Tax Question
 

What do you think the percent of expenses to income can be declared before a red flag at the irs?

Use your real expenses and your real income and you will not have a problem either way.

I got a tax bill of $6000 last week. Sucks...

Holy shit, that sucks big time !

I should have been putting money aside for it, but of course, it was a case of "fuck it", and got drunk alot. So i didn't save shit.

Now i'm suffer for it :(

Yeah but I don't have all my receipts because I have bills withdrew straight from a back account. I remember seeing a percentage posted somewhere but I don't remember where or what it was.

yep. just be honest & dont care about red flags. :thumbsup

Well, your first smart move was to come to GFY to ask us, rather than calling a CPA, or a tax professional.. God knows that those CPA guys are a bunch of worthless overpaid fucks... :error :error :error

Yeah I'm surprised I haven't seen I declare all my income to expenses...fuck the irs. Asking here is potluck by hay you get some kind of answers within a minute.