A.That’s an interesting question. If you know the dealer’s reputation, the offer may be a good deal—and that may have less to do with your initial cost savings. Consider this: If a computer is going to break down, it’s likely to happen early in its life because of a faulty component. In fact, back in the 1980s, some computer makers and dealers “burned in” new computers for a day or two to filter out lemons. Today, however, with better-engineered components, there is little need for burn-ins because far fewer computers fail. But on occasion they still do, and the real cost of a breakdown is lost time and lost data. So buying a refurbished machine may not be such a bad idea.
Where to find March’s flipbook issue
The Journal of Accountancy is now completely digital.
Get Clients Ready for Tax Season
This comprehensive report looks at the changes to the child tax credit, earned income tax credit, and child and dependent care credit caused by the expiration of provisions in the American Rescue Plan Act; the ability e-file more returns in the Form 1040 series; automobile mileage deductions; the alternative minimum tax; gift tax exemptions; strategies for accelerating or postponing income and deductions; and retirement and estate planning.