HOW-TO: Single member LLC/Sole proprietor taxes @ Dangerous Prototypes.
Tax day is next Tuesday, so we wrote about how we do our taxes as a sole proprietor/single member LLC. We show our actual supporting documentation for things like travel expenses for the Open Hardware Summit and Maker Faires, and our accounting of tool and equipment deductions. We hope it will help some new kit makers get a jump start on taxes, instead of freaking out at the last minute like we did the first time.
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