For LLC/small business owners, the end of the calendar year means you only have a week to purchase office supplies and other work expenses that can be written-off on your next tax return. From Wikipedia:
In income tax calculation, a write-off is the itemized deduction of an item’s value from a person’s taxable income. Thus, if a person in the United States has a taxable income of $50,000 per year, a $100 telephone for business use would lower the taxable income to $49,900. If that person is in a 25% tax bracket, the tax due would be lowered by $25. Thus the net cost of the telephone is $75 instead of $100.
That’s why we’re officially inventing Write-Off Week™ at 9to5Toys, one place to find the best deals on tech, office supplies, travel gear, and everything else you’ll need to keep your small – large business running over the next year.
If you’ve been considering new office chairs or desks, need to stock up on supplies, or perhaps want to deck out the office with the latest automation tech for the new year, we’ll be tracking the best products at the best prices until New Years Eve. Below we kick things off with a few picks to get you started… expand full story