In today’s digital age, there are computers, tablets, smartphones, and every other piece of technology out there around us every day. While many entrepreneurs find using their personal computers for work purposes to be effective, there are many reasons to maintain a separate machine for your personal doings and your small business activities. Bert Seither, The Startup Expert®, offers up a few reasons on why to have a separate work computer:
It keeps your personal and work activities separate.
By having two separate computers, no matter if they are laptops or desktops, you can easily separate your personal activities like listening to music or playing online games from your important business tasks like creating client spreadsheets or updating your company’s website. In addition, you won’t be mixing up any personal files with business ones, making it much easier to locate files when you are on the clock to get something completed.
It can increase your productivity.
Are you looking for ways to be more productive as a small business owner each day? Bert Seither, The Startup Expert®, says having a separate computer for your business is a great start to this. When you have a computer that is equipped with only your essential programs and files, you’ll be much less likely to get off track, spend time on irrelevant websites, or use software that is geared toward leisure time. You’ll be amazed at how much more work you can accomplish and how much more time you’ll have to focus on increasing the profits in your business.
It makes deducting your computer easier.
Business tax deductions are a key part of holding onto more of the income your small business generates. Because of this, be sure you write off all of your business expenses, including computers. If you purchase a computer, you can only deduct it if you use it more than half of the time you spend on it to conduct your trade. However, if you obtain a PC or Mac that you use exclusively for business activities, there is no gray area in claiming the deduction when filing your taxes with the IRS. You should be able to write off the entire cost of the computer itself, in addition to related ongoing costs to maintain it.
It makes deducting software for your work computer easier.
Don’t forget that deducting your actual computer is only one business-related tax deduction. Bert Seither, The Startup Expert®, says you can also write off any software, online services, and other products or services you buy for your machine. For example, if you need Microsoft Office, Final Cut Pro, Adobe Dreamweaver, or Photoshop for your small business, you can deduct all of these purchases. The same goes for online merchant processing services or cloud services to back up your business data. If you maintain a separate computer on which you utilize software or services, it will be much simpler to deduct these items than if you use them on your personal machine.