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o.k. guys...i've been self employed for..daaamn!..
i just realized..over half my life this year!haha
jim, i almost mentioned this when you were having
to wrestle w/ taxes.
you DO know, that whover holds the biz license for AM
(please tell me you have one...) can deduct expenses as
"biz startup" down to the pencils and gas to the office max...
i have a biz license as "zenpool". for that $20, i deducted
all my keys, computer and software this year, and received
a $7000 refund.
next year, the same stuff amortizes 10%, so $6700.
plus next year, i get to deduct the cost of replicating my cd,
my new mixer, roland fantom, and even the sq.ft of the
spare bedroom the equipment occupies as office space.
anything that pertains to the music biz.
the govt. says i "have to be showing an attempt to profit".
w/ 5 years grace to do so.
cdbaby, towerrecordsonline, weedshare does that.
"the shingle's out".
it's a simple matter to obtain a new license under a different
name at the end of the 5 years.
so, do that and the station's free after your being
reimbursed by the gub-ment. the more server space, the larger the refund.
oh yeah... DON"T DO YOUR OWN TAXES!
a good accountant makes and saves you $$,
much more than they cost.
besides, they have to go to court w/ you if you're ever audited.
ok...something to sell.....
k
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