Originally Posted by xxweekxx

i must be doing something very wrong.. i have a great accountant but how do you guys write off everything to basically have no tax..

let me give you an example..

you make $1mil in 2009
your expenses to make that $1mil are only $120,000 meaning computer, internet, ads, etc, everything..

Please explain how you can avoid paying the IRS tax on at least $800,000 income,

only way i see is to take like 800k and dump it into buying websites, etc... otherwise how else can people who make millions pay no taxes, legally