Vehicles Equal Moving Deductions for Mining Operations
August 2019 by Mark E. Battersby
Knowing how and when to deduct the cost and expenses of the vehicles used in the prospecting or mining operation can have significant tax implications.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
Quite suddenly, another major financial issue with significant implications for the world of precious metals has been gaining growing attention. We are referring to concern about looming “currency wars,” and we also discuss that topic...
This general time frame appears to be a particularly important juncture in the precious metals markets and, therefore, we should present clearly understandable reasons why our opinion leans heavily toward continuation of the precious metals bull market...
When one of the major currencies in the world begins to decline steadily, based on monetary history we would expect a bias toward positive movements in the precious metals.
The Bawl Mill • Our Readers Say • Ask The Experts - What is a 'wissbanger'? • Legislative and Regulatory Update • Papa's Got A Brand New Dredge! • Selecting A Low-Risk Region To Explore, Mine or Invest • Resurrecting An Old Hard Rock Mine--The Saga Continues • Research Tools for The Modern Prospector • Silver Peak, Nevada: A Little of Everything • Vindication for Montana Veteran Joe Robertson • Green Returns And Opportunity Is Almost Gone • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices