JarrodRuggles 0 Report post Posted June 14, 2005 to sell flies do you have to report taxes to the IRS because you manufacture them??? Thanks Jarrod Quote Share this post Link to post Share on other sites
Steeldrifter 0 Report post Posted June 14, 2005 By law your "supposed" to report any income that you make If you sell them out of state then you dont have to charge tax on them, but if you sell them to someone in the state you live in then you are supposed to also add sales tax for your state. Quote Share this post Link to post Share on other sites
Dble Haul 0 Report post Posted June 14, 2005 Volume of sales has a lot to do with it. If you're just getting ten or twenty bucks every once in a while from friends and such, I wouldn't worry too much. But if you're tying on a regular basis for a shop or steady customers than I believe you should do the right thing and report the income. Remember, the IRS is always watching..... Quote Share this post Link to post Share on other sites
JarrodRuggles 0 Report post Posted June 14, 2005 thanks Quote Share this post Link to post Share on other sites
Guest Report post Posted June 14, 2005 QUOTE (steeldrifter @ Jun 14 2005, 02:12 PM) By law your "supposed" to report any income that you make If you sell them out of state then you dont have to charge tax on them, but if you sell them to someone in the state you live in then you are supposed to also add sales tax for your state. Who invited HIM??? (Geez- the kid's after a few bucks pocket money- shaddup and leave him alone! ) Quote Share this post Link to post Share on other sites
Steeldrifter 0 Report post Posted June 14, 2005 You know me, I believe in doing everything to the letter of the law.... Quote Share this post Link to post Share on other sites
JarrodRuggles 0 Report post Posted June 14, 2005 @#^@&^* IRS %&@$& I think im gonna work for the IRS when I get a job Quote Share this post Link to post Share on other sites
Dble Haul 0 Report post Posted June 14, 2005 QUOTE (steeldrifter @ Jun 14 2005, 04:13 PM) You know me, I believe in doing everything to the letter of the law.... Did you actually type that with a straight face? Quote Share this post Link to post Share on other sites
JarrodRuggles 0 Report post Posted June 14, 2005 SD I know you good enough to have to disagree with what you said Quote Share this post Link to post Share on other sites
Steeldrifter 0 Report post Posted June 14, 2005 Shhhhhhhhhhhhhhh... my parole officer might be watching Quote Share this post Link to post Share on other sites
Guest Report post Posted June 14, 2005 QUOTE (steeldrifter @ Jun 14 2005, 03:19 PM) Shhhhhhhhhhhhhhh... my parole officer might be watching Hmmmm...let's see - unemployment + under-the-table + snottysmartasscracks = (anyone want to answer? There might be a nice surprise in it for you!!! ) Quote Share this post Link to post Share on other sites
Steeldrifter 0 Report post Posted June 14, 2005 Quote Share this post Link to post Share on other sites
Bud Guidry 0 Report post Posted June 14, 2005 SD, as your tax advisor i would strongly advise you plead insanity. Bud Quote Share this post Link to post Share on other sites
sparkleminnow 0 Report post Posted June 14, 2005 Jarrod, the fly in your avatar is the one I used to smack around the trout in S.W. Wisconsin a few days ago. We tried most of the fies in my flybox, but that fly in sz14 was a killer! I know, off topic, but I just thought I could bring that up here as well as anywhere. Quote Share this post Link to post Share on other sites
FL H2O 0 Report post Posted June 14, 2005 Now I know where to turn for sound financial advice Seriously though, If I become a fishing guide can I write off a new flats boat? Quote Share this post Link to post Share on other sites
