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Registered
Join Date: Jun 2004
Location: Colorado
Posts: 850
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I hate tax season.
That is all.
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83 SC (gone) / 72 T (gone) |
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Sonic's Tax Tips #187: Claim a Section 179 and depreciation deduction on the Porsche. Find a way to work it in as a business expense.
Sonic's Tax Tips #190: Save the receipts on repairs for the Porsche. Deduct these too, along with oil and gas. ![]() |
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Taxes in general suck a$$ - what sucks even more is when the tax collector send you the wrong bill - you pay it and then they refund the money to the previous owner.
Their mistake though - I still got my money back. Idiots...
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-The Mikester I heart Boobies |
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,517
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Try being self employed. Tax season is then 4 times per year, and you pay double social security. Ahhhh retirement...it's soo much better!
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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Buy them, sell them
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I'm fighting a Tax beef here in Aus right now.
Lucky for me - I'm being audited back to the FY-ending '01. ![]()
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1931 Oakland Eight Special Saloon 1985 BMW E28 525e (Euro 528e) 1989 911 Carrera Sport 3.2 G50 Cabriolet |
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Join Date: Jun 2004
Location: Colorado
Posts: 850
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8pm ... april 13th... i break away from 1040, 1065, 1120S, returns to see various "tax" related threads on Pelican.... bummer...maybe a sign? not much sleep lately... definitely none tonight...
I *****in hate tax season.
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83 SC (gone) / 72 T (gone) |
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Non Compos Mentis
Join Date: May 2001
Location: Off the grid- Almost
Posts: 10,594
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It's extension time for me.....
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Registered
Join Date: Dec 2004
Location: san jose
Posts: 4,982
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just finished, including my 3 kids because they have jobs and school.
my effective tax rate was 13.65% for the Fed, 5% for the State - not quite as low as George W or John K, but I don't have all those tax shelters And why does the State return take twice as many forms as Fed?
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steve old rocket inguneer Last edited by stevepaa; 04-13-2005 at 07:36 PM.. |
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