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Can we write off wire transfers we make to pay for programing. and pay for ucj and shit like that? or are credit card statements? is that enough? or we need invoices?
This is for canada. just to let yall know. but i think us and canada basically same |
Gee im am not to sure but like BPO said before save ALL receips and YES cc statments will come in ahndy also and you just give them to your tax guy in seprate folders (ie. income staments, out going..hosting scripts ) and from there they will decide how much can be put forward to a tax cut http://bbs.gofuckyourself.net/board/smile.gif last year i got 1000 back http://bbs.gofuckyourself.net/board/smile.gif
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Thanks Mailman
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If you're taxes are going to be over $1000, then incorporate a company for that amount, and spend ALL of your companies money on your own toys, and company toys, and then pay $0 in taxes on your net income of $0. Even if you can't spend it all, you only pay 18% (at least in canada) of taxes of what your company shows as income (a little more if you break 200k/year), but who cares.
Just compare: Person: Gets money, pays government 26% to 46% of it, then spends the rest. Corporation: Gets money, spends it, pays government 18% on what's left (which may be nothing). |
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