UCLA's M&A Program =Tax Deductable

Hello again: UCLA / Anderson School of Management is offering a Mergers and Acquisitions program for one week offered from 3/21-3/26 or 9/19-9/24 2004

This is a live in program that is led by M&A Guru Professor Fred Weston. In one week you will acquire valuation tools that you can apply immediately.

The cost is $5700. But if you have your own business you may be able to deduct all expenses including Tuition, Travel, Meals, and Lodging.
This is an excellent way to offset business losses,as well as receive certification and credits from UCLA.

Voice 1-310-825-2001 www.execed.anderson.ucla.edu

 

How does one offset business losses by creating more expenses?

 

Kinda poor language

David,

This is just a poor example of someone trying to explain that, if you own your own business, attendance may be virtually free as it can be written off entirely for tax purposes. The offset idea comes in if you have losses that cannot be written off (as some are not) and is really misleading. One really has nothing to do with the other. In my opinion, it's like saying "Take this, it's virtually free with the right tax approach, it'll make you feel better if you have losses you can't deduct fully because it's money you spend on yourself without tax consequences.

Pretty poor writing, I agree.

 

What does this have to do with distance learning?

 

As I explain repeatedly to clients. You can pay 100% of the money as a useless expense, pay 18 % tax on the money and leave it in the corporation or take it out and pay 40 % tax on it personally. If they are looking for deductions, I then offer to add $10,000 to my fee. No-one has taken up my offer.

Expenses should be made for good business reasons only.

 

Yeah, but Dennis...

What if they want to offset 10,000 in losses...by paying you 10,000 more.

LMAO.

I agree with you wholeheartedly. I wish we could see an end to the 'Spend your money because it's tax-deductible!!!' style campaigns. At best, they're weak selling points, and, at worst, they strike me as giving potentially wrong, tax advice.

 

I need to offset several thousand dollars....... Oh, sorry. I thought this was the Wall Street Journal Website.

Still confused about this thread