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I'd just like to add that there are costs to doing business that you can claim that are well within your right. I'm not a tax or legal specialist but things lik
by messel 16y ago
I'd just like to add that there are costs to doing business that you can claim that are well within your right. I'm not a tax or legal specialist but things like servers, shipping costs, and your unpaid time may all be deductible to balance against your revenue.
It's worth it to hire an accountant to make sure your business is crystal clean, and that you're not penalizing yourself unnecessarily.
- patio11 16y agoyour unpaid time Not deductible in the US. It isn't a close question, either.
- euroclydon 16y agoWhen talking about time and pay, it's important to remember that if the business has revenue, there better be someone getting paid, for corporations that is.