Google Answers: using contractors to save money

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Q: using contractors to save money ( No Answer, 1 Comment )

Question

Subject: using contractors to save money
Category: Business and Money
Asked by: m_lawhorn-ga
List Price: $2.00

Posted: 02 Jun 2006 20:21 PDT
Expires: 02 Jul 2006 20:21 PDT
Question ID: 734911

if a business uses contractors can they write everything off? If not
how much percentage wise.

Answer

There is no answer at this time.

Comments

Subject: Re: using contractors to save money
From: gregbillingsly-ga on 04 Jun 2006 08:33 PDT

It depends what you mean by "write everything off".  What are you
specifically wanting to find out?

If a business hires contractors to perform projects on it's behalf for
legitimate business goals, then the amounts paid to the contractors
are actual business expenses.

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