Larry you guys getting even more?
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Larry you guys getting even more?
http://img.tapatalk.com/d/14/02/16/7anysuju.jpgQuote:
Originally Posted by dawdaw
You mean today?
LTXtech.com is my drug.
http://img.tapatalk.com/d/14/02/16/ybu6a8yj.jpg
LTXtech.com is my drug.
^ Lol
Sooo we narrowly saved our own asses this year on taxes. At first our guy told us we were going to owe $1100 :eek: so I decided to tell him about my Opti-Armor sales and let him work his magic. He got it to where we were going to get $356 in return now, and his fee was $350, sooo we got $6 back this year lmao. I need to change my W2 or W4 or whatever it is at work. Apparently we got so screwed because mine is still showing 3 deductions from when Monika wasn't working yet. Need to set both of ours to only 1 for next year and we'll be good.
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I have my taxes set up.to gamble.the line of owing. I hate using the govt as a savings account to hold my money... I want my money amd i want it now... Ill create.my own savings accounts.
Btw...are u a registered business for the opti armor?
LTXtech.com is my drug.
Not yet, but he said it might be a good idea to legitimize it as an LLC this year. I tend to run my taxes about the same, right on the line of breaking even. Just forgot to switch my W4 when Monika started working.
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There's no need to go LLC. Just do a sole proprietorship. Zero cost, and all the tax benefits.Quote:
Originally Posted by Blackbird96WS6
I agree with u both. U should make it legit... and unless u feel that u will grow to the point where u need to protect urself from personal.to professional assets dont bother with the LLC.
LTXtech.com is my drug.
That's what he filed it all under this year. There's pros and cons to each side, though. Sole proprietorship = no cost for me, but LLC = protection if anyone decides to act like a nutjob and try to sue me over an Opti-Armor. I'm gonna see how sales keep up through this Spring and make a decision based on if it seems to be growing or not.Quote:
Originally Posted by firebird_1995
An LLC costs $500 in Illinois to set up. Every year its another $250 to renew. Your solution is simple. "For off road use only"