Taxes question

cbsmokin · 02-25-2010, 09:52 AM

If you can, lower the amount of taxes taken out of your check and increase your 401(K) deposits by a similar amount. This is the best possible scenario for anyone who can do it. The long term reward will be well worth the short term scarifies.

I also tend to think the "refund" craze applies more to younger people, myself included. When I was in college I looked forward to that money every year. I also used to be an employee vs. being the owner. Running a business will certainly change your thinking about taxes and money. Now, I don't even have a clue what a refund is. All I do is write checks that take my breath away.

02-25-2010, 09:52 AM	#19
cbsmokin Looking for the Apex Join Date: Oct 2008 First Name: Craig Location: In da ATL Posts: 882 Trading: (10)	Re: Taxes question If you can, lower the amount of taxes taken out of your check and increase your 401(K) deposits by a similar amount. This is the best possible scenario for anyone who can do it. The long term reward will be well worth the short term scarifies. I also tend to think the "refund" craze applies more to younger people, myself included. When I was in college I looked forward to that money every year. I also used to be an employee vs. being the owner. Running a business will certainly change your thinking about taxes and money. Now, I don't even have a clue what a refund is. All I do is write checks that take my breath away. __________________ Check out C.A.R.B. IV http://www.cigarasylum.com/vb/showth...840#post879840