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There are some exceptions to 179, and even then it’s an election. You have specifically invoke it, It’s not a catch all for oopsies on your taxes. I already ga
by jncfhnb 2y ago
There are some exceptions to 179, and even then it’s an election. You have specifically invoke it,
It’s not a catch all for oopsies on your taxes.
I already gave you an example. Goodwill.
- lazide 2y agoI’m really not sure what you’re trying to say. I never said it was an ‘oopsies’? In fact, I said you needed to decide which option to take. But it’s up to you. And Goodwill is definitely sellable/marketable in most cases, as it includes a number of valuable things like IP, brand value, etc. and typically occurs to track those things when an acquisition happens and someone pays money for them. And it gets concrete dollar amounts. You’re just flailing around, F-. And you definitely need a better accountant.