Anyone have any suggestions for a speculative alternative investment expense? Looking to have a large expense to save money from the tax man. Thinking about the company purchasing Rolex’s or art and expensing it under speculative alternative investment. Anyone have any suggestions or experience doing this?
Time to consult with a CPA. If it’s an “investment” it’s not an expense. And none of the things you’ve listed are going to be considered reasonable and necessary (what determines if they’re deductible) expenses for most businesses.