It's About Liberty: A Conservative Forum

Topics => General Board => Topic started by: michelleo on April 14, 2011, 09:47:50 PM

Title: Tax Day Cometh
Post by: michelleo on April 14, 2011, 09:47:50 PM
Just got done with taxes.   ::cussing::

Makes heading for the hills, raising yaks, and getting paid not to work sound better and better.
Title: Re: Tax Day Cometh
Post by: rickl on April 14, 2011, 10:03:08 PM
I bought my ticket to Atlas Shrugged last night, because I suspect that opening night is going to be huge and I didn't want to risk it being sold out.

How the movie does after the first night depends on whether or not it's any good, of course.
Title: Re: Tax Day Cometh
Post by: Pandora on April 14, 2011, 10:17:24 PM
Just got done with taxes.   ::cussing::

Makes heading for the hills, raising yaks, and getting paid not to work sound better and better.


Here's what you want: a business that is either failing or has not yet taken off.  Gunsmith's official gunsmithing business afforded us refunds as a not-yet-viable concern.

What. a. f**ked. up. country. that such is rewarded.
Title: Re: Tax Day Cometh
Post by: Pandora on April 14, 2011, 10:17:55 PM
I bought my ticket to Atlas Shrugged last night, because I suspect that opening night is going to be huge and I didn't want to risk it being sold out.

How the movie does after the first night depends on whether or not it's any good, of course.

We're going tomorrow night, too.  We'll see ........
Title: Re: Tax Day Cometh
Post by: Alphabet Soup on April 14, 2011, 10:22:03 PM
Just got done with taxes.   ::cussing::

Makes heading for the hills, raising yaks, and getting paid not to work sound better and better.


Me too... >:(

This was the first time in 28 years that I haven't claimed "head of household". Very odd sensation - also very expensive.
Title: Re: Tax Day Cometh
Post by: Libertas on April 15, 2011, 08:04:57 AM
Taxes suck!

 ::rant::
Title: Re: Tax Day Cometh
Post by: charlesoakwood on April 15, 2011, 02:27:02 PM

(http://www.barnhardt.biz/blogimages/TaxDay.jpg)

Title: Re: Tax Day Cometh
Post by: BigAlSouth on April 15, 2011, 03:11:13 PM
<snip>

Look on the bright side. At least the guy didn't have to bend over . . .
Title: Re: Tax Day Cometh
Post by: John Florida on April 15, 2011, 03:18:48 PM
I just mailed out the check earlier today and I'm still shell shocked. ::falldownshocked::
Title: Re: Tax Day Cometh
Post by: hemm on April 17, 2011, 07:45:02 AM
Fox was touting a witehouse (sic) dot org website where you can go and put in all your personal info and instantly see where your tax dollars go...........

now, why is it all kinds of red flags bells and whistles are going off in my head......... ::foilhathelicopter::

I ain't linking it, and damn sure putting my info in anything that da wun is touting.........
Title: Re: Tax Day Cometh
Post by: Sectionhand on April 17, 2011, 07:48:42 AM
The whole tax code could be scrapped and re-written on a page and a half , typed and triple spaced !   ::angry::
Title: Re: Tax Day Cometh
Post by: rickl on April 17, 2011, 07:54:31 AM
Fox was touting a witehouse (sic) dot org website where you can go and put in all your personal info and instantly see where your tax dollars go...........

That sounds like a great idea to me.  Maybe I'll list all the blogs I read while I'm at it.

/
Title: Re: Tax Day Cometh
Post by: Predator Don on April 17, 2011, 08:27:01 AM
I took a deduction this year I've never done in the past. I used tournament fishing as a second job and wrote off all my expenses.

I've never done this before, this is my hobby and I do not consider it a "job", but my brother and I won several thousand dollars each (team fishing) and we were givin 1099's.Sooooo, taxes had to be paid.

I don't know why, but at first it gave me a weird feeling...like I was doing something wrong. I keep up with all my expendatures anyway and the total is several thousand dollars per year.....Fishing is an expensive hobby...LOL

Saved me some money but honestly, it makes me sad to think, because of our idiotic tax code, I had to consider this and act upon it.
Title: Re: Tax Day Cometh
Post by: AmericanPatriot on April 17, 2011, 08:46:50 AM
I like the Fair Tax
Title: Re: Tax Day Cometh
Post by: Sectionhand on April 17, 2011, 08:49:24 AM
I took a deduction this year I've never done in the past. I used tournament fishing as a second job and wrote off all my expenses.

I've never done this before, this is my hobby and I do not consider it a "job", but my brother and I won several thousand dollars each (team fishing) and we were givin 1099's.Sooooo, taxes had to be paid.

I don't know why, but at first it gave me a weird feeling...like I was doing something wrong. I keep up with all my expendatures anyway and the total is several thousand dollars per year.....Fishing is an expensive hobby...LOL

Saved me some money but honestly, it makes me sad to think, because of our idiotic tax code, I had to consider this and act upon it.

