> > Ray, so how do you report the income if you arent an actual > business? And what kinds of things could I deduct? Like software, etc? >
Let me start by saying I know nothing about taxes. I pay a tax person to do everything for me. According to her (and my last one as well), any business related expense can be deducted. You just don't want to screw around and say your PS2 is for business. (Although if you were a game reviewer it would count I guess - I almost started doing that.) So, I save things like my Cox Internet bills, all my hard expenses, etc. I think they also take a part of my mortgage payment since I have a home office... but I'm not entirely sure about that. Basically it comes down to - I'd rather spend the money on cool computer crap then on taxes. :) -rc ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Archives: http://www.houseoffusion.com/cf_lists/index.cfm?forumid=5 Subscription: http://www.houseoffusion.com/cf_lists/index.cfm?method=subscribe&forumid=5 Host with the leader in ColdFusion hosting. Voted #1 ColdFusion host by CF Developers. Offering shared and dedicated hosting options. www.cfxhosting.com/default.cfm?redirect=10481 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
