Re: OT: Business Income TAX?

Posted by Matt Clark on November 18, 2003 at 06:01:45 from (12.30.136.108):

In Reply to: OT: Business Income TAX? posted by Rod M1 on November 15, 2003 at 19:50:20:

I guess the wife and I will find out pretty soon. In August, she opened a women's only fitness club and is going great guns. Probably (next year, anyway) have about $70K or better in revenue. Unfortunately, as we don't "sell" anything, and most of these members have the fees deducted directly from their checking accounts, can't "hide" anything and it's all taxable...sheesh. I figure, overall, we'll probably have to fork over about %33 to the gov. between state & fed taxes and FICA, both sides. It ain't gonna be pretty next year, but at least she can't bi**h about the boss!

Follow Ups:

Post A Followup Name: E-Mail: Subject: Re: Re: OT: Business Income TAX? Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]