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Old 04-03-2009, 03:33 AM   #1
PSSuperstars
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Advertising Percentage on Your Taxes

So what percentage of your income is being written off for advertising?

We're about 17%.. Hubby said that's really high... but another owner said that she does about 25%..

What about you guys?
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Old 04-03-2009, 03:35 AM   #2
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ya do your own taxes?
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Old 04-03-2009, 03:36 AM   #3
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Yeah I think I'd find quite a bit more deductions with it.. but I've never felt like I pay out the ass doing it on my own either... eh...

It's a power trip thing I guess... And Turbo Tax business online is step by step by step...

Do you guys really find that a CPA saves you THAT much?
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Old 04-03-2009, 03:40 AM   #4
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Originally Posted by PSSuperstars View Post
Yeah I think I'd find quite a bit more deductions with it.. but I've never felt like I pay out the ass doing it on my own either... eh...

It's a power trip thing I guess... And Turbo Tax business online is step by step by step...

Do you guys really find that a CPA saves you THAT much?
get a CPA do you your taxes just my advice been doing this from the start i wouldnt dare to attempt to do any type of corporate return or what not , as far as expenses go you can do alot with "this" but let a pro handle it.
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Old 04-03-2009, 03:41 AM   #5
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make sure also CPA is jewish

btw this is the first year i have had my taxes filed on time in like 6 years
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Old 04-03-2009, 03:42 AM   #6
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get a CPA do you your taxes just my advice been doing this from the start i wouldnt dare to attempt to do any type of corporate return or what not , as far as expenses go you can do alot with "this" but let a pro handle it.
Thanks.
I started this year in excel.. tied to my banks.. a lot more organized And I think when I file next year I will be doing a CPA...

I'm a control freak and like doing everything on my own...
but the time comes... I guess.
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Old 04-03-2009, 03:45 AM   #7
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make sure also CPA is jewish

btw this is the first year i have had my taxes filed on time in like 6 years
We're gonna have to file an extension on the MIL's estate... we're no where near ready.. and we're just gonna get a CPA for her..

I may have the dude do mine next year..
and he's a Berg... so a jew ;)
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Old 04-03-2009, 05:02 AM   #8
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So what percentage of your income is being written off for advertising?

We're about 17%.. Hubby said that's really high... but another owner said that she does about 25%..

What about you guys?
Wouldn't the percentage be dependant on the type of biz you are running? We're well over 50%, but that's comparing apples to oranges.
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