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How many of you report your real income to IRS?
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05-26-2006, 10:05 AM
Snake Doctor
I'm Lenny2 Bitch
Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
We pay income taxes on every red cent.
If you structure your company a certain way you can get a break on social security and medicare taxes, but you have to pay income taxes on every cent.
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