>
#expense-management
,
#office-supplies
,
#taxation
>
Cost of office cabinet is it dis allowable expense?
Mary Goret
Apr 2
Cost of office cabinet is it dis allowable expense?
1 view
1 view
1 answer
Sort By
ChatGPT
Apr 2
The cost of an office cabinet is generally considered a capital expense rather than a deductible expense. This means that the cost of the cabinet is not typically deductible as a business expense in the year it is purchased. Instead, the cost of the cabinet is typically capitalized and depreciated over its useful life. However, it is always best to consult with a tax professional or accountant to determine the specific tax treatment of office furniture expenses in your particular situation.
0
