Our tax system is so flawlessly constructed and fair that I’m cashing out my retirement package from my last job to pay for the obscene amount of freelance taxes I owe this year. That’s how it works, right? Well, either way, if you’ve got yourself a fancy tax person, they’ll tell you the ways to game the system, much like all those rich people who do financial Houdini to get out of paying anything. Last week, the New York Times and those public radio masterminds at Planet Money published a very Brokelyn sounding guide called “What’s the Easiest Way to Cheat on Your Taxes?” that highlights several loopholes you could exploit. Their No. 1 tip might not be exactly useful this year: run your own company so you can write everything off as a business expense. But the rest of the piece helps illuminate the kinds of loopholes people exploit (cosmetic surgery), what looks like a red flag to auditors and other ins and outs of tax frustration. Hint: writing off your travel and entertainment expenses is like putting a bright red AUDIT target on your forehead. Which means I need to go adjust my tax forms immediately.
One of the more commonly held themes (maybe even beliefs) about New York is that it is a pit of loneliness, where you can never feel more isolated while surrounded by millions of people. 30 Rock encapsulated New York’s uncanny ability to grind you down perfectly here. This can feel like a shitty city, especially during […]
Hot take: Halloween isn’t for everybody. Don’t get me wrong, it’s a great holiday. It just favors creatives and DIY experts to a fault. Many people are Hallo-wise enough to start planning their costume for the following year on Nov. 1. — and if you’re one of those people, more power to you! — but that leaves the rest […]
Loitering has been a problem for coffee shop owners for so long that we’ve gone through several cycles of addressing it in New York City. First came limiting laptop hours and eliminating outlets, then things like timed wifi. Britcom hit Fleabag skewered the annoying laptop camper in its inaugural season this summer, which means it’s far from just an American […]