Friday, November 11, 2011

When filing taxes, is there a business expense deduction limit?

For example, towards the end of the year i estimate that my small business (LLC) I will owe $6,000 in taxes. If I then purchase a new computer ($4,000) and purchase more advertising ($2,000)....Will this mean, more or less, that i will not owe the government any money the following year?

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