Taxes

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  • detoxed
    vip member
    • Jan 2003
    • 17798

    #1

    Taxes

    I cant fucking wait to pay them, get it off my mind for another year.
  • BJ
    Confirmed User
    • Mar 2002
    • 5590

    #2
    already paid mine

    Comment

    • frankfortuna
      Confirmed User
      • Aug 2002
      • 1504

      #3
      Amen, I just finished issuing 1099's tonight.

      Comment

      • ace0r
        Confirmed User
        • Feb 2001
        • 1410

        #4
        guess you should be glad that you don't have to have yours done quarterly

        Comment

        • detoxed
          vip member
          • Jan 2003
          • 17798

          #5
          Originally posted by PureMeds
          already paid mine

          sucks, im still getting interest on mine. will make me a nice profit after fines for not paying quarterly.

          Comment

          • BJ
            Confirmed User
            • Mar 2002
            • 5590

            #6
            Originally posted by detoxed
            sucks, im still getting interest on mine. will make me a nice profit after fines for not paying quarterly.

            I dont pay quarterly but im going to this year.

            Comment

            • rickholio
              Confirmed User
              • Jan 2004
              • 1914

              #7
              Every time I deposit a group of cheques, I write out one to the receiver general for 18.1% of whatever it is I just cashed (18.1% is the combined federal and provincial corporate tax rate where I live).

              Keeps taxes 100% up to date, and then I get a refund for whatever expenses I incurred, roll that into the following year's taxes. This year, I didn't have to start writing cheques until august due to last year's refund. All I have to worry about then is personal tax at the end of the year, which usually is pretty (and this year will be totally blown away by rrsp contributions).
              ~

              Comment

              • Snake Doctor
                I'm Lenny2 Bitch
                • Mar 2001
                • 13449

                #8
                If you're in the U.S. the underpayment penalty is so low I think its best to hold the cash until April 15.

                This way the IRS finances my investments in new projects throughout the year at a much lower rate than a bank loan or line of credit.

                sig too big

                Comment

                • WiredGuy
                  Pounding Googlebot
                  • Aug 2002
                  • 34517

                  #9
                  I can't wait for my audit check to come in. I'm going to gloat about it for some time!
                  WG
                  I play with Google.

                  Comment

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