RitaB Posted June 23, 2015 Report Share Posted June 23, 2015 Client: I was having lunch with my girlfriends and talking about the taxes we all had to pay this year. Barb asked me if Jeff did side jobs cause they always owe till they consider the side jobs. Me: The only way side jobs reduce your taxes is if you lose money on them. They are happy about losing money? Yeah, yeah, I know what’s going on. They are reporting expenses and not income. I went over that with her, too. Sigh. I wish they wouldn't talk about taxes at lunch. 6 Quote Link to comment Share on other sites More sharing options...
Richcpaman Posted June 23, 2015 Report Share Posted June 23, 2015 Did she buy your lunch? Rich 1 Quote Link to comment Share on other sites More sharing options...
jklcpa Posted June 23, 2015 Report Share Posted June 23, 2015 Were any of the friends also hairdressers? That would lend more weight to their advice. /s 8 Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted June 23, 2015 Report Share Posted June 23, 2015 The "Underground Unreported" income is almost a ubiquitous thing with people in business. "I only show a small profit on my business, but if I count all my 'side job' money, I make a whole lot more. There is no way I am reporting all the business I do for cash." 1 Quote Link to comment Share on other sites More sharing options...
JohnH Posted June 23, 2015 Report Share Posted June 23, 2015 (edited) Were any of the friends also hairdressers? That would lend more weight to their advice. /sI think if you can document that a hairstylist is present, you can pay for the lunch and get CE credit for the meeting. Edited June 23, 2015 by JohnH 12 Quote Link to comment Share on other sites More sharing options...
RitaB Posted June 24, 2015 Author Report Share Posted June 24, 2015 OK, I wasn't at lunch, she was just telling me about THEIR lunch, but that would be still be a Webinar, right, if I can get them to take a selfie and send it to me? Maybe a video of key points? They'd be happy to do that. Right, am I right? 6 Quote Link to comment Share on other sites More sharing options...
JohnH Posted June 24, 2015 Report Share Posted June 24, 2015 Absolutely! 1 Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted June 24, 2015 Report Share Posted June 24, 2015 Rita, you are SO right! I'm sure it's somewhere in those 74,608 pages. 5 Quote Link to comment Share on other sites More sharing options...
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