Originally Posted by
DoNoHarm
Now, in the future, you have more cash on hand (you didn't need to pay the $250,000 in taxes), have additional equipment that you will use to make you more money, and are better set for the years to come. Your company is worth more as a whole than it was before, and is much healthier. Even though you showed a loss the previous year.
Except when there is less work (less passengers). What are you going to do with those worthless depreciating assets sitting around... But at least you get a tax break.