US tax madness

Out of context: Reply #23

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  • TheBlueOne0

    If you made $31,000 dollars on the year you'd be paying taxes on that, not the $1,000...I'm still lost on what your accountant is doing as per your initial description...

    From that 31,000 you'd deduct all (or most) the direct business costs...so...and wouldn't you bill your clients directly for costs related to their projects anyway??

    • i understand that, but no matter how u name it it's still a simple math: You made A; you spend B, you end up with $1000.pr2

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