Another One Goes Subscription Only

Discussion in 'Articles of Interest' started by smoke665, Aug 13, 2019.

  1. smoke665

    smoke665 TPF Supporters Supporting Member

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  2. Derrel

    Derrel Mr. Rain Cloud

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    Thank God I have no need for this program. I bought it back in 98 as a standalone and was not really in much need of it.
     
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  3. smoke665

    smoke665 TPF Supporters Supporting Member

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    I use Excell and Word daily, so for me it's a necessity. My personal accounting software went to a subscription model last year, business accounting software might as well be as they stop supporting versions after three years. When they stop support you lose the ability to direct connect with financial institutions and brokerage firms.
     
  4. 480sparky

    480sparky Chief Free Electron Relocator Supporting Member

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    I'm a dinosaur. I have Office 2003. Still vital to me, and still fully functional.
     
  5. smoke665

    smoke665 TPF Supporters Supporting Member

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    Software purchase qualifies under section 179 for 100% deduction as an expense in 2019, subject to certain caps, that most small businesses won't reach. Monthly subscription costs for software are generally also deductible.

    However it is still a cost, you don't get a dollar for dollar credit against any tax you owe. It is an expense that reduces your taxable income. The amount you save on your taxes is dependent on your your tax rate.
     
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  6. vintagesnaps

    vintagesnaps Been spending a lot of time on here!

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    I thought you were retired...?

    One more thing I don't use and don't need. I can always do a letter and email it or could do it on a typewriter (which I've thought about getting) and scan it in. My taxes are only my retirement so easy peasy to do taxes! lol I suppose if you had your own business or contracted work then it would be a lot more to keep track of.
     
  7. petrochemist

    petrochemist TPF junkie!

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    Exactly the same situation for me at home except I do have to use word regularly - one contact insists on sending e-mails as word attachments, even though his messages are just text.:angry:
    I use Excel quite a bit more, mainly at work but it's nice to be able to read my 'photographic resources' spreadsheet at home as well :)
     
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  8. smoke665

    smoke665 TPF Supporters Supporting Member

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    Retired from active day to day, but still have business interests, investments, and remain an active investor in the market. Which is why it's important to have internet connectivity to automate the exchange of information. Having to manually enter everything, pay bills, etc., would make it a day to day job for me instead a few mins.
     
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  9. SquarePeg

    SquarePeg hear me roar Staff Member Supporting Member

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    I thought my Office 2007 was prehistoric but you win!
     
  10. 480sparky

    480sparky Chief Free Electron Relocator Supporting Member

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    When God said, 'Let there be light!', he turned on a switch I wired for him. I also wired the factory he used to make dirt with.
     
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  11. Scott Whaley

    Scott Whaley No longer a newbie, moving up!

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    I use Word, Excel, Access, and PowerPoint regularly. I hate the thought of an annual subscription.
     
  12. CherylL

    CherylL TPF Supporters Supporting Member

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    When I had my computer built I didn't want to buy the Microsoft Office package. I am using Word Starter. No need for Excel.
     
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