Its true. I wish I was wrong, but its true. The saying “Everyone works 2 months out of the year for the IRS” is true. It sucks when you make a lot of money, and 2 months of your hard work goes to the government. Ive read books that say that true business men don’t pay that much in taxes. But I can not figure out how to pay so less? Put all my money into a 401k and then its all a write off?? haha
Well anyways I went and talked with my accountant yesterday. I asked him to get me a forecast for this year so far so I can see where im at. He gave me an estimate that I will be in the 35% tax range when everything is over and wrote off 
But I talked with him and he gave me a lot of good ideas where to put my money….
So some money into a 401k….
Buy a house, use the mortgage interest rate as a write off….
And he gave me a business card to a personal investor….
Sounds good ehh? haha
Well I bought another book and I’m reading it, trying to think of more ways to cut taxes down. The book is “INC. & Grow Rich”
I have also been reading “Rich Dad Poor dad”, I don’t like it. Its just a motivating book with no info on anything. And the book is fiction…not real… lying…. look the book up on Google 
In other news, I am still hiring for a web designer for my team. I am looking to have 2 designers and 2 coders that work for me on a freelance basis. So I can get more work done, since I am a web developing company. hehe
If you enjoyed this blog post than I think you should subscribe to the RSS feed. That way you can learn a lot more from me and laugh some more at my really bad grammar. Again, here is the link for the RSS feed.
Random Posts
Comments are Dofollow! My thanks to you for contributing to the discussion
7 Comments
Sorry, the comment form is closed at this time.
If you’re making $100,000+ a year you should look into incorporating into a LLC. Huge tax cuts there.
This post has been removed by the author.
My company is Developer Hut, Inc.
Its incoporated so I save even more money than a LLC.
What happens is that my company is completly seperated from my personal. My company pays money on what it makes, which will be about 25%
Then I will pay the IRS what I make from my salary from the company. I give myself about 2k a month. I will be paying about 7% via a w2…
find out about taxes…. read the 26th amendment to the constitution..
Please explain…
This post has been removed by the author.
Taxes are a pretty crazy thing…
“Be wary of strong drink. It can make you shoot at tax collectors… and miss.” ~Robert Heinlein