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Old 06-29-2004, 07:06 PM  
Sly_RJ
Live Hard - Die Hard
 
Join Date: Feb 2002
Location: Ready to leave...
Posts: 17,042
Quote:
Originally posted by Sosa
So you deposit all your income into one account for the business and you use that for personal also? The guy I talked to today said he had a client report 0 income and then was audited in the worse way 2 years later.
Ahaha! You can't report ZERO income and not expect to get a little attention. You have to make SOME money, just a limited amount. The business can pay for tons of your stuff. Car, phone, dinners, trips, etc.

Get a better accountant.
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