Thread poster: LegalTransform

LegalTransform  Identity Verified
United States
Local time: 14:44
Member (2002)
Spanish to English
+ ...
Nov 17, 2017



[Edited at 2017-11-17 19:34 GMT]


 

The Misha
Local time: 14:44
Russian to English
+ ...
Without going into much detail, you probably are Nov 17, 2017

For one thing, the bill is not maliciously targeting translators alone. Second, no one can disallow legitimate business expenses - not without turning the entire system on its head, which is not what they are doing here. Finally, as I am sure you know, the picture may be and (generally is) so different in each individual situation that it makes little sense to make any predictions about the "general case". There is no general case.

Relax, the sky is not falling.


 

Jean Lachaud  Identity Verified
United States
Local time: 14:44
English to French
+ ...
QED Nov 17, 2017

Thanks for doing the maths

Well, apart from removing "I hope I am wrong about this", there is nothing to change to your demonstration.


 

LegalTransform  Identity Verified
United States
Local time: 14:44
Member (2002)
Spanish to English
+ ...
TOPIC STARTER
Will the new U.S. tax plan cost translators thousands per year? Nov 17, 2017

Darn, I was hoping the fact I am on cold medicine was making me hallucinate...

JL01 wrote:

Thanks for doing the maths

Well, apart from removing "I hope I am wrong about this", there is nothing to change to your demonstration.


 

Mervyn Henderson  Identity Verified
Spain
Local time: 20:44
Member
Spanish to English
+ ...
Probably not wrong about it ... Nov 17, 2017

... it's been all over the news for the last couple of days. Big daddies pay less, middle class pay more. Was it ever any different? Just asking.

Of course, it could all just be "fake news". One man in particular has been known to say there's a lot of it about.


 

Ildiko Santana  Identity Verified
United States
Local time: 11:44
Member (2002)
Hungarian to English
+ ...

MODERATOR
Useful article on the topic for freelancers Nov 30, 2017

Although the original post is no longer visible, I would like to share this link to a recent article on the topic, as this may become a real concern for us, US-based freelancers. I hope some of you will find it useful:

What freelancers need to know about the new tax bills
By Nathan Bransford
Nov 21, 2017

The House and Senate tax bills could have a major impact on freelancers’ finances.

https://blog.freelancersunion.org/2017/11/21/what-freelancers-need-to-know-about-the-new-tax-bills/


 


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