I'm with Travis on this one. Sometimes we take the entire hit at once, other times we spread it out. It kind of depends on what we need for deductions and what the equipment is.
Our accountant has taken a lot of time to learn this industry and is really good. The phone number is 509.982.2922 if anyone is looking for a good one. laters, marlon ----- Original Message ----- From: "RickG" <[email protected]> To: "WISPA General List" <[email protected]> Sent: Thursday, June 03, 2010 11:55 AM 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 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 Johnson <[email protected]> wrote: >> 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 this and want to >>> know what everyone else is doing. The basic question is this: Are you >>> expensing or depreciating the equipment? Equipment being radios (AP & >>> CPE), antennas, switches, firewalls, etc. >>> With the cost of the electronics being so low, its not making much >>> sense to depreciate. Which takes me to a second question: Have any >>> WISPs been audited by the IRS for this reason? >>> >>> Thanks in advance! -RickG >>> >>> >>> -------------------------------------------------------------------------------- >>> WISPA Wants You! Join today! >>> http://signup.wispa.org/ >>> -------------------------------------------------------------------------------- >>> >>> WISPA Wireless List: [email protected] >>> >>> Subscribe/Unsubscribe: >>> http://lists.wispa.org/mailman/listinfo/wireless >>> >>> Archives: http://lists.wispa.org/pipermail/wireless/ >>> >>> >> >> >> -------------------------------------------------------------------------------- >> WISPA Wants You! Join today! >> http://signup.wispa.org/ >> -------------------------------------------------------------------------------- >> >> WISPA Wireless List: [email protected] >> >> Subscribe/Unsubscribe: >> http://lists.wispa.org/mailman/listinfo/wireless >> >> Archives: http://lists.wispa.org/pipermail/wireless/ >> > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > -------------------------------------------------------------------------------- > > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
