Credits and Deductions are 2 completely different things. If you're getting a credit as a new business and only a deduction as an existing business, have a good idea to take the credit and not the deduction. The confusion that has been out there based on the articles I posted and between the different scenarios one calling it a credit, the other a deduction, the credit would be way more beneficial if only for new businesses.
Did you read the articles I posted, both say credit. I got that from a restaurant owner and found the other on some unknown platform called yahoo. That’s a whole different ballgame than a deduction.
It literally was thrown out there before she had anything on her website. Not to mention most people don’t want to find out policies on their website.
I prefer that over no tax on tips. People are lazy today. It’s actually an opportunity for hard workers to get ahead. Not saying it’s great but I respect that more than no tax on tips. It’s a gift to the hard working men and women who are sick of taking care of those who don’t work and live off the government. The issue with it is can someone who works 40 hours at $40 an hour convince their employer to call it 60 hours at a lower rate.
Trump rejects second Harris debate
Republican presidential nominee Donald Trump said there will not be another debate against his Democratic rival, Vice President Kamala Harris.www.cnbc.com
lol
Disagree. She didn’t win on anything that’s going to make lives better. Trump lost on stupid comments. As I’ve said the American people deserve a third debate. But people are going to have 7 weeks of seeing their grocery bill and that will have more of an impact than cats and dogs.
Tax avoidance is perfectly acceptable but the law will never be written in a way that directly or indirectly allows someone to close an LLC and open a new one to claim the deduction. Doing so will be tax fraud. You and your friends know it but it is ok because you won't get caught since it's only $50,000.
Which country do you live in? The laws allow the rich to use bankruptcy to their advantage in the United States of America. If that’s allowed anything is possible. And to be honest I don’t blame them for doing it because the law allows it. They didn’t write the laws. Not to mention I just explain to merge people shutting down their sole proprietorships and opening a LLC to get the pass through deduction. One merge called a good idea.
if trump cant do that one simple thing. cant control himself one time.... why the heck would we want him as president. hes an old man who only cares about his ego. hes now the joe biden that everyone on this board hates
Same thing with Harris if she can’t go into a hostile environment with reporters or moderators who don’t agree with her one time.
Further if she’s afraid of Brett and Martha on Fox how is she going to stand up to world leaders. Answer she is not going to stand up on the world stage at all. Our influence will disappear and more wars will start. Bad choices but at least one gives us a chance of peace and prosperity. I’m against death and destruction so choice is very simple. Democrats missed out by not finding a way for Shapiro to run.
I said my piece on no tax on overtime. I said I like it more than no tax on tips but I also said how easily it can be manipulated.
Tariffs have a place in economic and foreign policy. I don’t have an issue with that. But, the income from tariffs do not come from the country as Trump believes. Do you acknowledge that tariffs are paid by the importer and not the country of Origen?
Btw, who voted for RFKjr to be on the ballot? No one. And yet he is on the ballot. As are other candidates for president from minor party’s that did not have a primary. She is the VP and stands in the shoes should the Prez not continue. This line of argument holds no water.
I said I have no issue of not holding a primary. But don’t have a primary and claim to be the party of democracy and get rid of the choice of the people by drying up the money. Talk about fraud.
I live in a world where I don't justify tax fraud because the "rich" people do it.
you’re conflicting morally correct with following the law as written. If all your friends do everything morally correct you have no friends.
Exactly what I wrote about. Taking a deduction for paying their state taxes that regular people can’t do. So shut down your sole proprietorship. Do the same business opening up a new LLC and being taxed as an S Corp. knowknow said they would never allow you to take a deduction for closing one entity and opening up another. Thats exactly what I was talking about. Landscaper buddy of mine did it and is saving pretty nicely. Laughs how stupid it is costs him a little more to get a business return done but saves close $10k a year.
Well done, Mr. President. Masterful gambit, sir.Trump rejects second Harris debate
Republican presidential nominee Donald Trump said there will not be another debate against his Democratic rival, Vice President Kamala Harris.
lol
nope. she can handle herself as a coherent adult. simple as that.
I meant tariffs can be used and are effective for foreign poikicy purposes. However, tariffs as a revenue generator is lunacy. It ends up being passed along to every consumer.But the numbers which Trump is talking about are much bigger and better than the number of others. Have you favored that in? The tariffs will also be beautiful and wipe out our deficit.
a lot more believable than our pets will be eaten and babies will be killed if kamala wins. talk about deranged.
If you think either of these statements are true, then yes, you are just deranged as believing Trump will end our democracy.
what a dense response lol. i think he thinks they're true and he thinks he can make other people believe they're true. aka derangement.
Very rich you of all people calling anyone else dense. I get what you’re saying. Trump lies about people eating dogs and thinks his followers will believe it. Just like Harris lies about Trump being an existential threat to Democracy and her followers largely believe it. Again, if you believe either, you are deranged.
