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07-09-2017, 06:40 PM | #1 |
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Mi-Box (Maybe My-box)
I saw a boat today I have never seen before. I was pretty far away but on the side were graphics that said either "Mi-Box" or "My-Box"....anyone know this boat? I'm just curious as to what kind of boat it was....looked very cool to me.
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07-09-2017, 07:59 PM | #2 | |
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I saw it online...
Quote:
http://www.winnisquammarine.com/05-2...winnipesaukee/ |
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07-09-2017, 08:44 PM | #3 |
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Kind of a stretch to make your boat tax deductible!
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07-10-2017, 06:07 AM | #4 |
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It's a Crownline ....... we saw it a week or so ago at WAM Sandbar .....
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07-10-2017, 06:17 AM | #5 |
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Its a Crownline with an advertisement for a storage facility on it.
Don't understand what so nice about it. |
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07-10-2017, 06:21 AM | #6 |
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Not Really a Stretch
Actually it is not a stretch. There is a portion of the cost that is tax deductible for advertising, similar to advertising on a NASCAR or these companies like Red Bull that have cars running around advertising.
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07-10-2017, 09:37 AM | #7 |
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Audit!
My accountant always advised me that if I played any games with the airplane or the boat, it would be a certain red flag at the IRS, and an audit would follow............No one wants that!!
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07-10-2017, 10:35 AM | #8 |
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Respectfully Disagree
I completely and respectfully disagree. I am a CPA, have been for 35 years and advertising is certainly deductible. Certainly not 100% but a portion is deductible and is NOT a red flag and doesnt not trigger an audit as long as the rules are followed.
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07-21-2017, 05:59 PM | #9 | |
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"Negative" Advertising?
Quote:
Too far away to read the name. Saw it again this afternoon, relieved to see they were bumping a tube in the middle of a bumpy Broads. From up close, the name appears to "Mi Box". Shortly afterwards, bout 5:30, the wind suddenly increased to 25-30 MPH. Having trouble keeping control in a very strong wind- and wake- "churn", and hoping nobody's tubing back home, what should appear in Winter Harbor, but "Mi Box". __ As to a tax deduction, 'better take it now, as new Federal rules could make our income taxes "free" of deductions--including such advertising and property tax deductions. (Although smarter folks than me are saying, "It's too early to panic").
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07-22-2017, 04:13 PM | #10 |
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Has anyone seen a Hey day? It's a new style wake boat I saw at a boat show. Very boxy and chunky look. I thought that was what the op saw till I remembered the name.
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