You should think about giving up your "Amateur Status" ...
Title: Re: Tax Day Cometh
Post by: John Florida on April 17, 2011, 09:01:11 AM
Fox was touting a witehouse (sic) dot org website where you can go and put in all your personal info and instantly see where your tax dollars go...........

now, why is it all kinds of red flags bells and whistles are going off in my head......... ::foilhathelicopter::

I ain't linking it, and damn sure putting my info in anything that da wun is touting.........

 You would probably end up on a possible donor list.
Title: Re: Tax Day Cometh
Post by: Predator Don on April 17, 2011, 09:04:20 AM
I took a deduction this year I've never done in the past. I used tournament fishing as a second job and wrote off all my expenses.

I've never done this before, this is my hobby and I do not consider it a "job", but my brother and I won several thousand dollars each (team fishing) and we were givin 1099's.Sooooo, taxes had to be paid.

I don't know why, but at first it gave me a weird feeling...like I was doing something wrong. I keep up with all my expendatures anyway and the total is several thousand dollars per year.....Fishing is an expensive hobby...LOL

Saved me some money but honestly, it makes me sad to think, because of our idiotic tax code, I had to consider this and act upon it.

You should think about giving up your "Amateur Status" ...
So......If I tout myself as professional I can write it off forever? No limitations?
Title: Re: Tax Day Cometh
Post by: AmericanPatriot on April 17, 2011, 11:40:39 AM
Woo hoo!!!
Just finished. Went from owing $600 to $700 refund.
Not quite sure how.
I was using TaxAct.

Predator Don. In order to get no limitations, you may need to form an entity: LLC or Sub S corp.

I am not an accountant nor play one on TV
Title: Re: Tax Day Cometh
Post by: Sectionhand on April 17, 2011, 01:01:30 PM
I took a deduction this year I've never done in the past. I used tournament fishing as a second job and wrote off all my expenses.

I've never done this before, this is my hobby and I do not consider it a "job", but my brother and I won several thousand dollars each (team fishing) and we were givin 1099's.Sooooo, taxes had to be paid.

I don't know why, but at first it gave me a weird feeling...like I was doing something wrong. I keep up with all my expendatures anyway and the total is several thousand dollars per year.....Fishing is an expensive hobby...LOL

Saved me some money but honestly, it makes me sad to think, because of our idiotic tax code, I had to consider this and act upon it.

You should think about giving up your "Amateur Status" ...
So......If I tout myself as professional I can write it off forever? No limitations?

I was kidding ... but , I suppose if you wanted to file that way and you showed a loss or just break even in the endeavor you probably could . Check with a good tax lawyer ... preferably one who plays golf .
Title: Re: Tax Day Cometh
Post by: John Florida on April 17, 2011, 01:37:10 PM
I took a deduction this year I've never done in the past. I used tournament fishing as a second job and wrote off all my expenses.

I've never done this before, this is my hobby and I do not consider it a "job", but my brother and I won several thousand dollars each (team fishing) and we were givin 1099's.Sooooo, taxes had to be paid.

I don't know why, but at first it gave me a weird feeling...like I was doing something wrong. I keep up with all my expendatures anyway and the total is several thousand dollars per year.....Fishing is an expensive hobby...LOL

Saved me some money but honestly, it makes me sad to think, because of our idiotic tax code, I had to consider this and act upon it.

You should think about giving up your "Amateur Status" ...
So......If I tout myself as professional I can write it off forever? No limitations?

I was kidding ... but , I suppose if you wanted to file that way and you showed a loss or just break even in the endeavor you probably could . Check with a good tax lawyer ... preferably one who plays golf .

 He should be able to write off the boat fuel and equipment and trip expenses.
Title: Re: Tax Day Cometh
Post by: Alphabet Soup on April 17, 2011, 02:12:38 PM
Quote
Fox was touting a witehouse (sic) dot org website where you can go and put in all your personal info and instantly see where your tax dollars go...........

So I could plug in Øbozo's info and find out where he's been squandering his ill-gotten gains?  ::rolllaughing::
Title: Re: Tax Day Cometh
Post by: John Florida on April 17, 2011, 02:42:06 PM
Quote
Fox was touting a witehouse (sic) dot org website where you can go and put in all your personal info and instantly see where your tax dollars go...........

So I could plug in Øbozo's info and find out where he's been squandering his ill-gotten gains?  ::rolllaughing::

 It's not like you're ever going to get the truth-truth.
Title: Re: Tax Day Cometh
Post by: hemm on April 17, 2011, 04:00:13 PM
I like the Fair Tax

Yes. Me too.....but doubt I will live to see the day.
Title: Re: Tax Day Cometh
Post by: Libertas on April 18, 2011, 08:41:43 AM
The whole tax code could be scrapped and re-written on a page and a half , typed and triple spaced !   ::angry::

Funny, I mailed all the pol's back in the 80's my idea...I figured then if we needed a tax for essential services (primarily national defense and a minimum structure of government) let go to a flat tax, one low rate for all people and all corporate entities...made up a simple form on a postcard.

Now, screw them!  I'd like the whole code junked and taxing authority returned to local control.  Let the Fed's lobby the states for funds and the states lobby the municipalities!  The flow is the wrong damn direction!