Right, the restrictions are different, but with a corporation, you don't make a dime, so it doesn't affect either one. Now getting the money back to yourself can be a bit tricky, but trust me, it can be done without significant expendature. If you decide to reinvest it, like I'm doing, then no problem. If you have things set up so that you will show personal income on a 1040, you are making a big mistake in my opinion. Like I say, talk to an experienced accountant, and they can walk you through it all. If you are trying to do all this yourself, you are gonna blow some toes off.
----- Original Message ----- From: "Thomas Ward" <[EMAIL PROTECTED]> To: "Gamers Discussion list" <[email protected]> Sent: Wednesday, May 31, 2006 10:46 AM Subject: Re: [Audyssey] conspiricy theory, the future of the blind gaming industry > Hi, Che and all. > I'd like to point out that the rules are different depending on if you > have SSI or SSDI. SSDI is much more flexible with making outside income > than is streight SSI. With SSI they really cut you if you make any money > out side of SSI with SSDI it depends on what your maximum cap is. > I'm currently looking at all this with regards to USA Games, and it is > really a ppain. > > > Che wrote: >> In regards to income for the disabled, my accountant and I took a look >> at >> several options for tax shelter, as well as avoiding any trouble with >> SSDI. >> I decided to incorporate Blind Adrenaline Simulations, and simply pay >> standard corporate tax on all earnings. Additionally, I plan on >> reinvesting >> any revenue for the foreseeable future. >> The point being, if you are thinking of selling software and you are >> concerned about your SSDI money, talk with an experienced accountant. It >> willl be time and money well spent. >> Later, >> Che' >> > > > _______________________________________________ > Gamers mailing list .. [email protected] > To unsubscribe send E-mail to [EMAIL PROTECTED] You can > visit > http://audyssey.org/mailman/listinfo/gamers_audyssey.org to make > any subscription changes via the web. > _______________________________________________ Gamers mailing list .. [email protected] To unsubscribe send E-mail to [EMAIL PROTECTED] You can visit http://audyssey.org/mailman/listinfo/gamers_audyssey.org to make any subscription changes via the web.
