Exactly, what's wrong with being honest with taxes? They actually
aren't that hard to do, just keep good documentation. Any money you
want to "keep" from the government you can do by simply re-investing
in the business, spend money on stuff to grow it, etc.

-niko

On Aug 5, 9:50 am, John Coryat <[email protected]> wrote:
> >>  charge yourself rent, hire your kids to empty the trash
>
> According to my father, an enrolled tax agent, those two things (rent,
> paying your kids) are red flags to our favorite government agency. Rather
> than pay rent to yourself, which you also have to claim as personal income,
> it's better to have a home office and deduct the cost.
>
> -John Coryat

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