Taxes + Freelance

Out of context: Reply #10

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• JSK0

  Things I have learned from my IRS audit:

  Don't trust your accountant
  Understand basics of what can be deducted
  Use a separate credit card for expenses (get a corp card if you are inc)
  Use credit card as much as possible (this can be used as receipt if you use card like AMEX which details it out)
  Do your own taxes, itemize the list and give it to your accountant
  Stop going to an accountant if they tell you their clients been audited.

  JSK 0Permalink

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  • The last point is not valid. Audits are often random and do not always reflect anything on the tax preparer.ETM
  • Also keep in mind there are many areas for accountants. You want one who specializes in taxes.ETM
  • wow....vaxorcist

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