Believe it or not? Up to just couple of months ago, I have been under the impression that every asset acquired for a business is tax deductible and that occurs for all the cost of buying or making it in the year that happens. Had I known last year what I know now, I would have had neither tried to signal that I saw the better tax time purpose nor expected others to get such signal. Even with that horribly incorrect knowledge I later pointed out that if I were that much about better timing for the tax, I would have had not presented my book at timing that was that close to the year end and also with such potential to have the matter resolved before the new year.
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