Quote:
Originally Posted by Gravydoo II
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I like how you have to make up an alternate time line of exactly how a business does not work. Makes you sound really stupid, like you dont understand anything at all.
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Actually, that is exactly what the dipshit making macaroons doesn't understand in this scenario. Obviously you've never worked in accounting administration. There are a ton of costs beyond materials and labor. Sorry you're too stupid to understand that.
When you make and sell wood products out of your house, are you allocating a percentage of your power bill, a percentage of your mortgage (rent), amortizing your equipment, allocating a percentage of your communications costs, and tracking web advertising costs, the material costs, as well as the consumable materials like sanding discs, nails etc to write off against your cash-flow profit, or are you just stealing from the rest of us by pocketting the cash flow and not reporting it on your taxes?
Are you using accounting software which would be expendable, as well as qualifying your PC as an expense.
Are you submitting your expected 1099-misc withholdings quarterly like you're legally required to so as well?
Can I come over to your place and use all your equipment? I'll bring my own wood,so it doesn't cost you anything.