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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (607029)4/7/2011 4:30:25 PM
From: Tenchusatsu1 Recommendation  Read Replies (1) of 1580131
 
Bentway, > I suggest you Google "corporate tax deductions"! Once you've taken all THOSE, you DON'T have any net income, but you've paid yourself nicely!

I know the concept, Chris, but I'm not impressed by "self-employed" deadbeats who incorporate just to declare their living expenses as "corporate tax deductions."

I would be impressed if your little "Be your own boss" venture actually brought in significant revenue (before taxes and expenses), but it doesn't sound like you have any to speak of.

Like I said, if the only reason you incorporated is to dodge taxes on whatever break-even income you're making, then perhaps you are the real fool here. Or a proud underachiever.

Tenchusatsu
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