How Many of You Are Self Employed or Have Your Own Business?
Marilyn_Sue
3 years ago
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business owner doing my own accounting - bad?
Comments (10)Firstly, I'd just like to re-iterate what's already been said here. A refund means that you've paid too much taxes - a genius accountant wouldn't let that happen. The bigger the refund you get from the IRS the worse you're accountaning practices are. Giving a bonus to to an accountant based upon the size of a refund shows a fundamental misunderstanding of what a refund is and what an accountant does. I would be leary of taking any financial advise from your GM dealer friend or his accountant. A tax preparer will go through your box or receipts once a year looking for deductions, an accountant should do much much more than that. There are many ways to receive renumeration from your business; pension plan, salary, dividends (if you own a schedule C corporation), etc. An accountant should be able to show you how to extract the maximum ammount of money from your business while paying the minimum in taxes. I've had a small business for about three years now. I haven't had a single refund and I doubt that I ever will. However, my accountant has saved me tens of thousands of dollars in taxes as well as giving my invaluable advice on the financial aspects of running a business. Speak to an accountant, or better yet a CPA about your business and your wont regret it....See MoreHow many of you own a cleaver? And IKEA question...
Comments (50)Claire, I just came home from Ikea. I was looking for a desk chair, didn't find one that I liked but we both enjoyed the walk-through and the food department! The store is under reconstruction/remodeling but still nice. We bought some great "Lant" potato chips and a couple of packages of different flat breads which we like for breakfast, some pepparkokar in a very pretty blue tin (thin crisp ginger cookies) and some other very thin crisp oatmeal cookies, large chocolate bars - 3/$2.49, some Swedish fish candy for me, some toffee laces candy for me and YAY, I got my Princess cake! They had it in a package with 4 small one serving size cakes, I couldn't wait to get home to try it - just as good as I remember :) We didn't have lunch there today but they still had the .99 breakfast and a Wednesday special was a $7.99 dinner of babyback ribs. I really wanted a coffee and some almond cake or Daim cake, but allowed Ken to talk me out of it when he said we were going to the Jewish deli for pastrami....See MoreDo you do your own taxes with tax software?
Comments (38)I have used HR Block on line for years..Think it cost 30 dollars or so and its a hand holding simple walk you thru it, read carefully and fill in the blanks. Its free to do it until you go to file and that is when you pay. I dont even have to enter our basic information anymore..Its all saved..of course it gives you the chance to change anything that might need to be changed..ie when our daughter got married and we could no longer claim her. Give it a try!...See MoreHow many of you make your own pasta?
Comments (27)Azzalea: You forgot to say in your first thread. " Hey, what can I say, I'm Italian " I forgot about Fontes. I think they are in the 1000 Block of 9th st. There was another place I bought my Pizzelle baker and other things, at around 13th and Bainbridge. I don't know if they are still there. We talked about all these places on another thread. Fontes sounds better. I have to go on the web and see what they have. I didn't know they still made the Chitarra " Guitar " Joann : It is very simple. Mine was made of Hardwood. There was a block of wood (about2 inches square X about 12 inches long on each end, about 18 inches apart. The steel wires went from one block to the other and attached at each end. They were stretched tight, by tightening wing nuts. You could actually run your fingernail across and strum a note. But if you did it too much , you got a knot on your head, with a Wooden Grandmom Spoon. If I find a picture of one, I'll post it or send it email. Or both !...See MoreMarilyn_Sue
3 years agoMarilyn_Sue
3 years agolast modified: 3 years ago
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