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Income TAX! How do you take care of yours

Discussion in 'BlackHat Lounge' started by Aaric, Aug 3, 2013.

  1. Aaric

    Aaric Elite Member

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    thanks for your time and suggestions.

    for now i am showing 60% profit and 40% expenses.
     
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    Last edited: Aug 3, 2013
  2. Junkfood00

    Junkfood00 Elite Member

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    I scam the government and its allies. How about you?
     
  3. MrBeastsOnToast

    MrBeastsOnToast Jr. VIP Jr. VIP Premium Member

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    With a shit hot accountant. If you are thinking about doing avoidance get the best accountant you can,they are worth every penny when you get audited.

    Tax fraud on the other hand is just a matter of time until you get caught. The best way to deal with tax in any first world country is to bend the rules but never break them. Becasuse the IRS / HMRC etc will get you sooner or later.
     
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  4. Skyebug77

    Skyebug77 Jr. VIP Jr. VIP Premium Member

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    There are two certainties in life;Death And Taxes! You will never escape these.
     
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  5. hardcorebiker

    hardcorebiker Jr. VIP Jr. VIP

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    Hire a CA and pay taxes in time, your life will be stress free.
     
  6. ttavid

    ttavid Jr. VIP Jr. VIP Premium Member

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    Hire a good CPA. You can't just called them on the phone usually you need to be refereed. You also need to pay taxes but a good accountant will help you pay the least amount possible.
     
  7. Aaric

    Aaric Elite Member

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    for now i am showing 60% profit and 40% expenses.

    thank you.
     
  8. Roparadise

    Roparadise BANNED BANNED

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    Im going to create a church to get out of paying taxes.
     
  9. starvinmarvin14

    starvinmarvin14 Regular Member

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    I am part of the FED so I collect all your money and spend it on bitches.
     
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  10. Aaric

    Aaric Elite Member

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    Go ahead.
     
  11. shailzrocks

    shailzrocks Jr. Executive VIP Jr. VIP Premium Member

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    Diversity in bank accounts.

    Never got hit by any IT update so far.
     
    Last edited: Aug 3, 2013
  12. HerpDerpSlerp

    HerpDerpSlerp Power Member

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    Print off applicable receipts, gather applicable write offs, drop them off at accountants....That is pretty much it...
     
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  13. steelballs

    steelballs BANNED BANNED

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    That's how it is these days thanks to the digital age...:eek:
     
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  14. Aaric

    Aaric Elite Member

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    How many years?
     
  15. notrin

    notrin Power Member

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    Getting a good CPA will keep you away from trouble. Never mess with the government. They only want to be the one who does the cheating.
     
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  16. The Scarlet Pimp

    The Scarlet Pimp Jr. VIP Jr. VIP Premium Member

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    false names, mail drops, decoys. :D
     
  17. divok

    divok Senior Member

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    I used to split my income between my 4 retired grandparents , adsense account was on everyone's name and i used rotate it when the tax free limit hit . Then i realized the time spent in avoiding tax is not worth it . So paying taxes regularly now .
     
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  18. Aaric

    Aaric Elite Member

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    I am doing same on top of paying tax on 60% of all incoming money from PP to bank.