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I've never been in a business where taxes were taken from the profit =
side Nope. You have your gross. You deduct your deductibles. You pay your = employees. You pay the tacxes on your employees. You pay the retail = tax on your wholesale purchases turned into retail sales. After all is = said and done, there's the profit. And then you pay taxes on that. I' ve had two small businesses of my own and that's how it's worked. = That's how it's worked for the larger businesses that I've been = associated with. All you're doing is ignoring the fact that your = business paid taxes. --=20 katysails s/v Chanteuse Kirie Elite 32 http://katysails.tripod.com "Women and cats will do as they please, and men and dogs should relax and get used to the idea." - Robert A. Heinlein |
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