- I could use some advice on the IRS - 1 Update
- Conversation - 1 Update
- MCFL'ers Who Died - 1 Update
trader4@optonline.net: Dec 12 12:41PM -0800 > > A good tax adviser is worth their weight in gold. It's a no > > brainer. > I still don't know how the hell I did it and it all seems so fleeting so I want to save as much as possible and try to determine exactly what is income and what can be deducted. Like when I walk the mile to the UPS store to send something and back etc. AFAIK, that kind of thing has never been deductible, for obvious reasons. And even if you did deduct it, then you'd have to also report it as income to yourself, negating it. In 2014 and 2015 I never counted that. As far as I am concerned I am still poor, the rest is either working capital or savings. > I might look into a tax consultant. I can't believe I don't already know any. > December is brutal so far so I might be making less than I initially thought. > I love America! I just wish I would have figured out how easy it is to make money a lot earlier, I would be a millionaire right now. There are books out there, like JK Lasser, that give some good advice and guidance, with examples. Also, have you read the IRS publications that are available? Usually complexity is a function of what you're doing, ie a business, not so much a function of how much you're making. |
Michael Black <et472@ncf.ca>: Dec 12 01:14PM -0500 |
Beaver_Fever@live.com: Dec 11 11:21PM -0800 > In our hearts forever. > Anybody else? add suzn Bob Hale Chloe Polar to the list. What a rough year 2016 has been. |
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