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View Full Version : Do reinvestment in equipment count as an expense away from profits?



nemsauce
04-16-2018, 01:37 PM
Let's say my business is growing, and each month, after bills are paid, I have leftover positive money (profit), if I buy more equipment in the following month, those are expenses and the profit is now used up for the business, and lets say I do this throughout the whole year (and I don't take any of the profits for myself, for example if I can pay my living expenses through other means), then I won't have much net profit by the end of the year, only more equipment, would I not even owe any taxes (because there is no net profit to show for in the year other than new equipment) ?

imaani
05-13-2020, 04:28 AM
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Tirion
05-20-2020, 11:59 AM
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raviseo120
11-04-2020, 11:08 AM
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moverdubai12
11-06-2020, 10:59 PM
If you want your business to keep purring down the freeway, you've got to put more money into it. I personally say 50%. There's no hard and fast rule but reinvesting half of the business income back into the business is a good rule of thumb. It's an easy figure to remember.

jacksonsamy2
11-09-2020, 11:59 PM
Reinvest money in equipment before the end of your corporate fiscal year, or you will have to retain profits on which you will owe corporate taxes. ... If you purchase property and dispose of it in the same year, count the equipment costs as an expense that is fully deductible in a single tax year.

alishbasaki
01-15-2021, 11:02 PM
Reinvest cash in gear before the finish of your corporate financial year, or you should hold benefits on which you will owe corporate expenses. On the off chance that you buy property and discard it in the very year, consider the consequences as a cost that is completely deductible in a solitary assessment year.

lishmaliny
01-20-2021, 08:28 AM
Reinvest money in equipment before the end of your corporate fiscal year, or you will have to retain profits on which you will owe corporate taxes. If you purchase property and dispose of it in the same year, count the equipment costs as an expense that is fully deductible in a single tax year.

raviseo121
01-21-2021, 11:32 AM
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02-28-2021, 07:33 AM
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raviseo121
03-01-2021, 10:56 PM
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lishmaliny
03-10-2021, 07:44 AM
Generally, dividends earned on stocks or mutual funds are taxable for the year in which the dividend is paid to you, even if you reinvest your earnings.

raviseo120
03-11-2021, 12:04 AM
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RaniaRanii3
05-08-2021, 03:34 PM
You've brought in cash and now it's an ideal opportunity to reinvest benefits in your business. little buys like programming to bigger uses like gear and staff. can compute your benefit by taking away costs of doing business.

RaniaRanii3
05-22-2021, 12:05 AM
You've brought in cash and now it's an ideal opportunity to reinvest benefits in your business. little buys like programming to bigger consumptions like hardware and staff. can compute your benefit by deducting costs of doing business from your.

raviseo121
06-28-2021, 12:56 AM
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rattanhospital
07-08-2021, 01:39 PM
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raviseo120
07-09-2021, 05:54 AM
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worldimmi
07-09-2021, 07:04 AM
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homeocareclinics
07-11-2021, 06:29 AM
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07-12-2021, 12:47 PM
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07-12-2021, 02:23 PM
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rattanhospital
07-18-2021, 08:21 AM
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boodysculp
08-03-2021, 06:47 AM
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rattanhospital
08-04-2021, 01:05 AM
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