Desperate Deductions

[David Andersen]

Dude---if you're a sole proprietor, making less than $150,000 a year,  
and you own a house, and operate normally, you shouldn't really be  
paying much tax at all except self-employment tax (Social Security)  
which is around 14% of your net taxable income. You need a better,  
more aggressive, yet totally honest tax person. Do you have SEP and  
Roth IRAs? Do you charitably give? You need help. Yes. Come to  
Convention and immerse yourself in business classes; buy Randy Potter  
a good dinner and pick his brain; get on the stick. Use that money in  
a better way.
Best,
DA


On Apr 20, 2008, at 5:39 AM, PJR wrote:

> I just got finished with writing out the biggest check I have ever  
> written, and it was to the IRS.  I gotta get me some deductions for  
> next year!   I figure I better get my butt out to the convention  
> this summer.  I know most of us are not tax attorneys, but could  
> someone make me feel good and tell me about all the good deductions  
> I can take by going out there?   How about if I buy me one of those  
> carbonated tuning hammers?  Can I deduct that?  Disneyland?  I need  
> deductions.........
> Phil Ryan
> Miami Beach

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