2001 Contract income - Expenses - Stock losses - $MOTM < $0.
George
hoping for my next contract! :)
> Just did 1st pass tax run-through of the biznes for 2001:
>
> Sales - Expenses - salaries = $0.
>
> Spent ~$157,000 on parts, ~$5300 on the PHONE BILL (includes ISDN service
and web hosting).
> Haven't done postage yet, but guessing about $6,000.
>
> My personal pre-tax salary (what the corp. pays me as an employee) was
$39,330. After tax profit
> was right at $7.25 an HOUR!!!
>
> So, as you can see this is not exactly a "get rich quick" scheme I'm
running here :)
>
> Paul S.
> hoping for a refund!