You are viewing a single comment's thread from:

RE: An Unexpected Christmas Present and How To Pay Less Tax

in #music7 years ago

Ug...every year we go through this! Since we have an S-corp, we pay the taxes for the business personally. So then we have to spend money on things that perhaps we may need in the coming year, otherwise it goes to the IRS. Of course, it's not dollar-for-dollar in the end: we only get to write off what % our tax bracket is. But we consider it as getting a really good deal on something. And not giving it to the Feds. Win-win.

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.030
BTC 68010.47
ETH 3258.17
USDT 1.00
SBD 2.68