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#1 |
Senior Member
Join Date: Aug 2002
Location: Gilford, NH
Posts: 635
Thanks: 490
Thanked 194 Times in 101 Posts
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I saw a boat today I have never seen before. I was pretty far away but on the side were graphics that said either "Mi-Box" or "My-Box"....anyone know this boat? I'm just curious as to what kind of boat it was....looked very cool to me.
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#2 | |
Senior Member
Join Date: Apr 2014
Posts: 519
Thanks: 227
Thanked 167 Times in 108 Posts
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![]() Quote:
http://www.winnisquammarine.com/05-2...winnipesaukee/ |
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#3 |
Senior Member
Join Date: Feb 2005
Location: Gilford, NH and Florida
Posts: 2,985
Thanks: 692
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Kind of a stretch to make your boat tax deductible!
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#4 |
Senior Member
Join Date: Jul 2005
Location: Berlin, Ma / Gilford
Posts: 1,934
Thanks: 450
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It's a Crownline ....... we saw it a week or so ago at WAM Sandbar .....
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A bad day on the Big Lake (although I've never had one) - Still beats a day at the office!! |
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#5 |
Senior Member
Join Date: Sep 2008
Location: Meredith Bay & LI, NY
Posts: 3,222
Thanks: 1,219
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Actually it is not a stretch. There is a portion of the cost that is tax deductible for advertising, similar to advertising on a NASCAR or these companies like Red Bull that have cars running around advertising.
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#6 |
Senior Member
Join Date: Jun 2008
Location: Atkinson,NH/Rattlesnake Island
Posts: 164
Thanks: 330
Thanked 67 Times in 28 Posts
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My accountant always advised me that if I played any games with the airplane or the boat, it would be a certain red flag at the IRS, and an audit would follow............No one wants that!!
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#7 |
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Join Date: Sep 2008
Location: Meredith Bay & LI, NY
Posts: 3,222
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I completely and respectfully disagree. I am a CPA, have been for 35 years and advertising is certainly deductible. Certainly not 100% but a portion is deductible and is NOT a red flag and doesnt not trigger an audit as long as the rules are followed.
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#8 |
Member
Join Date: Jun 2010
Location: Moultonborough
Posts: 48
Thanks: 27
Thanked 5 Times in 4 Posts
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Its a Crownline with an advertisement for a storage facility on it.
Don't understand what so nice about it. |
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#9 | |
Senior Member
Join Date: Jan 2005
Location: Florida (Sebring & Keys), Wolfeboro
Posts: 5,935
Thanks: 2,204
Thanked 776 Times in 553 Posts
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![]() Quote:
Too far away to read the name. ![]() Saw it again this afternoon, relieved to see they were bumping a tube in the middle of a bumpy Broads. From up close, the name appears to "Mi Box". Shortly afterwards, bout 5:30, the wind suddenly increased to 25-30 MPH. ![]() ![]() __ As to a tax deduction, 'better take it now, as new Federal rules could make our income taxes "free" of deductions--including such advertising and property tax deductions. (Although smarter folks than me are saying, "It's too early to panic"). ![]()
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#10 |
Senior Member
Join Date: Mar 2015
Posts: 648
Thanks: 316
Thanked 120 Times in 93 Posts
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Has anyone seen a Hey day? It's a new style wake boat I saw at a boat show. Very boxy and chunky look. I thought that was what the op saw till I remembered the name.
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