I am pretty sure assessors can get you for anything that is attached..........such as a painting or other hanging thingies.

This is a question I have needed answering and I appreciate it being asked. So if I go to my town hall and get a business license for the flies/teasers I sell here and there, what they will do in return is tax me on what I use to make them, bucktail, thread, hooks, vise, right? I have been going to do thisbecause two suppliers I have approached over and above the ones I use want that business license in place. So how bad can it be to get taxed on some flie tying material and vise?

I can't imagine the tax on my stuff will be too much Frank?? A bandsaw a lathe, a few drill presses and a compressor???? $50.00 maybe??? I am not gonna sweat that! I don't think they will tax you on those Frank....they specified power tools to me!

Big fish....basically everything in life is taxed at least twice. Go to work earn money and they tax you. Take whats left and buy stuff you need....they charge sales tax on that. Buy a house...taxed. Car, boat, trailer, taxed...then exise tax on top of that yearly. It doesnt end.....

what a racket Sales Tax is ... A dolllar changes hands 20 times they got the whole dollar ..

we need the national sales tax - no income tax on earnings-just on spendings.

the only way to screw them is with a trade...

The irs guy was walking around at the msba show. Wonder if he'll be at risaa too.

Swimmmer - you will not pay a sales tax on materials. The equipment will be taxed. Once you are a registered business you can write off all your expenses. That includes space rented and auto expenses. The states of MA & RI will require a tax payment monthly. Screw up and the penalties fly.:lossinit:

The tax that really croaks you is the extra 15% tax you have to pay to be in business.

Just wait till you get audited! :hang: :lossinit:

tar and feather's comes to mind :think:

:claps: :claps:

So? was he buying plugs or something?
who cares if he'll be at rissa, maybe he'll catch a seminar or 2 about how to fish.