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...so far, anyway, compared to just a little while ago when I thought we were sunk. I only have to pay $618 for 1st and 2nd q estimated taxes, and 1q is zero, so it's not late. We're getting back $2200 for 2007, minus their late bite, and $6500 for 2008, which our accounting firm filed an extension on, so it's not edible. A good CPA is worth his weight in, umm...Starbuck's coffee, I guess. I wouldn't have known to claim earned income credit of $1750 for Jenny.
It's an uphill slide, but next year is going to be much better, starting with next week when the little cunt's child support scam is over.
"DENISE!!! HOW CAN YOU CALL YOUR DAUGHTER A CUNT?!?"
See IRS form 8379. She ain't my daughter.
Aviation gets a writeoff even if it doesn't make a dime, because it's part of the same company, which was why we called it "ADM AERO Transportation Services" instead of "ADM AERO Trucking". Maybe I can't work, but I can still sit here and think. I took an airplane out of my name and put it in the company's, and it's available for rental. Now we get a huge break on the cost of owning it. We could probably even make a profit just by depreciating it, but then we'd have to buy another one at the end of its term. Maybe a bigger one. Or a faster one. hehe Maybe buy a beater, just good enough to rent out, and write off a loss while we hire a Mexican to reupholster it. I can't say enough good things about having good tax people. For $75 an hour, they'll tell me how to do it. The IRS isn't as evil as they used to be, either. They actually told me that I overpaid last year and sent me money back. Of course I still had to pay tax, but it's nice to get a check that you're not expecting.
Most small businesses fail in their first year. We're halfway through our second, so we have a good chance of making it, if the government holds together. I learned the most important thing about starting a business, since location doesn't matter to us...have some lucrative contracts lined up before you tell your boss to fuck off. That way, your venture capital doesn't get sucked down the debit card machine at Kroger, and used up like toilet paper.
Don't tell me any bad news today, now. I'm high on painkillers, feeling good, watching TV until I pass out, then all I have to do is get Jenny to drive to the post office and mail my tax shit. Sometimes, getting yourself injured and fucked up has its advantages. I sure wouldn't have made it without Tony, though, even if I have to sacrifice most of his time to the truck.
-denise
It's an uphill slide, but next year is going to be much better, starting with next week when the little cunt's child support scam is over.
"DENISE!!! HOW CAN YOU CALL YOUR DAUGHTER A CUNT?!?"
See IRS form 8379. She ain't my daughter.
Aviation gets a writeoff even if it doesn't make a dime, because it's part of the same company, which was why we called it "ADM AERO Transportation Services" instead of "ADM AERO Trucking". Maybe I can't work, but I can still sit here and think. I took an airplane out of my name and put it in the company's, and it's available for rental. Now we get a huge break on the cost of owning it. We could probably even make a profit just by depreciating it, but then we'd have to buy another one at the end of its term. Maybe a bigger one. Or a faster one. hehe Maybe buy a beater, just good enough to rent out, and write off a loss while we hire a Mexican to reupholster it. I can't say enough good things about having good tax people. For $75 an hour, they'll tell me how to do it. The IRS isn't as evil as they used to be, either. They actually told me that I overpaid last year and sent me money back. Of course I still had to pay tax, but it's nice to get a check that you're not expecting.
Most small businesses fail in their first year. We're halfway through our second, so we have a good chance of making it, if the government holds together. I learned the most important thing about starting a business, since location doesn't matter to us...have some lucrative contracts lined up before you tell your boss to fuck off. That way, your venture capital doesn't get sucked down the debit card machine at Kroger, and used up like toilet paper.
Don't tell me any bad news today, now. I'm high on painkillers, feeling good, watching TV until I pass out, then all I have to do is get Jenny to drive to the post office and mail my tax shit. Sometimes, getting yourself injured and fucked up has its advantages. I sure wouldn't have made it without Tony, though, even if I have to sacrifice most of his time to the truck.
-denise