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Old 11-10-2011, 11:48 AM   #36
GregW
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Join Date: Dec 2010
Location: South Shore , MA
Posts: 659
Quote:
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^& View Post
How many of you guys here
#1 have a CPA,
#2 Work for Yourself (and have to balance your income versus what you sell your product for), and
#3 pay a tax like this.


Step up and tell us what you do. If you tell me it's not figured into the cost of your product then you should close your business right now. Your doomed to failure.

I hate taxes , but have no desire to argue politics on a fishing board. However, you are apparently using the wrong CPA. The average software will pick up a small tax like this that a book keeper(or the small business owner) can operate. And the average amount of money an accountant can save you by doing your taxes correctly and properly depreciating the value of your equipment (while decreasing the profits you made) would far outweight the cost.
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