Quote:
Originally Posted by seolman
No matter what advice you get off this forum - nothing beats a good tax accountant for advice on how to get your business structured.
|
I locked my keys in the car, in front of a parking meter where I paid for 20 minutes. I had more change, but it was in my car. So I waited for the meter maid to come by, waved him down, and explained the situation. So he promised not to give me a ticket, then after talking abut my options, he said he had one of those pick-your-locks things they slide down next to the window. Only, he didn't really know how to use it, and wound up breaking my window. Turns out meter maids aren't insured to do that, and while I got back into my car before someone stole it, I also bought a new window and paid someone to put it in. Turns out if I called AAA, they would have sent someone to pick my locks, who knows how, but someone who's insured, so if they break something, it's their problem not mine.
I could give you some advice here. Write off your food, call it a business expense, say you can't work if you don't eat. Someone already tried that, the IRS wasn't happy, and she got hit with like $15,000 in back taxes and penalties. So you probably don't want to try it, even though it's written in black and white right here in this thread. The thing is, I'm not qualified to give legal or tax advice, so you would be foolish to take any from me. And I think that goes for most of the people on this forum. If one of us gives you bad advice, and it costs you, well, that's your problem. If a professional accountant gives you wrong advice and signs off on it, you have a layer of protection. That's worth paying for.
Sounds like you already agree, but I just wanted to highlight the importance
of seolman's advice. Hopefully people can give you a lot of good ideas to talk about with a pro, but we're all idiots. And if you're in the US, tax laws are so big and complicated, you could break your foot by dropping the printed law.
