Tax Code 101

Here’s a simple way of thinking about taxes and tax code.
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There must be a rule that says you can or can’t do something, that’s number 1.
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Then there is almost ALWAYS an exception to the rule.
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And there is Usually an exception to the exception, to the exception.
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If you can find a code section to support your tax deduction, then awesome. Write that bad boy off, however if you think you can take the deduction because “my friend said his accountant did it” then you’re asking for trouble.
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Now you know, and that’s HUGE! 🔥🔥🔥🔥