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us taxes domestic production credit and potters question

updated sun 18 mar 07

 

Brad Sondahl on sat 17 mar 07


So I'm working my way through the tax program and I try out the domestic
production credit, and it's looking good, but I don't have any
employees, so I don't get it. This probably resembles a lot of us
potters, who can't afford to pay for an employee, let alone pay
yourself. But it looks like it might almost help pay for an employee,
with the tax credits. So my question for the potter CPA's out there,
is, would it be worth it to add a part time employee to get the credit,
and could that employee be a family member (wife, son) if I'm running
the business as a sole proprietor?

TIA
Brad Sondahl

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