Well, yes, but not by deducting discount amounts from the expense side of the equation, but by not paying tax on the amounts that are missing from the income side. That is, you don't give your accountant a list of "imagined" income, and then a list of the amounts that you discounted from that fictitious list, you just give the already discounted total. Scott Jackson ________________________________ > Date: Thu, 28 Feb 2008 06:07:33 -0800 > From: toddpianoworks at yahoo.com > Subject: Re: School Contracts > To: pianotech at ptg.org > > Are you also able to use any discounts you give for the year and right them off your taxes? _________________________________________________________________ New music from the Rogue Traders - listen now! http://ninemsn.com.au/share/redir/adTrack.asp?mode=click&clientID=832&referral=hotmailtaglineOct07&URL=http://music.ninemsn.com.au/roguetraders
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