Is Solavei Cheaper than all the other Prepaid 4G Cell Plans?
** Disclaimer ** I am not an accountant.
I asked mine. But I’m pretty sure what her answer will be.
Since Solavei will issue you a 1099 form for your earnings over $600, it’s a business.
I see no reason why you cannot deduct at least a portion of your cell phone purchase and the cost of the monthly service itself as a business expense.
The reason is that you need a nice cell phone and the service so that you can demo it to prospective customers.
This should save you a good bit. Talk it over with your CPA to see how much.