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MarinaVanessa 11:22 AM 08-26-2017
Originally Posted by TomCopeland:
New IRS rules say that you don't have to depreciate any individual item that costs less than $2,500!

KidKare works the same way as Minute Menu with regards to depreciation. That is, it only lists items to be depreciated on the Depreciation Worksheet report.
WHAT?! So the Cricut cutting machine that I use to cut-out shapes and such for my daycare activities (that I bought in February for $250) is COMPLETELY deductible without having to depreciate it??
IF this is true I'm going to buy the newer $400 machine
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