US tax madness
US tax madness
Out of context: Reply #54
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- babaganush0
So you've already paid tax on your 30k deduction? If not, surely your accountant is doing you a favour by finding 30k worth of deductions (and tyelling the government they were needed for you to be in business and are not taxable) leaving you only 1k worth of profit to be taxed on? which is either genius or incredibly dumb.
I can't think of any other way it could work. Especially as so many that have commented are in the same boat. Can it really be that you are Keanu Reeves/Neo and the rest are walking around in a false reality?