SoCal Jet Boats

Discussion => The No Wake Zone => Topic started by: BIG JOHNSON on February 26, 2013, 01:17:39 PM

Title: Tax Time
Post by: BIG JOHNSON on February 26, 2013, 01:17:39 PM
Everyone prepared?
Title: Re: Tax Time
Post by: 74hondo on February 26, 2013, 01:20:54 PM
Already recieved and spent my refund. Goes too quickly.
Title: Re: Tax Time
Post by: 1995 advantage 454 on February 26, 2013, 02:37:24 PM
I paid off my boat with mine :)


1995 advantage
Title: Re: Tax Time
Post by: uncleBOBBY on February 26, 2013, 03:06:55 PM
Self employed
No refund. Just roll it right back in👎
Title: Re: Tax Time
Post by: Rogers Hopeful on February 26, 2013, 03:40:08 PM
Paid off my truck with mine.  Well I used my savings as well
Title: Re: Tax Time
Post by: BIG JOHNSON on February 26, 2013, 04:01:27 PM
I'm just hoping what I get back on individual will wash with what I owe on the businessO:-)
Title: Re: Tax Time
Post by: muffbro on February 26, 2013, 06:05:42 PM
Break even is fine with me
Title: Re: Tax Time
Post by: ka0tyk on February 26, 2013, 06:59:33 PM
already done and recieved...
Title: Re: Tax Time
Post by: Ralph Brunt on February 26, 2013, 07:50:23 PM
Break even is fine with me
damn i hope
Title: Re: Tax Time
Post by: crewchief22 on February 26, 2013, 08:02:38 PM
My tax lady that we've been going to for most of twenty years passed away.  :thumbdown:  So I'm still looking for a new tax person that isn't going to screw me or end up in jail like a buddies tax person.  :banghead:
Title: Re: Tax Time
Post by: 76NORDIC on February 26, 2013, 08:27:54 PM
Keith, I use H&R Block's software to do mine and some others taxes. The software is basicaly the same as the tax people use. It asks alot of questions and you can see if you qualify for different deductions or not. Really thorough. If you think you may qualify for a certain deduction, try it, fill in the info and it will tell you ya or neigh.
Title: Re: Tax Time
Post by: 76NORDIC on February 26, 2013, 08:34:01 PM
Also at the end it will run a audit and mistake check, and let you know if there are any problems. Year before last, I was in Atlanta for a Goodyear meeting, and at the same Hotel was a big IRS meeting also. I got to talking to a gal from the IRS meeting and asked her about the tax prep programs. She said they are great and that really the tax prep people are a waste of money.
Title: Re: Tax Time
Post by: BIG JOHNSON on February 26, 2013, 09:27:19 PM
My tax lady that we've been going to for most of twenty years passed away.  :thumbdown:  So I'm still looking for a new tax person that isn't going to screw me or end up in jail like a buddies tax person.  :banghead:

It'd be a drive for you, but my tax guy is a good man. He's a serial customer of mine and has been doing my individual and business taxes for four years, I did his windows and framed walls and hung doors in his office... He refers people to me sometimes, but I just need to get him to staple my business card to each return he gives out. If interested:

Farfan Tax Preparation

21520 Norwalk Blvd, Hawaiian Gardens, CA
Title: Re: Tax Time
Post by: 74RogersBubbledeck on February 27, 2013, 06:32:58 AM
I really enjoy being self employed until I get the amount of self employment tax.  :mad:

Those of you working for someone they have to match your taxes paid, when you work for yourself you get to pay that too. Sure there's a few more deductions we get to take, but it still sucks.
Title: Re: Tax Time
Post by: SoCalPSD on February 27, 2013, 07:54:27 AM
Taxes done and received. Gonna use em to replace the wifes income for the next year so she doesent have to work and can stay home with the baby. Was a good year last year and a pretty decent return.

So no tax money splurging for me.
Title: Re: Tax Time
Post by: Hallett Dave on March 04, 2013, 04:41:40 PM
I'm giving my refund to Chris at B1 Racing.  ;D 
The pump is out of the Hallett and getting freshened up with new bearings, stainless impellor and inducer.  My wear ring and aluminum impellor was pretty much hammered.  When Chris popped the bowl off and saw the carnage he said "Damn Dave, that Foxwell engine should really like what I'm going to do to this pump."  I'm STOKED.  Bring on some Global Warming.   ;D
Title: Re: Tax Time
Post by: GlassCutter on March 04, 2013, 05:27:46 PM
My .02 worth is that I like dealing with a human tax preparer.  Software has no incentive to find you every little deduction, and I don't trust a company to update things quickly.  Similarly, I want a person who has some skin in the game, defending me with IRS in case of problems, not a faceless company with a generic guarantee of "satisfaction or your money back".

PM sent Keith
Title: Re: Tax Time
Post by: Ralph Brunt on March 04, 2013, 06:18:11 PM
any body write off your toy haulers as a second home?
Title: Re: Tax Time
Post by: quick olds on March 04, 2013, 06:24:50 PM
You  can do that?!?!>:(
Title: Re: Tax Time
Post by: crewchief22 on March 04, 2013, 07:26:51 PM
any body write off your toy haulers as a second home?

Yes
Title: Re: Tax Time
Post by: crewchief22 on March 04, 2013, 07:29:02 PM
And for the guys with the big bucks, if your boat has a head/sink you can also write it off (if you're making payments on it).
Title: Re: Tax Time
Post by: crewchief22 on March 04, 2013, 07:30:51 PM

PM sent Keith

Where did you send it?  Because I didn't get it  ;)


Never mind, I found it in my email
Title: Re: Tax Time
Post by: GlassCutter on March 04, 2013, 07:46:41 PM
If you call him, tell him I know I have been a very bad boy and YES I WILL call him to set up my appt.   I am just always kind of a last minute guy when it comes to taxes.   Tax guys hate people like me I'm sure.   His name is Matt Croad and he is a super nice guy.
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