:49 AM
To: WISPA List
Subject: [WISPA] Taxes
Are wireless Internet or VoIP services taxable?
Any Internet except for a few grandfathered states is tax except by
Federal law.
Phone services are taxed to the end of the world, USF, State, Federal
etc. this includes VOIP.
Disclaimer, I am not a tax attorney nor do I play one on the boob tube
or even youtube.
Anthony Will
Broadband Corp.
Of Anthony Will
Sent: Tuesday, September 30, 2008 10:02 AM
To: WISPA General List
Subject: Re: [WISPA] Taxes
Any Internet except for a few grandfathered states is tax except by
Federal law.
Phone services are taxed to the end of the world, USF, State, Federal
etc. this includes VOIP
General List'
Subject: Re: [WISPA] Taxes
Well I was told by the Indiana state tax department that all communications
including internet access should be charged sales tax. Although I don't know
anyone here doing that.
John Buwa
Michiana Wireless
-Original Message-
From: [EMAIL PROTECTED
Mike: You will be responsible for collecting and remitting USF charges to
USAC. Your VoIP service provider may do it for you, but you will still have
to register, obtain an ID number, and submit the differential of retail
versus wholesale USF fees owed on voice services.
FET tax does not
to such person),
you should destroy this message and notify the sender by reply email.
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of [EMAIL PROTECTED]
Sent: Tuesday, September 30, 2008 11:24 AM
To: 'WISPA General List'
Subject: Re: [WISPA] Taxes
Well
I would like to state that the State of Illinois has informed me that
wireless Internet service is not taxable... well as a sale. Income tax is
income tax, regardless of what it is.
VoIP is subject to the Telecommunications Excise tax, which varies depending
on municipality or county if
.
--
Mike Hammett
Intelligent Computing Solutions
http://www.ics-il.com
--
From: Ron Harden [EMAIL PROTECTED]
Sent: Tuesday, September 30, 2008 5:35 PM
To: 'WISPA General List' wireless@wispa.org
Subject: Re: [WISPA] Taxes
Mike: USF
Don't really think this list is the place for that debate.
Brian Rohrbacher wrote:
Goverment should lower taxes. They would have more money.
Peter R. wrote:
Certainly, none of you should be surprised by this.
He has to make up for a $1T short-fall at the same time Congress is
trying
I could not say it any better. You know what they say about what is
suredeath and taxes.
Scriv
Peter R. wrote:
Certainly, none of you should be surprised by this.
He has to make up for a $1T short-fall at the same time Congress is
trying to repeal the 3% Excise tax levied in the 1800s.
- Original Message -
From: Peter R. [EMAIL PROTECTED]
To: WISPA General List wireless@wispa.org
Sent: Tuesday, February 07, 2006 6:01 AM
Subject: [WISPA] taxes
Certainly, none of you should be surprised by this.
He has to make up for a $1T short-fall at the same time Congress is
Here is a novel idea, how about those that benefit from this list,
digging into their pockets and paying their WISPA dues? I am not even a
WISP yet, and have paid and receive benefits.
John Thomas
Clare Computer Solutions
Peter R. wrote:
Let me just add some ideas:
1) Follow what the DBS
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