Tax Time: Point Me To The Proper Information

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  • xxxpit
    Confirmed User
    • Apr 2001
    • 148
    #1

    Tax Time: Point Me To The Proper Information

    Well Last year was easy!!!Only made $3000 ..

    This year was a little differnt..

    Made over 10,000 Grand...

    Can anyone point me to some good information related to Adult Webmasters and How to best pay the least amount of Taxes..

    I have been plugging my mond out reading this and that..
    I saaid let me ask you guys....

    I know get a accountant ...
    Looks like I will be doing that thsi comming year..

    Taxes are a learning curve I am experiancing ..

    Thanx
    Matt
    Last edited by xxxpit; 12-12-2004, 04:39 AM.
    CUm TOoo The Force!
    Young Jedi-WebMasters!
    Vector-Force
    Tags: None
    • strobi
      Confirmed User
      • Nov 2002
      • 7383
      #2
      you can't afford an accountant if you've only made 10 grand/year.

        Comment

        • DeadFidel
          Confirmed User
          • Jul 2003
          • 6764
          #3
          Originally posted by strobi
          you can't afford an accountant if you've only made 10 grand/year.
          That's what I was thinking. I could write that off with a months cost of google adwords.

          Just fill out the short 199212.

            Comment

            • Mr Dickovitch
              Confirmed User
              • Jul 2004
              • 1070
              #4
              I will give you advice. You should just not pay taxes and when the forms come throw them away. For $10k they will not come after you or fine you or anything.

                Comment

                • FreakinWebmaster
                  Confirmed User
                  • Jan 2003
                  • 935
                  #5
                  Originally posted by Mr Dickovitch
                  I will give you advice. You should just not pay taxes and when the forms come throw them away. For $10k they will not come after you or fine you or anything.
                  Not the best advice I have heard

                    Comment

                    • Methodcash Rick
                      Confirmed User
                      • Jul 2004
                      • 1720
                      #6
                      Originally posted by Mr Dickovitch
                      I will give you advice. You should just not pay taxes and when the forms come throw them away. For $10k they will not come after you or fine you or anything.
                      You're absolutely right...

                      But the catch is, the IRS will wait 3 - 5 years, and with interest, and penalties, that $10k just turned into a $30k or $40k tax liability...

                      SO yeah, just go ahead and throw away those forms, they'll never come after ya...

                        Comment

                        • Babaganoosh
                          ♥♥♥ Likes Hugs ♥♥♥
                          • Nov 2001
                          • 15841
                          #7
                          Originally posted by strobi
                          you can't afford an accountant if you've only made 10 grand/year.
                          That's bullshit. I pay $150 per quarter. That's only $600 a year and he gets me more than that in deductions.

                          Don't be afraid. Just pick up the phone and make a few calls. You'll be surprised how much accountants vary in price.
                          I like pie.

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