Taxes
 

Anyone know a good way to reduce the amount of taxes I will need to pay on the money I made in 2007? :(

It's all about deductions baby.. phone bill, internet bill, equipment/hardware, even a percentage of your home rent if you work from home can all be deducted as self-employment business expenses. Go chat with someone from H&R Block or your favorite tax place, they'll be able to tell you what you can deduct.

that was a good 1 from dynamix yep deduct everything u can out of those big paychecks =D

Dude you know you can write off certain things, such as dvds, magazines, props for shoots and stuff. I know it might sound small but I even write off my porn rentals and I RENT A LOT OF PORN.

write off everything that you possibly can. :)

Buy a big ass desktop and 37 inch HDTV for editing images! Buy one for me too.

Dude, stop crying about your taxes. Just make more money.

Write some shit off yo!

Funnel the money into the Cayman Islands and then switch the money into another account in a bank in Sweden under a different name, and then transfer it into a bank in Dubai.

I'm just kidding, that's illegal, don't do that. Pay your god damn taxes on your internet "HO" business and stop complaining.

Im not complaining, if i was i would say i dont feel like paying them, booo hooo...shit like that. i wasnt doing that, i was just asking what is the best way going about doing it. Thanks for the serious replies guys

My father's an accountant out of Florida, he has his own CPA firm, he doesn't charge alot. You want his contact info? He's been in the biz for over 25 years and is now teaching at a University on the Masters level for accounting.