RE: OT -- training

I've heard from my tax adviser your business doesn't have to show any profit for number of years after opening. I suspect even then it is not required. What if you having hard time making profit? It doesn't mean you have to close your business...I assume in that case you can also register as a non-profit organization. Are tax breaks better for non-profits? I don't know..
Also, if you don't already know.. some training companies (Learning Tree International per example) won't even register you for class if you're an individual. You have to be a corporation. Lyuda

-----Original Message-----
Sent: Monday, August 13, 2001 3:42 PM
To: Multiple recipients of list ORACLE-L

You could create a web site that features some technical materials and use it to advertise your services if you are willing to moonlight on a few jobs, just enough to turn a profit within a couple years. Then I would presume you would have no trouble writing the training off as a legitimate biz expense.

• Ethan
• http://www.geocities.com/epost1

>-----Original Message-----
>From: Ron Rogers [mailto:RROGERS_at_galottery.org]
>Sent: Monday, August 13, 2001 11:42 AM
>To: Multiple recipients of list ORACLE-L
>Subject: Re: OT -- training
>
>
>Patrice,
> There is "resistance" to any training that I feel is
>necessary to further my knowledge and/or enhance my
>understanding of the Oracle processes. Even though I have
>money in the budget for such items I have to submit a business
>case defining the gains to the company and after completing
>the course with a passing grade the company will reimburse me
>the expenses for the course only. I also have to sign a waver
>that I will pay the company back the full cost of the course
>if I leave their employment before 365 days. Needless to say I
>pay for everything myself and hope to write it off on taxes if
>they ever get the bill signed into law.
>ROR mª¿ªm
>
>>>> BoivinP_at_mar.dfo-mpo.gc.ca 08/13/01 11:46AM >>>
>Just out of curiosity, how many days / weeks of real training did your
>employer provide you with in the last couple of years?
>
>"real" is in quotes, I don't mean the little 1 - 3 day
>seminars given by
>CareerTrack and other "training" companies, or
>management-related stuff like
>little MBA-flavoured certificates from universities.
>
>Oh, and did the amount of training you received match what you
>were told
>during your job interview?
>
>Regards,
>Patrice Boivin
>Systems Analyst (Oracle Certified DBA)
>
>Systems Admin & Operations | Admin. et Exploit. des systèmes
>Technology Services | Services technologiques
>Informatics Branch | Direction de l'informatique
>Maritimes Region, DFO | Région des Maritimes, MPO
>
>E-Mail: boivinp_at_mar.dfo-mpo.gc.ca <mailto:boivinp_at_mar.dfo-mpo.gc.ca>
>
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>Please see the official ORACLE-L FAQ: http://www.orafaq.com
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>Author: Boivin, Patrice J
> INET: BoivinP_at_mar.dfo-mpo.gc.ca
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