Massage Equipment
Massage Equipment
massage equipment something picuses?
massage equipment
http://www.ultimatebackstore.com also look here http://www.vitalityweb.com/backstore/HandHeldindex.html The THERAPISTSELECT PROGRAMMABLE Percussion Massager is really nice too I have one of them as well.
Massage Equipment
Do I qualify to file Schedule C this year?
I just graduated from Massage School and have spent nearly $1500 in supplies and equipment (start up costs) in 2006. I passed my national exam the 6th of January and am still waiting for my actual license. My question is – can I file schedule C in 2006 or do I lose all of the start up expenses that I have already spent?
You will not LOSE your expenses but must wait to use them AFTER you start your business. The equipment you purchase can be depreciated BEGINNING in the year you place it in service.
In other words, if you start your business February 15, 2007, (remember the date you start the business – you will need it later for many reasons) then the date you place the equipment that you have already purchased in service will be the day inwhich depreciation begins.
FOR NEW EQUIPMENT AFTER BUSINESS BEGINS:
Ex: You purchase a Massage Table March 3, 2007 for 2000.00.
When you file your 2007 taxes, you will “depreciate” the massage table using 03/03/2007 as date placed in service until the end of the year or you may “write off” the entire $2000.00 for tax year 2007 through Section 179 depreciation.
Make sure you keep receipts for all purchases in case you are audited.
Part 1 of 2 Carole Osborne: How to address Peri-Partum Pelvic Pain using Oakworks massage equipment