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Free registration at the forum removes this block.The only question now is, who's on that train? @Rivoli or @JScott
DEALDude! Just reply "DEAL" and then let's take it offline...
Agree not to post anything else until it's done...
Lol poor @MJ DeMarco has no idea he has been chosen to mediate "TFF - Who Makes More".DEAL
@MJ DeMarco Where we sending them to?
There’s no way he makes more NET INCOME than I do. He might have more assets but no way he’s pulling over $800k in income.The only question now is, who's on that train? @Rivoli or @JScott
Guys, don't back down now. You made a bet. Send the PMs to @MJ DeMarco or keep quiet from now on.
There’s no way he makes more NET INCOME than I do. He might have more assets but no way he’s pulling over $800k in income.
If I win I should be allowed to take his girl out on a REAL date.
He messaged me saying he wants to add back in his pay, depreciation and charitable contributions to his corporate profit so he could try to beat me Lol.Looks like fun! So agree!
You guys should go make an off-topic thread.He messaged me saying he wants to add back in his pay, depreciation and charitable contributions to his corporate profit so he could try to beat me Lol.
You guys should go make an off-topic thread.
Actually, as I pointed out to you, assuming your net income above is what you say it is, I'm happy to ignore both depreciation and charitable contributions.
But, you're asking me not to count the distributions/salary I paid from my company to myself (Owner Compensation) in my calculations.
As I explained, a C-Corp typically pays out part of its income as owner compensation. If you don't pay anything out, you are at risk of audit.
So, my net income is basically the amount I paid myself in owner comp plus the amount of retained earnings I left in the company for tax benefits.
Line 30 (Taxable Income) on the 1120 with Line 12 (Owner Compensation) added back.
I'm sorry if that's too complicated for you.
I'll stop derailing this thread now. I've proven my point. He's your problem now...
Btw, here's a snippet of the "reasonable" discussion we had on the topic:
View attachment 32050
I take back everything I wrote earlier. Clearly people have been confined in their houses far too long.
I myself would draw the line at a mandatory vaccine. Hopefully it doesn't come to that point...but the way Bill Gates is talking in the media, looks like he believes that's the only way we'll ever be able to have mass public gatherings again.
If I win I should be allowed to take his girl out on a REAL date.
Only 3 more weeks to go. From what i've heard, Completely anecdotally i have no numbers/data on this yet, but from what i've heard from police officers is that property crimes, domestics, and suicides are "through the roof" (their wording).
It's very sad. Please don't let this happen: "Coronavirus could upend global power"
As American bodies fill mass graves, the US contemplates an end to its superpower status
The world is no longer measuring the worst-case coronavirus scenario against Wuhan, Italy or Spain. Now America — a nation accustomed to being a leader in business, innovation and sport — has been brought to its knees, writes David Lipson.www.abc.net.au
Here is an interesting read:Very surprised that a number of folks here dislike / refuse vaccine. I've been praying everyday for one to come ASAP so we can all resume our lives.
Oh, and Gates is definitely involved in this whole thing.
The majority of voters are stupid as F*ck.View attachment 32034
Poll: Majority of voters support national quarantine
A new poll from Morning Consult and Politico found 74 percent of registered voters either somewhat or strongly support a national quarantine to fight the spread of coronavirus.thehill.com
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