The Freelancers' Show

Panel E. Scott Sweeney, CPA (email 801-756-3394) Charles Max Wood (twitter github Teach Me To Code Rails Summer Camp) Eric Davis (twitter github blog) Jeff Schoolcraft (twitter github blog) Discussion Why you want a CPA? Accurate Returns Tax Savings Understanding of Tax Code You'll likely wind up paying taxes rather than getting a return. Home Office Deductions Itemizing Your Return Likelihood of getting audited Keep your receipts on every expediture Mileage - Begin odometer reading and ending odometer reading The IRS cannot audit you back 4 year Statute of limitations on fraud is 7 years Tax deadline for 2012 is April 17. Failure to pay penalty Filing an extension avoids the failure to file penalties Officer's salary in an S-Corp or a guaranteed payment in an LLC Wages and salary vs draws and dividends Self employment tax is 13.3% Picks Robbie McDonnell talk on goals (Eric) Freelancing Weekly (Jeff) iOS Biz Weekly (Jeff) Paleo Weekly (Jeff) Freelance Funnel (Jeff) Hootsuite (Chuck) Scott Sweeney CP