4 ms·
It doesn't make sense in terms of raw profit, I agree. But many expenses are paid pre-tax effectively making them cheaper than if you had paid for them with po
by nightski 7y ago
It doesn't make sense in terms of raw profit, I agree. But many expenses are paid pre-tax effectively making them cheaper than if you had paid for them with post-tax dollars.
- allannienhuis 7y agoaren't all expenses pre (income)tax, by definition?
- nightski 7y agoNot really. A good example is business meals. You can only deduct 50% of a meal with a substantial business purpose.