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Subject: Re: [motm] Taxes!

From: "J. Larry Hendry" <jlarryh@...>
Date: 2002-02-24

McDonalds is hiring for $8 an hour right down the street .
<snicker> But, you LOVE what you do. That has to make
it all worth while. :)
Larry H


----- Original Message -----
From: Paul Schreiber <synth1@...>
To: MOTM listserv <motm@yahoogroups.com>
Sent: Sunday, February 24, 2002 11:10 AM
Subject: [motm] Taxes!


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!







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