Quote:
Originally Posted by sebastian_dangerfield
Take my money all you like, but don't dare make me do administrative work for the state. It's bad enough getting shit together for taxes. I only do that with a smile because the progressive tax system we have favors me with deductions I heartily enjoy. I can't imagine shit I'll get for 1099ing the people at Best Buy for my new laser printer/copier save further validation of my opinion we'd be better off governed by a dartboard of policy choices thrown at by a council of blindfolded drunks.
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This points out the other side of the increased revenue equation that I had failed to think about--elimination of BS business deductions w/o need to audit. If you don't 1099 those ten $1500 "expenses", you can't claim them as business expenses. Also, puts the brakes on BS depreciation, as the actual equipment purchased is identified.
