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I subscribe to 3 sailing publications, one general boating publication
("Soundings") and being a member of Boat/US also receive their publications and don't recall reading of any changes in the tax laws regarding boat ownership. There may be changes in the tax laws involved if you own a charter boat and run it as a business, but I find it hard to believe that I've read nothing about that in any of those publications. I would ask a tax specialist. John Cairns "Jenny MacLeod" wrote in message .. . Hello, This is my first posting, and I'm not too savvy, so please excuse me if I ask a stupid question. One of the guys I dock near said he read that there are some new laws this year that make it possible for sailors to deduct a lot of equipment from their taxes. Is this true? Where can I find out more about this? That would be great, since I purchased my first boat this year. I'm getting all of my paperwork together in preparation for filing on the first day possible, which, according to the TaxBrain site, is Jan. 16, just a week away. Yours truly, Jenny Mac |