follow-up tax questions?
follow-up tax questions?
i posted the question below. if 14,300 if profit, how do i decrease how much i pay in taxes. is it to late to setup type of corporation or something? thx
http://answers.yahoo.com/question/index;_ylt=AnCzsp1oDDSrJcnGig3mppjsy6IX?qid=20060803005718AAK9tIU
Answers:
Chosen Answer
tonalc1: You got all the information necessary in your previous answers, especially the part about getting a business license. That way you prove you're a business, and can take deductions. See a tax accountant to see what deductions you can take to reduce your taxable (profit) income. You'd be surprised what you can take!
2006-08-03 11:59:20
tonalc1: You got all the information necessary in your previous answers, especially the part about getting a business license. That way you prove you're a business, and can take deductions. See a tax accountant to see what deductions you can take to reduce your taxable (profit) income. You'd be surprised what you can take!
2006-08-03 11:59:20