Register free!
Search
 
     

The Green Industry's Resource Center


Click for Weather
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #18  
Old 11-11-2012, 07:18 PM
White Gardens's Avatar
White Gardens White Gardens is offline
LawnSite Fanatic
 
Join Date: May 2008
Location: Bloomington IL
Posts: 6,769
Quote:
Originally Posted by Kelly's Landscaping View Post
Second rule on lawn site some of us are honest and do not inflate numbers I happen to be one of them. Our first year we took in just under 70K we made closer to 80K but Nov and Dec money tends to arrive after Jan 1st. And after all that hard work what did my partner and I get to keep drum roll please 7k each.
I can relate. Last year we did 70k in business. After expenses and taking full depreciation on my truck purchase, I only took home 17k.

Now, this year, do to higher gross again, no real depretiatable purchases, I'll be taking home a lot more, and turn around and giving Uncle Sam and the stupid state gov't a large chunk of it.



It's probably going to change our tax status also to where we'll have to pay quarterly estimated taxes also. Bastards!




......
__________________
White Gardens On Facebook.......WG Thread......Greencare For Troops......... mywhitegardens.com(under construction)

2005- Completion of University of Illinois Master Gardner's Program.
Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 12:23 PM.

Page generated in 0.17525 seconds with 8 queries