done it before
As in been audited by the IRS before or are you gloating about committing tax fraud on an Internet forum?
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Who has a 1:1 write off ratio?
You donβt write off 1:1?
I think he means writing the 45 off, which results in a return of whatever your rate is.
Spot on
Sole Props are ~15%
S ~25%
So say 20% for giggles and that 45000 is only 9000
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