Tools of Trade - Furniture
I am a sole proprietor for a publishing business... the only 5 things I ABSOLUTELY need to operate my business are my two computers and the graphics software, my desk/chair, phone and vehicle.... when i'm not out selling advertising, I'm at my home office doing sales over the phone or doing the graphics design/layout on the computer... can my desk/chair be included in the exemptions under tools of the trade as I need them to run my business... those are the only things i'm worried about as both the desk and chair are together worth about $2000 and would send my household items over the exemption limit.
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Did your business purchase these items and you have a receipt showing that or did you personally purchase these items and put them in your home office? There is your answer._________________________________________
Filed 5 Year Chapter 13: April 2002
Early Buy-Out: April 2006
Discharge: August 2006
"A credit card is a snake in your pocket" -
If you think a desk and chair are worth $2000, you need to go to a few garage sales and compare prices.All information contained in this post is for informational and amusement purposes only.
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