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Bob_Loblaw Bob_Loblaw is offline
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Default WHY CONTRACTORS COST WHAT THEY DO

"DIDO" wrote in news:dKGBh.261$5F5.120@trnddc02:

http://blog.myspace.com/tony1938


This is one response to your claim of unfair taxation.
Maybe you should read it again....

Assuming that there is 25% penalty and interest there, your $18,000 of tax
is a total of $300,000 in sales. If the penalty and interest are 50%,
you're looking at $12,000 in tax and $200,000 in sales. In either case, one
would think you'd be extremely careful about the dotting of the I's and the
crossing of the T's.



I suspect there is more to the story than you are presenting here.

In any event, bitching about your problems here won't help. Consult a local
CPA, EA or attorney about resolving your issues.



Then get solid accounting procedures in place to prevent this from
repeating
itself in the future.

--
Paul Thomas, CPA






--
Respectfully, Bob