Taxes - GoFuckYourself.com

detoxed · 01-30-2005, 08:46 PM

I cant fucking wait to pay them, get it off my mind for another year.

BJ · 01-30-2005, 08:50 PM

already paid mine

frankfortuna · 01-30-2005, 08:51 PM

Amen, I just finished issuing 1099's tonight.

ace0r · 01-30-2005, 08:52 PM

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

detoxed · 01-30-2005, 08:53 PM

Quote:

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.

BJ · 01-30-2005, 08:54 PM

Quote:

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.

rickholio · 01-30-2005, 09:11 PM

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).

Snake Doctor · 01-30-2005, 09:22 PM

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.

WiredGuy · 01-30-2005, 09:32 PM

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

01-30-2005, 08:46 PM	#1
detoxed vip member Join Date: Jan 2003 Posts: 17,798	Taxes I cant fucking wait to pay them, get it off my mind for another year.

01-30-2005, 09:22 PM	#8
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	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

01-30-2005, 09:32 PM	#9
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,485	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.

01-30-2005, 08:50 PM	#2
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	already paid mine

01-30-2005, 08:51 PM	#3
frankfortuna Confirmed User Join Date: Aug 2002 Posts: 1,504	Amen, I just finished issuing 1099's tonight.

01-30-2005, 08:52 PM	#4
ace0r Confirmed User Industry Role: Join Date: Feb 2001 Location: Calabasa, CA & Chicago, IL Posts: 1,410	guess you should be glad that you don't have to have yours done quarterly

01-30-2005, 09:11 PM	#7
rickholio Confirmed User Industry Role: Join Date: Jan 2004 Location: Nor'easterland Posts: 1,914	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).