Posted by NCWayne on May 10, 2011 at 20:14:29 from (166.82.187.163):
Ok, I know this is a very generic question but given the variety of occupations covered on this site, and what I am doing with this information, this is the only way I know to ask it. Too, before anyone askes, this is not to be used in any way for anything I am doing with my business, it's strickly for something I am working on in another area. So, here's the question. When you do your taxes, on average, how much do you usually figure to take off from your gross reciepts to obtain your net profit? Just to be clear, by 'take off' I mean include the standard tax rate for the gross, then the usual unrecoupable expenses that can be considered right offs, etc., What I am not looking to have included is the atypical, one time, big ticket purchases, etc. that would raise the right off percentage higher than 'normal'
Like I said I know this is a very generic question for what is typically a complicated equation. Still I am not looking for long, drawn out explinations, just simple, round number, best guess, estimates from a very broad range of businesses and geographic areas, to help me with something I am figuring on. Too if anyone knows any online, where similar information can be found in print, not just from individuals like ya'll, I would appreciate a link to the info. Thanks!!!!
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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