Thread: Tax Tips
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Old 04-05-2007, 03:59 PM   #11 (permalink)
Zoomzoomers
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Location: Los Scandelous
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Quote:
Originally Posted by Phelan View Post
With $4K going to my IRA I'm getting a combined $2K back.

Once tax season is over I'm planning to talk to my CPA about incorporating as I'm starting to do enough side business that I need to go legit on it.
What type of business are you in? If you're a service provider talk to your CPA about LLC's. It'll probably, well very likely, be more favorable for you. Good luck.

Let's see the IRS? Umm... I know them very well. I've been audited twice in the past five years. Let me tell ya, it ain't fun. Luckily I have a good CPA but his ass charges me up the a**. Well, sometimes he'll take booze as payment.
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