Since I'm self employed. Can I claim wages as a business expense? For example, I have a business with no other employess but myself. So can I claim wages in my federal taxes?
Question about Taxes
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go see an accountant. -
An accountant would be able to tell you so much more write offs..worth the investmentComment
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no cigar but i will take a young refugee boy to mold into a major league baseball player please, those kids are worth zillions in the biggsOriginally posted by strokerLOL! Thanks for the advice. Anyone need Cuban cigars while I'm there?my sig caught gonoherpasyphilaids and died
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Fill out a tax work sheet and bring it to your local CPA.
Here's a quick one I found on google
http://www.martinwallcpa.com/taxorg.pdf
Just as an FYI there are some wages and employee expenses you can claim
if you pay family or independant contractors. Ask the CPA what the limits are
before you have to "prove" the expenses !Comment




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