I heard

I heard that if you have a business, you could, for example:

1. Buy a car, and all business-related expenses is deductible.
2. Entertain your client/vendor, deductible
3. Treat all your employees (even if it's only yourself) to a gift, if it's C-corp
4. Un-realized gains are not taxable, such as asset appreciation
5. Non-professional service companies pay tax on it's own schedule, and this saves on tax

The problem is that not everybody is suitable to start/run a profitable business.

所有跟帖： 

• 回复：I heard -havingfun- ♀ (431 bytes) () 04/08/2010 postreply 20:47:56

• what do you mean "Those deductions are 'exchanged' by paying way -dukejas- ♀ (0 bytes) () 04/08/2010 postreply 21:46:16

• In order to deduct the expenses, you need to pay self employment -havingfun- ♀ (0 bytes) () 04/08/2010 postreply 21:59:18

• self employment tax is based on net business income -H&CMom- ♀ (113 bytes) () 04/08/2010 postreply 22:15:20

• Understand your point -havingfun- ♀ (307 bytes) () 04/08/2010 postreply 23:02:19