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Crawfordsville, Arkansas | Being self employed I show very little income to avoid as much tax as possible. I'm sure I'm not the only one that does it so don't chastise me for it...
That being said, since I show very little income I am having a hard time qualifying for a auto loan. Trying to trade personal trucks and it'll be kept separate from the farm. Current truck was financed through GMAC which is now Ally. Didn't have a problem getting a loan 2.5 years ago but now I get the run around. Now they only want a 3 year note at a pretty high interest rate.
Without getting too personal, how do you guys do it? What does my accountant need to do that he's not doing? Is he doing something he shouldn't? Currently I show income from 2 different farms each month. What I make each month and the YTD is a big difference.
If this isn't the right forum to place this question please feel free to move it. | |
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self employed tax stuff.
