Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Other - Business & Finance

What deductions so you find on a self-employed buissness return that is considered a paper write off?


Is it depletion? or depreciation? or both? or maybe annulization? Thank you for your answers.

depreciation is a non cash outflow expense, but you have to spend money to buy the asset you're depreciating. You are just expensing it over the life of the asset (3 yrs, 5 yrs, etc)
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