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Taxes are done!

Discussion in 'Business Operations' started by 65hoss, Mar 3, 2001.

  1. 65hoss

    65hoss LawnSite Fanatic
    Posts: 6,360

    In all my expansion for FY 2000, it allowed me to limit my tax liability. As weird as this may sound, I am very happy with my tax situation this year. For the 1st year in a long time, I did not need a drink afterwards! :)
  2. jrblawncare

    jrblawncare LawnSite Senior Member
    Posts: 445

    Hoss I know how you feel,2000 was my first year at this full time,we made out well too.
  3. slplow

    slplow LawnSite Senior Member
    Posts: 354

    Seeing our Tax guy today (Sunday) pray for us!!!! LOL We have a new deduction = 10 month BABY.... I am not sure it is worth the deduction yet, ha, ha. (no sleep!!)
  4. linky

    linky LawnSite Member
    Posts: 151

    This was also my first year full time and i came out pretty good. Thank God!
  5. 65hoss

    65hoss LawnSite Fanatic
    Posts: 6,360

    Only problem is 2001 is going to suck. I expensed all my equipment for 2000. I've either got to pay uncle sam or buy more equipment.

    I wonder if my race car motor could be deducted maybe as advertising expense?? haha.

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