回复:I heard

The purpose for starting a business is to make profit. Once the business or I should say a small business is profitable, it has to pay self employment tax or payroll tax, and then the remaining profit will be carried to your personal tax return. Those deductions are 'exchanged' by paying way too much in taxes.

Anyone takes a closer look at case scenarios for a profitable small business will know what I mean, I believe.

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what do you mean "Those deductions are 'exchanged' by paying way -dukejas- 给 dukejas 发送悄悄话 dukejas 的博客首页 (0 bytes) () 04/08/2010 postreply 21:46:16

In order to deduct the expenses, you need to pay self employment -havingfun- 给 havingfun 发送悄悄话 (0 bytes) () 04/08/2010 postreply 21:59:18

self employment tax is based on net business income -H&CMom- 给 H&CMom 发送悄悄话 H&CMom 的博客首页 (113 bytes) () 04/08/2010 postreply 22:15:20

Understand your point -havingfun- 给 havingfun 发送悄悄话 (307 bytes) () 04/08/2010 postreply 23:02:19

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