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Old 06-16-2003, 12:41 AM   #1
PersianKitty
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US Webmasters... Hate to be the bearer of bad news...
If you owe em...don't forget to send your quarterly estimated tax payment on Monday.
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Old 06-16-2003, 12:48 AM   #2
goBigtime
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ugh thanks for the reminder. Been so busy lately I forgot
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Old 06-16-2003, 12:50 AM   #3
Rictor
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What happens if I don't? Fine?

Screw it...if I show a profit this year, I'm gonna blow it on expenses in December.
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Old 06-16-2003, 12:55 AM   #4
PersianKitty
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Quote:
Originally posted by Rictor
What happens if I don't? Fine?

Screw it...if I show a profit this year, I'm gonna blow it on expenses in December.
Depends.. if you are required to do them and don't, they can fine you after the fact and charge interest also.

*if* you show a profit? How does someone not make a profit doing this?
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Old 06-16-2003, 01:01 AM   #5
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Originally posted by PersianKitty


Depends.. if you are required to do them and don't, they can fine you after the fact and charge interest also.

*if* you show a profit? How does someone not make a profit doing this?
My non-porn company grosses $1 million a year but I guarantee we will show a loss. Salaries, expenses, product, etc. If we think we are going to show a profit, we spend more money and pay out some bonuses.
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Old 06-16-2003, 01:02 AM   #6
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Originally posted by PersianKitty


*if* you show a profit? How does someone not make a profit doing this?
creative bookkeeping
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Old 06-16-2003, 01:13 AM   #7
PersianKitty
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creative bookkeeping
You have to remember.. for the first 18 or so years of my adult life I was an accountant.
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Old 06-16-2003, 01:21 AM   #8
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Originally posted by PersianKitty

You have to remember.. for the first 18 or so years of my adult life I was an accountant.
why ask a silly question then ?
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Old 06-16-2003, 01:24 AM   #9
PersianKitty
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why ask a silly question then ?
Wasn't meant to be silly in my eyes......hell for me... after years and years of living hand to mouth I'm glad to make enough that I have to pay uncle sam and can afford to.

What I actually meant was if you're fair, honest and hardworking... it's not difficult to *make* a profit....showing it is between you and the IRS. I like to sleep at night.
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Old 06-16-2003, 01:26 AM   #10
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You don't have to be dishonest to not show a proift. Just invest your profit back into your company.
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Old 06-16-2003, 01:27 AM   #11
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You have to remember.. for the first 18 or so years of my adult life I was an accountant.
I am still waiting for that special weekend when you tell me your life story.

I think it would be a perfect made for TV movie.
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Old 06-16-2003, 01:28 AM   #12
PersianKitty
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I am still waiting for that special weekend when you tell me your life story.

I think it would be a perfect made for TV movie.
Bad men.. bad choices... etc etc... lessons learned... it's definitely not movie of the week material.
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Old 06-16-2003, 01:30 AM   #13
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PK, i know what you meant !
hope you noticed my " "

Quote:
Originally posted by Rictor
You don't have to be dishonest to not show a proift. Just invest your profit back into your company.
that's was my point as well...will be doing that as soon as
we show a profit
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Old 06-16-2003, 01:30 AM   #14
baddog
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Originally posted by Rictor
You don't have to be dishonest to not show a proift. Just invest your profit back into your company.
there are many, many tax deductable ways to utilize profits that not only benefit you, but your county, state and federal govts, and still minimize your tax liability.

I pay taxes every year, but never quarterly, and have yet to be subjected to any fines for doing so
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Old 06-16-2003, 01:32 AM   #15
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Originally posted by PersianKitty


Bad men.. bad choices... etc etc... lessons learned... it's definitely not movie of the week material.
any baddogs? see, we can still make it a special weekend
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Old 06-16-2003, 02:03 AM   #16
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Originally posted by PersianKitty


Depends.. if you are required to do them and don't, they can fine you after the fact and charge interest also.

*if* you show a profit? How does someone not make a profit doing this?
Not getting listed on your sites.
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Old 06-16-2003, 02:30 AM   #17
ADL Colin
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Quote:
Originally posted by PersianKitty


Bad men.. bad choices... etc etc... lessons learned... it's definitely not movie of the week material.
Isn't it?
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Old 06-16-2003, 02:39 AM   #18
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Bad men.. bad choices... etc etc... lessons learned... it's definitely not movie of the week material.
there is that new channel on cable, Women's Entertainment Network. . . . they could use it as filler between the yoga classes
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Old 06-16-2003, 02:58 AM   #19
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Thanks for the heads up PK
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Old 06-16-2003, 05:37 AM   #20
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Sent mine out Friday
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Old 06-16-2003, 06:32 AM   #21
Sarah_Jayne
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it is also the last day to file normal taxes if you live outside the country. So, today is my April 15th..oh yay.
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