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Did you pay your taxes? (sh.itjust.works)

submitted 1 day ago by thal3s@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works

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Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.

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[–] cheesybuddha@lemmy.world 3 points 9 hours ago (1 children)

I do programming as a hobby, and it's not out of the question that some day I'll make something that will be sold. Can I claim my gaming PC and my homelab as business expenses? As well as my electricity and intenet?

[–] Bosht@lemmy.world 2 points 7 hours ago

I'm not an expert on tax, but I can tell you from personal experience that for the company that I run, with me being the only employee, I claim anything related to the business. The grey area is what percentage it's used for the business, I'm not sure on that part. I have a separate laptop I use for the business and when I purchased it I claimed it 100 percent. Like stated though keep your receipts to cover your ass.