Tax Question W-9 Forms

[Tommy]

what about write offs, anyone have any good ones that maybe the rest of us didnt think of ???

[Barron]

Originally Posted by Tommy

what about write offs, anyone have any good ones that maybe the rest of us didnt think of ???

Consulting fees.

Anytime you talk to anyone on the phone about business have them give you a reciept for "Consulting". Keep it under 600.00 a year so the person giving you the reciept doesnt recieve a 1099 and have to pay taxes on it.


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[Verbal]

Originally Posted by Tommy

what about write offs, anyone have any good ones that maybe the rest of us didnt think of ???

Postal fees, P.O. Box, etc. I'm always sending stuff certified so it adds up for a nice deduction. Also, my accountant every year always asks if I use my car for business and that I should keep track of my miles, gas, etc. I actually got rid of my car so it's a mute point for me now though.

Also, don't forget the "food and entertaiment" box on your tax forms... ever talk biz during dinner? Take a client out? Business expense.