Results 1 to 3 of 3
  1. #1
    Join Date
    Aug 2002
    Location
    St. Louis
    Posts
    19

    Come Tax Time...

    I have an LLC registered in Delaware with a server in Pennsylvania, and I live in Missouri.

    I have spent over $2500 this year on necessary business stuff. (Server, etc)

    I have $0 income, no clients.

    Come tax time, will they even care if I'm -$2500 or so?

  2. #2
    Join Date
    Apr 2001
    Location
    Palm Beach, FL
    Posts
    1,095
    Deductions are your friends. Although, if the bulk of that cash went to the server ($2k server or something), be prepared for a hit from depreciation (unless you depreciate it completely up front...). Talk to an accountant.
    Alex Llera
    Professional Server Management
    FreeBSD|Linux|HSphere|Cpanel|Plesk

  3. #3
    Join Date
    Aug 2002
    Location
    St. Louis
    Posts
    19
    Heh, well you see, it's a dedicated server.. I guess it's basically rented.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •