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Grafton, NY

Mar 27, 2008

Cut your tax bill with write-offs

“There are specific rules for computer software depending on whether it has been developed internally, purchased as part of the hardware, or has a specified life (as) per a license agreement”

Dear FSB: I keep hearing about depreciation. As an IT consultant and single-member LLC, I buy a fair amount of computer hardware and some software, which can lose its value very quickly. via CNN Money

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