What in the world are you talking about? Since when is payroll a deduction? Its called a cost Asp.
Let me give everyone here a fucking clue...a deduction or "write off" as you people put it does not pay you back what was spent. You don't get 100% back. You can write off...depending on the expense....up to 80% of certain business expenses....like meals with clients.
Now do the math. If I spend $1000 with a client and I can "write off" 80% do I actually get $800 back from the Government? FUCK NO YOU DON"T. You reduce your taxable income by $800. So if my company makes a $250,000 pre-tax profit and I can reduce that taxable number by $800 what does that get me back?
$250,000 x ( using Stretch's 35% because its an even number )= $87,500.
$249,200 x 35% =$87,220.
$87,500 -$87,220 = $280
This is the very very basics ppl. If I ever hear your dumb mother fuckers arguing write offs and deductions again I am gonna come to your houses and kill you with a sledge hammer because your a waste of oxygen.
