Taxes Seem to Get More Complicated Every Year......

[Vince G, CSN MFT]

Just finished mine a few hours ago....even with Turbo Tax , the tax code is meant to just fuck with business owners.

[Skeletor]

Did you pay more taxes compared to last year?

[Fallsview]

Not for me. Already received my refund. A little over 17 grand. Previous years were horrible...owing 6, 7,8 grand. I have a great accountant worth every penny. 

[Vince G, CSN MFT]

Did you pay more taxes compared to last year?

Of course but it will be for the last time unless I get another telecom job.

[Dave D]

Of course but it will be for the last time unless I get another telecom job.

How did you pay more in taxes without the $70k salary?   At least $14000 of that went to taxes.

[jude2]

Now we need to report the crypto infol

[Vince G, CSN MFT]

How did you pay more in taxes without the $70k salary?   At least $14000 of that went to taxes.

Wasn't my personal income but my business income ...but i got hit with ACA as well

[ChristopherA]

Not for me. Already received my refund. A little over 17 grand. Previous years were horrible...owing 6, 7,8 grand. I have a great accountant worth every penny.

100%. It's all about having a great accountant

[GymnJuice]

In California, how much you pay for electricity will soon be tied to how much you earn: A state law passed last summer requires the California Public Utilities Commission, or CPUC, to approve a pricing structure that incorporates a flat fee with a sliding scale based on income.

https://www.cnet.com/home/energy-and-utilities/electricity-bills-in-california-will-soon-be-based-on-income-heres-how-it-could-work/

California is going to charge more for electricity based on income... I hope that state goes bankrupt.

[bhank]

Just finished mine a few hours ago....even with Turbo Tax , the tax code is meant to just fuck with business owners.

You can take like 250k in losses per entity and have like 3 different business entities to offset any actual personal income from a job or investments. Additionally, you can depreciate everything having businesses is how you avoid paying taxes.

[Vince G, CSN MFT]

You can take like 250k in losses per entity and have like 3 different business entities to offset any actual personal income from a job or investments. Additionally, you can depreciate everything having businesses is how you avoid paying taxes.

I wrote this in Feb you know...🙄

[bhank]

I wrote this in Feb you know...🙄

You have to file taxes every year though yes?

[BB]

You can take like 250k in losses per entity and have like 3 different business entities to offset any actual personal income from a job or investments. Additionally, you can depreciate everything having businesses is how you avoid paying taxes.

You have to file taxes every year though yes?

This gets funnier if you imagine Vince getting ready to toss Hankins off a roof right before he blurs it out.

.

[Sissysquats]

Just finished mine a few hours ago....even with Turbo Tax , the tax code is meant to just fuck with business owners.

 Taxes are a huge industry. Making them simple would put a lot of folks out of work in the private, corporate and governmental world. The guv isn’t going to kill those jobs…….as much as I’d like them to

[robcguns]

https://www.cnet.com/home/energy-and-utilities/electricity-bills-in-california-will-soon-be-based-on-income-heres-how-it-could-work/

California is going to charge more for electricity based on income... I hope that state goes bankrupt.

All to give the fucking illegals cheap electricity. Fuck that state.

[ProudVirgin69]

Vince, why do you pay for TurboTax like a chump?  FreeTaxUSA is the free tax preparer of choice.

Not for me. Already received my refund. A little over 17 grand. Previous years were horrible...owing 6, 7,8 grand. I have a great accountant worth every penny. 

That’s a pretty lousy accountant if he has your withholding set up like that.  Getting a big refund is suboptimal, just means you gave the government an interest free loan for the better part of a year.

[Vince G, CSN MFT]

You have to file taxes every year though yes?

Yes....before April 15th.    Are you on drugs or something

[Vince G, CSN MFT]

Vince, why do you pay for TurboTax like a chump?  FreeTaxUSA is the free tax preparer of choice.

That’s a pretty lousy accountant if he has your withholding set up like that.  Getting a big refund is suboptimal, just means you gave the government an interest free loan for the better part of a year.

Your AGI has to be less than 40k in order to use FreeTaxUsa as with most of these free services.  Even if I was a burger flipper like yourself, I would never trust my assets to some free tax prep software.   TurboTax connects with my Quickbooks and makes doing them much easier.

Now I'm going to keep quiet because I took my weekly shot of TRT and I might end up saying some crazy shit

[IroNat]

You can take like 250k in losses per entity and have like 3 different business entities to offset any actual personal income from a job or investments. Additionally, you can depreciate everything having businesses is how you avoid paying taxes.

Losing money is fun.

[bhank]

Yes....before April 15th.    Are you on drugs or something

I thought this was you for a moment then I realized the cabinets were too nice for a double wide

[GymnJuice]

All to give the fucking illegals cheap electricity. Fuck that state.

People already pay more taxes through income tax brackets. Now they're making higher earners pay more for the same electricity. Wokeism and socialism have aligned forces.

[Vince G, CSN MFT]

I thought this was you for a moment then I realized the cabinets were too nice for a double wide

Just admit that you weren't paying attention to the thread's date you cave dwelling wife beater

[Gym Rat]

I thought this was you for a moment then I realized the cabinets were too nice for a double wide

Vinces's kielbasa would be peeping out the bottom of that robe...

[Gym Rat]

Just admit that you weren't paying attention to the thread's date you cave dwelling wife beater

LOL

I hope Brian doesnt poke the bear here and start with Vince as well... Never ends well for the offender!

[BB]

I thought this was you for a moment then I realized the cabinets were too nice for a double wide

Why were you looking up trannies? That's not a common photo.

Come to think of it, this does kinda look like Castle Hankins -

https://packaged-media.redd.it/mm2kvq89vf5b1/pb/m2-res_164p.mp4?m=DASHPlaylist.mpd&v=1&e=1699473600&s=b2e497fdae1950b07a786dd29f9f2273c3b44b71#t=0 .