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Tax Tips For Small Folks?

An anonymous "The tax deadline is fast approaching (here in the USofA). Like some of you, I have a small business on the side. Since I haven't figured out the 'step 2' yet (the one before 'step 3: profit!!!'), my revenues were zero for all of last year, and the expenses were just about zero too. What is the quickest and least painful way for a person in my situation to do his taxes? I don't want to spend 100s of dollars going to a paid professional, just to have him put all zeroes in the form. If you have done your taxes and are a small business (C-corp, don't ask why...), do you have any tips?" This is also your chance to offer all the heretofore unsolicited tax advice you've been bottling up all year.

5 of 345 comments (clear)

  1. Why it's easy... by i_want_you_to_throw_ · · Score: 0, Flamebait

    my revenues were zero for all of last year, and the expenses were just about zero too.
    Forgive me for saying so but if your expenses and revenues were zero, then how do you have a business?
    I don't want to spend 100s of dollars going to a paid professional, just to have him put all zeroes in the form.
    Then put zeros in yourself.
    Advice? Get an actual business first, then come back and ask this question.

    Now if you're wanting tips on how to scam the IRS........

    1. Re:Why it's easy... by k-0s · · Score: 0, Flamebait

      My advice is a bit different then the advice above. First open a tax haven in Bermuda, second profit away. I realize you are probably listing no profits specifically for tax reasons. Hell if Bush's friends in big business can do it you should be able to also. Although you may wind up being targeted by these folks.

  2. Re:complexity in US taxes by mapmaker · · Score: 0, Flamebait

    Clearly you are unaware just how stupid much of the American public is. I mean, who do you think voted for Bush anyway? There aren't *that* many Enron execs in the US!

  3. OMFG by t0ny · · Score: 1, Flamebait
    Ask Slashdot with yet another stupid, inane question.

    Ok, Assnozzle, here is the answer to your question- Do your taxes yourself! Wow, since you state they are pretty much all zeroes, lots of people tend to pick up a pen and write them zeroes in -all on their own-!!!!

    Doing something for yourself, what an amazing concept. And also, if you are all into using computer assistance, there are all kinds of Tax Software!!! Wow, what an amazing world we live in!!

    --

    Manipulate the moderator system! Mod someone as "overrated" today.

  4. So, umm.... by errxn · · Score: 0, Flamebait

    ...what, exactly, are you trying to say? And I quote:

    The Constitution is only good when there is a government.

    OK, fair enough, I guess. There has to be something there to enforce the provisions of the Constitution. Ostensibly, anyway. It seems to me that you don't believe that the government has anything to do with the Constitution, however, to wit:

    This is an artifical [sic] idea of ours of rights.

    Well, there was that whole "Bill of Rights" thing, which was basically a codification of the stance taken in the Declaration of Independence. Of course, none of this would matter in the government that you claim exists.

    But maybe I am just mistaken. Since you claim to be so well versed on the principles of an organized government, perhaps you can enlighten us with a principled discourse on how a government which is enabled by the Constitution can so (allegedly) freely disregard it. Or, if I have misunderstood your argument, perhaps you can clarify it for me. I truly am curious.

    Oh, and if you don't mind, spare us the angry "you're a fucking moron" rhetoric and get straight to the point, mmkay?

    Thanks.

    --
    In Soviet Russia, Chuck Norris will still kick your ass.