Question by Manoj: Can a bar owner get a tax break if there is an automated attendance tracking system?
I heard this somewhere and would like to know if it’s true or not.
Normally, bar owners have an employee stand at the door and count how many people enter/exit the establishment (usually using some kind of manual counter or ticker).
If a bar owner installs some kind of automated system can he/she get a tax break??
I realize this is a very specific question – hopefully somebody can verify. Thanks!
Answer by Queen of the Universe
Anything your purchase for the operation of your business is tax deductible. This would be under equipment bought for the operation of your business. You take the invoice along with your other equipment and supplies to the tax preparer if using one. The attendance tracker will depreciate in value normally as your other equipment does.
What do you think? Answer below!