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Old 02-12-2012, 09:36 PM
Creative Cuts Creative Cuts is offline
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Taxes

I need some input on correctly filing taxes, how to claim employees, write-offs, everything to be legit. I file for my business but not sure if i'm filing correctly.
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Old 02-12-2012, 09:48 PM
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JB1 JB1 is online now
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Originally Posted by Creative Cuts View Post
I need some input on correctly filing taxes, how to claim employees, write-offs, everything to be legit. I file for my business but not sure if i'm filing correctly.


you really need to go talk to a cpa or some tax professional. for legitimate information.
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Old 02-12-2012, 09:49 PM
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mowerbrad mowerbrad is offline
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I don't believe anyone on here is a CPA (I could be wrong).

You are going to want to go talk to your accountant. Every person's business is different, you want to make sure that you are doing everything right for YOUR business.

I know its probably not the answer you were looking for but just go talk to your CPA.
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Old 02-12-2012, 10:07 PM
Greenery Greenery is offline
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Taxes? Um what are those?

Did you mean taxis, I know what those are, I use them at the end of each month. They bring me to pick up my check.
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Old 02-12-2012, 10:20 PM
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weeze weeze is offline
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talk to a cpa or use something like turbo tax that walks you through it step by step.
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Old 02-12-2012, 10:41 PM
Mikegyver Mikegyver is offline
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I don't think Turbotax will cut it on business taxes. Find a good CPA and take good care of him or her. I have a really good one and he charges me peanuts for my quarterlies....its awesome and all I have to do is sign on the line, make a check out, and lick the envelope shut. They will answer all your questions and have ways of paying less i.e. finding exemptions.... especially on personal taxes. Generally they pay for themselves.
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Old 02-12-2012, 10:46 PM
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they have a turbo tax for small business owners. it does your personal and business all in one. it's good for a solo operation. maybe not so good for a big company.
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Old 02-12-2012, 10:58 PM
Mike1977 Mike1977 is offline
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cpa, for sure. cost 150 or a bit more, doing it right, priceless. more likely you'll get extra $$ using a cpa.
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Old 02-13-2012, 09:02 AM
Mikegyver Mikegyver is offline
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Jason,
It may do both but I doubt it does much other than federal income tax. Typically you don't file federal income taxes on businesses. Usually its done through the owner(s) taxes. Turbo tax won't make up w2s 1099s payroll etc. Accountant all the way!!!
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Old 02-13-2012, 09:33 AM
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417lawncare 417lawncare is offline
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Hiring a CPA is the best option, hope you saved your receipts, kept track of your mileage, etc. Ohh yeah btw hiring a CPA is a deduction also.
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