Old 04-22-14 | 09:25 AM
  #62  
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Worknomore
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Joined: Dec 2011
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From: SE Michigan

Bikes: Serotta CRL, Litespeed Blue Ridge, Bacchetta Ti Aero, Cannondale delta V, 67 Schwinn Sting Ray stick shift.

Originally Posted by rydabent
Anything they spend can be deducted from income tax.
No, deducted from taxable income, saving some tax, not the entire expense. And assuming they actually are generating a profit.
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