Comment by kevinventullo 6 months ago I dunno, I pay taxes on revenue. 4 comments kevinventullo Reply offnominal 6 months ago Are you a company? If not, then you probably don't have revenue -- you have income. tomrod 6 months ago In the US, unless you are a C Corp then you probably also pay taxes on net income of some form. C Corps have some different accounting, where dividends are double taxed unfortunately.Small business owners are very impacted by the R&D schedule. crvdgc 6 months ago If only I can pay tax just for income - expenses (rent, food, etc.) whichfawkes 6 months ago Do you take a standard deduction?It's clearly not enough to cover all of the expenses that are required to generate your "revenue", but it's a gesture in that direction.
offnominal 6 months ago Are you a company? If not, then you probably don't have revenue -- you have income. tomrod 6 months ago In the US, unless you are a C Corp then you probably also pay taxes on net income of some form. C Corps have some different accounting, where dividends are double taxed unfortunately.Small business owners are very impacted by the R&D schedule. crvdgc 6 months ago If only I can pay tax just for income - expenses (rent, food, etc.)
tomrod 6 months ago In the US, unless you are a C Corp then you probably also pay taxes on net income of some form. C Corps have some different accounting, where dividends are double taxed unfortunately.Small business owners are very impacted by the R&D schedule.
whichfawkes 6 months ago Do you take a standard deduction?It's clearly not enough to cover all of the expenses that are required to generate your "revenue", but it's a gesture in that direction.
Are you a company? If not, then you probably don't have revenue -- you have income.
In the US, unless you are a C Corp then you probably also pay taxes on net income of some form. C Corps have some different accounting, where dividends are double taxed unfortunately.
Small business owners are very impacted by the R&D schedule.
If only I can pay tax just for income - expenses (rent, food, etc.)
Do you take a standard deduction?
It's clearly not enough to cover all of the expenses that are required to generate your "revenue", but it's a gesture in that direction.