Internet Businesses

turmaline · 05-05-2008, 04:38 PM

If you have one, can you write things off at tax time?

AnimalLover420 · 05-05-2008, 05:12 PM

Yes, you can. I don't make enough $$ with my internet shop to really call it a "business", but I have many friends who do. From what I have heard them say, they have to write off every little thing that even remotely has anything to do with their business in order to keep from owing. So even if my little wannabe business does pick up the pace, I'll probably just leave uncle sam out of it.

Prophet Saddam · 05-15-2008, 03:07 AM

Avoid paying the government whenever possible.

matthewmunari · 05-15-2008, 09:48 PM

or else when you go to file disability and you owe, their the only institution i the u.s. that can touch your S.S. check

05-05-2008, 04:38 PM	#1 (permalink)
turmaline YaHookan Join Date: Apr 2008 Location: Canada Posts: 245 Thanks: 1 Thanked 22 Times in 17 Posts	Internet Businesses If you have one, can you write things off at tax time?

05-05-2008, 05:12 PM	#2 (permalink)
AnimalLover420 Love Junkie Join Date: Mar 2005 Location: US Posts: 3,199 Thanks: 3 Thanked 16 Times in 9 Posts	Yes, you can. I don't make enough $$ with my internet shop to really call it a "business", but I have many friends who do. From what I have heard them say, they have to write off every little thing that even remotely has anything to do with their business in order to keep from owing. So even if my little wannabe business does pick up the pace, I'll probably just leave uncle sam out of it. __________________ ************************************** R.I.P. Ken Gorman**

05-15-2008, 03:07 AM	#3 (permalink)
Prophet Saddam Crazy Join Date: Jul 2002 Location: CA Posts: 15,249 Blog Entries: 11 Thanks: 1,378 Thanked 279 Times in 198 Posts	Avoid paying the government whenever possible. __________________ don't blame me, I am voting for Ron Paul

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