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To: Concho

[Losing that sort of money is simply creative accounting. ]

Corporations pay NO taxes, EVER. Their customers do! Learn it...live it...love it!


23 posted on 08/13/2008 12:12:22 PM PDT by dbacks (Should we really elect a man that would not be allowed to be an airport baggage screener?)
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To: dbacks

I love it. I have been told that we cant keep this up forever, but as good as it feels I think I’ll keep it up till I need glasses.

It is all in how you structure, S-Corp, C-Corp or LLC, and just how good your accountant is. Definitions are everything. Everything is a business expense. Even the new guns and ammo are pest control. They then become a part of cost of goods sold.

Anyone who has an accountant that believes you should pay taxes needs to find a new one.


25 posted on 08/13/2008 12:43:51 PM PDT by Concho (IRS--Americas real terrorist organization.)
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