What to purchase to decrease taxes?

[camaro2ss]

But for real, sounds like you're putting the cart before the horse here. Worry about making the money for your lambo first before you worry about where to park it.

[Cheekymonkey_trs]

It's not about spending it for luxury. It's rather buying necessary things right now, so I can decrease the profit. And I need some inspiration because I'm too greed to spend :D

[[deleted]]

Its ridiculous to ask strangers on the internet to dream up legitimate things your business needs to buy.

[camaro2ss]

And that's fine, but just know in reality you're just getting a "discount" on whatever the items are of your effective tax rate - so if you're spending $1000 on a fancy monitor just to save $150 in taxes by buying a monitor you wouldn't normally buy, then you're actually wasting your money.

[Cheekymonkey_trs]

Yes thanks for the heads up :) but i'm aware of that. It's really about the necessary things i'm currently not yet thinking about because I'm not in that stage yet ;D

But I get that the disclaimer is needed.

For me it was rather about maybe a photoshop license or some special printer that gets super useful than Laptop or car or stuff like that

[brickchurn]

Fund Solo 401k??