User talk:Marksmathers
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like office overhead and production company personnel salaries
HI Mark,
Was just looking at an old post...and would appreciate your insight.
Was the office overhead and production company personnel allowed or disallowed under
Section 181? I came across this somewhere.
I wonder what happens if you can't Section 181 it....do you make an ordinary deduction?
or do you capitalize under 263.
I'm doing a small film , 1 million budget, the producer's are my clients...they are
out there on the site location making hte movie and they have no employees....so I don't think I have any office overhead etc...to take....but was
wondering is there anything else one can't take as SEction 181.....like the bookkeeper's fee...? and if I can't take under sectino 181...what do i do with it?
Thanks and regards, Ira


