Hardy asked Andy to help him calculate his assets. Andy smiled and said, "Boss, there's no need to calculate. I have your tax return from last year. Your assets are clearly listed."
Hardy took the thick document and started to look through it.
HD Security Company: profit of $1.68 million, expenses of $3.25 million, in a loss state, taxed $21,000.
"Paying taxes even when at a loss?" Hardy pointed to the document.
"Federal corporate income tax, California corporate income tax, local taxes, and more. This is the minimum within legal bounds," Andy explained with a shrug.
Fine. In this area, Andy was an expert, and Hardy trusted his tax avoidance skills.
HD Film Company: income of $3.12 million, expenses of $5.82 million, still in a loss state, taxed XXX.
HD Talent Agency, HD Music Company, Andy's Financial and Accounting Firm, Wash Mining, Rocky Mountain Spring Water, 'N.Y.T' TV Factory, Auction Company, Estée Lauder shares, HD Airline.
