My Own Political Party

Tired of the two party system? I decided to start my own political party!

December 15, 2010

Furniture is Not A Write Off

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We will try anything to get a tax write off. But you need to be very careful. I recently had a discussion with someone who wanted to write off the new modern sofa they bought for their house. I explained that this was NOT a write off. However, they could write off the fair value of their old sofa if they chose to donate the sofa to charity.

Always check with a certified public accountant or tax specialist before writing anything off on your taxes!

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