Re: Hard working? Rant mode Re: W. on the Environment

[Dan Minette]

----- Original Message -----
From: John D. Giorgis <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Tuesday, May 22, 2001 8:14 PM

> How's that?   Don't you count as a small business and qualify for all
those
> deductions?
> I know that the US has a cottage industry in tax planners encouraging
> people to set up "small businesses" as a tax break.
>

Well, I pay double SS.  The deductions are not quite what they are touted to
be.  If you cheat, and claim half your house as an office, then maybe.  But,
the actual rules are quit strict.  I deduct the cost of my business, and I
may very well claim my office...I don't know if 1% use for other purposes
really disqualifies it...and I deduce business miles. I have talked to a tax
accountant and he basically reminded me just how strict the rules are.

Dan M.