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Thread: Michele Bachmann announces presidential campaign

  1. #291
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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by SheWolf View Post
    Why do you hate women who have vaginas that aren't clown cars?
    /falls over midst gales of laughter

  2. #292
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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by stealthy View Post
    What a repulsive comment.
    It's funny how people can watch a person get kicked all over the forum, but let her make a comment they disagree with, and that's 'repulsive'.

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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by Redbeard View Post
    Out of couriosity, what business are you referring to by quoting the "Line 12 on the 1040 form"?
    Sole Proprietorship….Partnership….C Corporation……S Corporation…..Limited Liability Company?
    And out of curiosity - what was that word you were trying to spell?

  4. #294
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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by BDBoop View Post
    /falls over midst gales of laughter
    and other things repulsive.

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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by Redbeard View Post
    Out of couriosity, what business are you referring to by quoting the "Line 12 on the 1040 form"?
    Sole Proprietorship….Partnership….C Corporation……S Corporation…..Limited Liability Company?
    1040s can be used by sole proprietors, partnerships, and most llcs depending on the amount of owners. S corp and C corp use different forms.

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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by SheWolf View Post
    1040s can be used by sole proprietors, partnerships, and most llcs depending on the amount of owners. S corp and C corp use different forms.
    Thank you for the respectful response.

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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by SheWolf View Post
    I am taking about a loss, not a deduction... Line 12 on the 1040 form. look it up... Seriously, why are you trying to school me about my own profession?
    Because you don't sound like a very good accountant, if you think a tax credit is a, "loss".

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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by apdst View Post
    Because you don't sound like a very good accountant, if you think a tax credit is a, "loss".
    Now you are just twisting my words...

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    Re: Michele Bachmann announces presidential campaign

    Quote Originally Posted by apdst View Post
    Why do you hate women who are successful?
    Huh? I don't. I work hard for my money and about to pay off a house so why the hell would you ask me that? BTW, I did not have to have 19 Brats or marry a up a fundie to get that done. I did all by myself
    ~Following My Own Flow~

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    Re: Michele Bachmann announces presidential campaign

    I'll put it another why.

    How can a company have losses but still be profitable?

    Because there are hundreds of different losses a company can have. Large companies that are publicly traded, and hand financial statements over to investors, can report losses in certain depts but not for the entire company. It isn't rare for a dept or division of a company to be less profitable then others. A company can report a loss in an investment... as investing a new dept or division or investing in new technology or equipment, but still be profitable as a company. A company can report a loss in certain accounts, such as sales accounts... ex. sales are down 30 percent, but still be profitable over all as a company.

    A company can report dozens of losses in various accounts, investments, divisions, etc., but still be profitable as a company. And in fact, that isn't uncommon to see... nor is that a reason for companies to panic. They'll usually employ cost accountants, analysts, and marketing people to set goals and create future growth strategies for struggling depts. If it's determined it's more profitable to scrap the program than try to turn it around, then the company will scrap it.

    You guys heard that they are reporting losses and immediately determined that they are not profitable, which is simply flawed.

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