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>My ideas are simple ones, I like them, maybe they will grow big someday but while they are small going legal means I will pay more in taxes (time for bureaucra
by mistercow 14y ago
>My ideas are simple ones, I like them, maybe they will grow big someday but while they are small going legal means I will pay more in taxes (time for bureaucracy is not free IMO) than I earn.
You will never pay literally more than you earn because that's not how taxes work. If you're just talking about the extra time it takes to do your taxes, it's really not that bad. Keeping track of how much you make and spend isn't very difficult when everything is electronic and records are stored for you. Plus, you need to do that anyway for the sake of your business. Get some basic tax software, enter in how much you made and how much you spent. Pay what the program tells you to pay.
- daliusd 14y ago"You will never pay literally more than you earn because that's not how taxes work" - if you live in normal country I would add. While I agree with the rest.