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Re: Ascap & Bmi
You're right on Gotrich.
A spot where a lot of the kj's drop the ball is in the area of business expense tax deductions. They use the pc for everything else in the world, but claim 100% deduction on it. You're only allowed to expense or depreciate an item used in business to the extent of the percentage of time that item is used for business.
So the guy that does two four hour shows a week and spends fourty hours a week playing games, surfing, and a host of other non-business related activities should legally expense or depreciate only 20% of the cost of the pc or any replacement hardware.
The spooky part of this is that they are subject to an audit at any time, and are exposed to getting caught.
Much better to have a show dedicated pc that is used for nothing else and has no show related software on it,and gets used for nothing else.
Another benefit of that would be a much cleaner, trouble free running show pc.
George
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