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Tax Tips For Small Folks?

Posted by ryuzaki0 on from the last-minute-pleading dept.

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.

3 of 345 comments (clear)

  1. And I thought... by the-banker · · Score: 5, Insightful

    And I thought the people that sought legal advice on Slashdot were nuts...

    Asking for tax advice on here is taking it to another level...

  2. Re:Get an Accountant by jhunsake · · Score: 3, Insightful

    They don't care for small incomes. I've filed for friends and a couple corporations with relatively small incomes many times late. They will send you a statement with penalties on it (which aren't that much given the small income), but if you send in what you would have owed had you filed on time, they will drop the rest off your account.

    Tip: Learn how to play the system. Don't let the big IRS beuracracy hurt you, make it help you.

  3. Re:Hmm by stevejsmith · · Score: 3, Insightful

    Personally, I don't get taxes. I sure as hell never agreed to be under the rule of the Gov't. (so what, you were born here, you have to pay the taxes). So f*ing what. Nothing gives them the right to take my money to spend on things that I disagree with and then rape me by passing legislation that makes it illegal for me to do anything.

    You're a fucking moron. As much as I feel that doesn't even need to be backed up, I will for the sake of my already-floundering karma.

    See, the thing is, you are paying the government for services and products. Sure, they disguise the costs by calling them taxes, but they are really just charges for the following services:

    1. Roads, sidewalks, public works projects, etc.
    2. Domestic protection (the police)
    3. Foreign protection (the military)
    4. Assistance in certain situations (hospitals)
    5. A fucking education (schools, free libraries)

    As nice as I've been about this, you're still a fucking moron. Oh, and as a previous poster said: move, you dumbass. To where? Antarctica. What gives the government the right to be on your land? Simple: they can be and they will be. Who ever gave you the notion that you are born into this world with possesions and that you have inaliable rights? Maybe you do under the Constitution, but a government's first and foremost responsibility is to watch its back, or else it won't be there to watch yours.

    MORON.