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Old 12-06-2012, 10:48 PM
clayslandscape clayslandscape is offline
LawnSite Senior Member
 
Join Date: Dec 2011
Location: Blackstone, Va.
Posts: 435
End of Year Purchases

My accountant and I sat down today. I had total sales of roughly 85k and after overhead is taken out, I cleared about 35k. My accountant says I need to spend quite a bit before Dec. 31.

My question is, what do you guys spend end of the year money on typically? I don't have anything I really need besides a snow blower which I will get.

Do you all have to show that you did not have a profit each year in order for the taxes to not eat it up?
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