Deductable Expense?
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Deductable Expense? Our club is considering purchasing a laptop computer for our trading partners to utilize for club transactions. The use of the laptop will be at least 50% club business and more likely in the 90% range. I understand there is a category for Software Expense in Bivio, but I did not see anything equipment related. Does anyone have an opinion on the possibility of deducting the cost of the laptop or maybe depreciation over time. I understand this would only be an opinion and not legal advice, but an opinion would help me decide if I would like to pursue this approach. Thanks in advance for any advice. |
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