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Spivak
17 days ago
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The time bomb in the tax code that's fueling mass ...
The answer is that it's an operational experience when it's a salaried employee and a capital expense when it's a contractor. Like not in a theoretical sense, this is how it's classified right now.
metaphor
17 days ago
[–]
Source?
Consider a contractor in a software maintainer role; accounting for this as capex makes zero sense.
Spivak
17 days ago
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parent
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It's how they're classified at $dayjob. It doesn't matter what they do, it matters that their contract is a fixed expense rather than an ongoing one.
bravesoul2
17 days ago
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root
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That's probably something they are doing wrong then.
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