Reply With QuoteYup, and you'll get even more back when you get married.
Taxes Rant
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Thread: Taxes Rant
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07-05-2007, 06:00 PM #1Senior Member ELITE MEMBER
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Taxes Rant
Well, I'm just trying to be a good citizen and pay my taxes. My frikin mortgage company is suppossed to escrow my taxes. I've been receiving tax bills sent to my home. County and Municipal taxes. My mortgage broker and I were under the impression that they were all suppossed to be escrowed as it says they are. These are "interim" tax bills. I guess the assessed value of my home went up and made my taxes go up so my escrow cannot cover this. Ridiculous. I've been on the phone for an hour now today and 2 other times this week. There is more to the story but I'm tired of typing. I frikin pay 32% out of my check every week and I never get anything back at the end of the year. I'd imagine this year I will since I bought my first home.
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07-05-2007, 06:38 PM #2Seņor Member ELITE MEMBER
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07-05-2007, 06:46 PM #3happy sumo ELITE MEMBER
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What do yo udo for work? Why not set up a business to protect yourself?
P-side Inc.
"the post-workout high is more profound than any drug-induced rush imaginable." -Dante B.
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07-05-2007, 07:27 PM #4Senior Member ELITE MEMBER
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I work for a company that pays me every two weeks. They take out 401K and pay for my health insurance. When I go on the road they give me a per diem (per day) allowance for food, wash, etc. I can write off if I spend more then what they pay. They give 45$/day. I don't know much about small businesses but if I don't make any revenue can I become a business? Again the house and getting married will give me some sort of tax shelter.
Originally Posted by PreMier
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07-05-2007, 09:32 PM #5Senior Member ELITE MEMBER
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07-11-2007, 02:38 PM #6happy sumo ELITE MEMBER
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well, you could set up something simple like an internet business and structure it as an LLC or sole proprieter(sp?). Then from there show the business as a loss, while writing off things like cell phone, internet/phone, home office etc. You would just need a consultation with a CPA or something, and also an attourney to make sure it was structured properly. But if you make over a certian amount(150-200k+) you have to set up some sort of a business or you will get hosed Originally Posted by Doublebase
P-side Inc.
"the post-workout high is more profound than any drug-induced rush imaginable." -Dante B.
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07-11-2007, 03:09 PM #7Registered User
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Fuck taxes, fuck them in their stupid asses! That's what I say.
I wish my lawn was emo so it would cut itself
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