New Couch

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  • dave4him
    Advanced Daycare.com Member
    • Oct 2011
    • 1333

    New Couch

    Can i put our new couch as a income expense for the daycare use since its in the main room where the kids are most of the day? And they do play on it and sit on it a lot!
    "God said, ‘I have found David son of Jesse, a man after my own heart. He will do everything I want him to do.'"
    Acts 13:22
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    couch?

    Originally posted by dave4him
    Can i put our new couch as a income expense for the daycare use since its in the main room where the kids are most of the day? And they do play on it and sit on it a lot!
    You can deduct the couch as an "ordinary and necessary" business expense because you are using it in your business. You can also use the 50% bonus depreciation rule to deduct half the business portion of the couch in 2012. See my article on this:http://www.tomcopelandblog.com/2012/...-its-2012.html
    http://www.tomcopelandblog.com

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