So... how much did you just fork over to the IRS yesterday?

[Aznxmtg]

Fuck being a slave for the government.

 

[Deliguy]

I got a 1.2k tax return. My first tax return in over 8 years
The company wasn't so lucky. I was really hoping the company taxes would be low with it being its first year and the copious amounts of startup deductions, but noooooope

 

[DaVJ1]

stop whining, I've to pay over 60% in taxes....

 

[Fastb]

I've over payed every year for 14 years and both times that I have been audited they had to credit me back for deductions I didn't take. They pretty much quit auditing me because they know I overpay.

 

[guerilla]

I paid up $8,000 cash. Worst week of my life.

$8k cash is chump change for taxes.

 

[avatar33]

How do you guys manage your expenses all year long? (particularly Paypal and other electronic expenses)

 

[ly2 from WF]

stop whining, I've to pay over 60% in taxes....

someone has to pay for the free healthcare bro

 

[jacky8]

I bet you guys deduct your mfc expenditure as business expenses

 

[macromj88]

I've over payed every year for 14 years and both times that I have been audited they had to credit me back for deductions I didn't take. They pretty much quit auditing me because they know I overpay.

Couple of examples of deductions you missed? Or any other creative ways to get that bill lower?

I definitely feel like I overpaid

 

[efeezy]

I bet you guys deduct your mfc expenditure as business expenses

Nope, but I deduct all of my Fleshlights as "Business Entertainment".

As long as I'm strokin it while building websites, there shouldn't be a problem.

 

[jeffrey]

Where's the option for $0?

 

[robbie222]

paid over 6 figs

 

[geofferson]

Owe the IRS money and want to take a trip?

Owe The IRS? Bill Would Suspend Passport Rights For Delinquent Taxpayers « CBS Los Angeles

Sounds like this bill is close to getting passed. For now its on $50K+ owing, but seems likely the threshold will drop after its through. ..

 

[Sharksfan]

someone has to pay for the free healthcare bro

Our S-Corp paid about $119,000 for 9 employees + family members to be on insurance for the year.

Sign me up for the single payer free health care...oh wait, it won't be free then either.

 

[clyde]

I just found out I don't have to pay any taxes on any foreigh-sourced income = 0 tax.

Time to work.

 

[Dwight Schrute]

Where's the option for $0?