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pr0 02-21-2003 11:11 PM

Investing $ into designs/programming
 
I've been investing more & more over the last few months, it was nice writing alot of it off (just got back from the tax man), about how much shit do you write off every year?

Is there any limit to the amount you can write off, as far as hiring designers & programmers.....

Do i need to start giving programmers & designers 1099's at the end of the year or wassuP?

My tax guy filled me in on alot....just figured i'd try to hear it from some professionals

High Quality 02-21-2003 11:12 PM

YOu needn't post such questions here. Ask the don any favor you wish, this, the day of my daughter's wedding....

pr0 02-21-2003 11:13 PM

Quote:

Originally posted by High Quality
YOu needn't post such questions here. Ask the don any favor you wish, this, the day of my daughter's wedding....
:thumbsup

fo shizzle my brutha

DatingGold 02-21-2003 11:33 PM

If you pay someone in the US over $600 a year, you are suppose to file a 1099. Unless they are a company then you dont need to. If you don't file the 1099 there can be a nice fine. But this is all stuff your tax man can tell you.

We've never had a problem writing of our

legal disclaimer: causes severe diarrhea and anal fissures.

EscortBiz 02-22-2003 12:50 AM

Quote:

Originally posted by DatingGold
If you pay someone in the US over $600 a year, you are suppose to file a 1099. Unless they are a company then you dont need to. If you don't file the 1099 there can be a nice fine. But this is all stuff your tax man can tell you.

We've never had a problem writing of our

legal disclaimer: causes severe diarrhea and anal fissures.

not always , ask the tax experts

katdaddy 02-22-2003 03:02 PM

hey i do graphics ?? hit me up

katdaddy 02-24-2003 02:34 AM

hehe dont u love those threads that get hit by people looking for work? man I hate doing my taxes and Uncle Sam isn't messing around anymore! Anyways I guess I need to figure out what the hell is going on with my books tax time is upon us!

pr0 02-24-2003 02:52 AM

Quote:

Originally posted by katdaddy
hehe dont u love those threads that get hit by people looking for work? man I hate doing my taxes and Uncle Sam isn't messing around anymore! Anyways I guess I need to figure out what the hell is going on with my books tax time is upon us!
hehehe, good luck, tax time is always a blast :thumbsup

galleryseek 02-24-2003 02:55 AM

i dread the day when i must do taxes.

pr0 02-24-2003 03:00 AM

Quote:

Originally posted by galleryseek
i dread the day when i must do taxes.
do them early & get it over with!

galleryseek 02-24-2003 03:04 AM

well, i've never done them before. i dont have the first clue on wtf to do. i'll either hire someone or send them to my parents, i'm pathetic.

Serge Litehead 02-24-2003 04:03 AM

i don't think theres a limit on writing of design and development needs, and yes you need to file 1099 for independent contractors


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