pjbooks Chapter 62: Tax Crisis
Chapter 62: Tax Crisis
steal.
This is a frequently discussed topic.
Especially in the gold industry, thieves are countless!
Jason pondered for a moment, then asked the group, "Do any of you have a good idea?"
Brainstorming, especially with Swil, a gold prospector who had been working in the area for many years, his suggestions were definitely very constructive.
Brent was furious about it. He slammed his beer down on the table, gritted his teeth, and said, "Jason, if you can't handle it, patrol in the car. If you see any thieves, just shoot them!"
He was the first to discover the gold theft, but the group, taking advantage of their numbers, leisurely packed up their belongings and eventually left.
Brent felt a burning hatred whenever he recalled the scene.
"That's unrealistic. If we did it your way, would we even be able to work?" Andy was speechless at Brent's train of thought.
Moreover, despite Brent's current appearance, if he had really dared to go, he wouldn't have looked like that when he encountered those thieves in the Victoria Mountains.
They talk a big game, but when trouble comes, they run away faster than anyone else!
It's not about contempt, it's just reality.
You only have one life, so you should be willing to back down when necessary.
"How about we hire some more security personnel?" Andy pondered for a long time before finally offering his idea, though he lacked confidence.
The investment in the mining operation is already substantial, and the costs haven't even been recovered yet. Hiring security personnel would undoubtedly be another significant expense.
This is also why he hesitated to speak.
Seeing that Swell, the seasoned gold prospector, remained silent, Jason asked, "Swiell, do you have any ideas?"
Swail shrugged and said, "Personally, I'd definitely like to hire some security personnel; security is the most important thing."
Lillian chimed in, "Jason, you need to set up a small mining company. Everything needs to be done properly. Also, filing your taxes this year will be a big problem."
"You can certainly hire more employees and buy more equipment; that's within a reasonable range, isn't it?"
As the family accountant, Lillian deals with the tax authorities quite a bit every year and is very familiar with the intricacies of the system.
Normally it wouldn't be a problem, but Jason's income this year is just too astonishing. If he doesn't take proper tax avoidance measures, most of his money will be taken away.
Jason was also startled; he had almost forgotten about it.
There's a saying in the US: "Two things are inevitable in one's life: death and tax." This means that only death and taxes are eternal in this world!
This is enough to illustrate what kind of entity the IRS is.
"We absolutely have to hire people!"
Although hiring people also costs money, it's nothing compared to the taxes that need to be paid.
Moreover, this is a legitimate matter, a reasonable expense, and a legitimate way to avoid taxes, so it's useless for anyone to investigate!
After seeing that Jason understood, Lillian reminded Andy and Brent, "By the way, Andy, Brent, you two also need to be careful about your finances, or the IRS might come knocking on your door."
"No, I need to pay taxes?" Brent's mouth dropped open.
Although you have to pay taxes on things you buy, it's not the same as income. Brent shuddered when he thought of some of the legends about the IRS.
Andy was the same, but his expression was strange. He never expected that at his age, he would still be targeted by the IRS.
"Mom, can you calculate how much I should spend?" Jason asked quietly, sitting down next to Lillian, away from the camera.
Lillian gestured to Jason and smiled, "Don't worry, I've already calculated it. I'll give you the report in a bit."
"I love you, Mom!"
The topic has completely veered off course!
Initially, everyone's attention was focused on the news Jason brought back, then it shifted to theft, and then to the tax issue that was relevant to everyone!
Obviously, when something is relevant to everyone, the topic will always resonate with people.
There were concerns and angry outbursts, clearly people had learned from their mistakes, while others shared some reasonable tips and tricks.
Even the liaison photographers, Kyle and Schlein, tacitly turned off their cameras.
"Dad, use your connections to introduce some professional security personnel," Jason said, setting his sights on Albert.
"Okay, I'll get back to you tomorrow," Albert readily agreed.
While eating dinner, they chatted and discussed interesting things they had encountered from all over the world. In a slightly tipsy state, the atmosphere became lively.
But everyone remained calm, after all, they had to get up early tomorrow.
The gold they receive, which is tied to their wages, is the main reason they cross borders and come to the wilderness to pan for gold!
After about an hour of merriment, everyone dispersed.
Jason lay in bed, and fell into a deep sleep amidst the chirping of insects.
The next morning, the faint hum of machinery woke Jason from his sleep.
It's strange, but when I'm out, even if I sleep until I naturally wake up, I'm still groggy when I get up in the morning, and my sleep quality is nowhere near as good as when I'm at the mine.
I did a simple stretch.
After washing up, Jason sat under the eaves with his breakfast, eating while watching the mine being excavated.
The main focus is on leisure.
Jason paid wages to Swail, Andy, Brent, and Little Hart; they were considered his employees.
Jason acquired Albert and Old Hart in exchange for 20% of Bering Sea's gold revenue, meaning he actually lost a considerable amount.
The three members of the Cass camera crew were paid for by the production team, and their main job was filming.
As for Lillian, she needs to handle logistical work, and the kitchen is her battlefield.
Jason sat under the eaves, eating breakfast while flipping through the reports. When he saw the amount of tax he needed to pay, he couldn't help but feel a headache coming on.
As for Ellie, she was resting her chin on her hand, drowsy and looking bored.
Ellie rolled her eyes and asked Jason, "Jason, do you want to go out and play?"
Jason put down the report in his hand, a mischievous smile on his face, and said, "Are you bored? Want me to find you something to do?"
"No! You're definitely not thinking anything good!"
She didn't believe Jason could be so kind, and she just wanted to go out and have fun; she didn't want to do anything.
Jason suppressed a laugh and said seriously, "Ellie, don't worry, your teacher will be here in a couple of days. Don't worry, I'll cover all the expenses for your grades."
"ah!!!"
Ellie, with her short legs, screamed and charged at Jason, yelling, "Jason, I'm going to kill you!"
He held Ellie's forehead with one hand, letting her grab at it with her little hands.
Jason looked completely innocent and said slowly, "Ellie, I'm doing this for your own good. I'm the one who paid for it."
"Hmph!" Seeing that she couldn't catch Jason, Ellie snorted and turned to run towards the kitchen, crying as she ran, "Mommy, Jason bullied me!"
Jason shrugged and then looked at the report.
Taxes are Jason's biggest headache right now.
His income this year is not low; according to the financial statements, he has to hand over more than half of his money.
He needed to recruit people quickly and buy equipment quickly; he preferred to turn money into tangible goods rather than a thin tax bill.
We need to find two chefs.
There are six drivers.
There are three maintenance personnel.
Three excavators and three bulldozers.
Ten security personnel (to be determined).
Jason sketched out plans on paper, considering not only the normal operation after his parents left, but also the subsequent mining plans for the mine.
Jason's plan is to have two or even three shifts.
Although Australia is blessed with favorable conditions, there are times when mining is not possible, namely during the summer months when the high temperatures will definitely break down the equipment.
This was also the information Jason obtained after communicating with Swail!
This was also Jason's first experience of the brutal reality of the Australian gold rush.
Alaska is cold and geologically complex, as is the Yukon, but this place is the other extreme.
Jason must have plans and contingency plans for everything, so as not to be caught off guard.