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Updated almost 6 years ago,
Two quotes for one job; Maximize expense for taxes or pay less?
Let's say you have an expense that is a repair. You have two different quotes for two variations of the repair job. For context, your cash flow/income is small. One quote costs more than the other. Is it better to maximize the amount as a business expense to claim on taxes? Or is it better to consider your tight cash flow and choose the lesser option?