4 ms·

Why is it reasonable? People are investing money into a business that they hope will be worth money in the future. Upfront losses are just part of that investm

• sokoloff 6y ago
  If something is tax-deductible if it happened in the same year, but not tax-deductible if it happened in a different year, you end up with a very uneven system (and a lot of pointless gyrations designed to turn one into having the structure of the other). For your personal situation, it is not surprising that there is IRS guidance on the topic of education and tax deductibility. The rules have changed several times in the last few decades, but some is deductible: https://www.irs.gov/credits-deductions/individuals/qualified-ed-expenses https://www.irs.gov/credits-deductions/individuals/qualified... https://smallbusiness.chron.com/training-costs-tax-deductible-43461.html https://smallbusiness.chron.com/training-costs-tax-deductibl...
  • toss1 6y ago
    Of course having tax laws that account for events crossing time periods is reasonable. You still haven't explained how it is unreasonable to require companies to either 1) commensurately reduce their publicly reported profits or 2) pay the tax on the publicly reported profits if they want the public/market image of higher profits.
    • sokoloff 6y ago
      See https://news.ycombinator.com/item?id=26778946 https://news.ycombinator.com/item?id=26778946