@CryptoTaxGirl GM. Quick question on expensing Strong Node creation. Can you deduct 100% of the node cost upfront, or do you need to depreciate it over 15 years? What is justification? Appreciate the help!
@drunkin_monkey_ @RsrErnie @Strongblock_io Do you need to depreciate the expense, or deduct it all at once? How is that decision justified? Thanks for the help!
@RsrErnie @Strongblock_io How are you classifying the initial expense? My CPA is telling me it needs to be depreciated over 15 years...I was hoping to deduct 100% of the cost all at once.