atpcliff
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 4,260
Hi!
Perdiem update:
I used the average $52/58 per day perdiem numbers that XPOO showed me how to find. In my research I also found out you can deduct perdiem on an "out-and-back" (no overnight stay) if you're gone longer than 12 hours from your base.
My IRS allowable perdiem for the year was $5438. I received only $3323.43 from the company, so I was able to deduct a decent amount of perdiem.
Hope YOUR taxes go OK!
cliff
GRB
PS-I think the tax system stinks! People with illegal income pay nothing, and the richest people pay accounting firms a lot to hide their income, often blatantly illegally.
My 1st choice is to get rid of Federal Income Tax COMPLETELY and replace it either with a National VAT or Sales Tax. I would exempt food, clothing and medicine. No tax forms, a MUCH smaller IRS, and if you save your money, you pay no tax. All the illegal monies are taxed when the criminals buy stuff.
2nd choice is a FLAT tax of ALL income. By ALL income I mean ALL monies received. I would allow 1 deduction, of $5000 per person, so a family of 4 would pay no income tax on their first $20K. There would be no Estate Tax, because when you received money in an estate, it would be taxed as income. No bullcrap offshore money hiding, or any of those actually legal deductions that are made up by Congress to shelter their rich friends.
The Flat Tax has been working phenomenally well in the former Eastern Block countries. It's simple, easy to understand, and the working folks like myself don't feel like the rich are ripping them off.
Perdiem update:
I used the average $52/58 per day perdiem numbers that XPOO showed me how to find. In my research I also found out you can deduct perdiem on an "out-and-back" (no overnight stay) if you're gone longer than 12 hours from your base.
My IRS allowable perdiem for the year was $5438. I received only $3323.43 from the company, so I was able to deduct a decent amount of perdiem.
Hope YOUR taxes go OK!
cliff
GRB
PS-I think the tax system stinks! People with illegal income pay nothing, and the richest people pay accounting firms a lot to hide their income, often blatantly illegally.
My 1st choice is to get rid of Federal Income Tax COMPLETELY and replace it either with a National VAT or Sales Tax. I would exempt food, clothing and medicine. No tax forms, a MUCH smaller IRS, and if you save your money, you pay no tax. All the illegal monies are taxed when the criminals buy stuff.
2nd choice is a FLAT tax of ALL income. By ALL income I mean ALL monies received. I would allow 1 deduction, of $5000 per person, so a family of 4 would pay no income tax on their first $20K. There would be no Estate Tax, because when you received money in an estate, it would be taxed as income. No bullcrap offshore money hiding, or any of those actually legal deductions that are made up by Congress to shelter their rich friends.
The Flat Tax has been working phenomenally well in the former Eastern Block countries. It's simple, easy to understand, and the working folks like myself don't feel like the rich are ripping them off.
