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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 11-09-2011, 11:15 AM   #1
The Dad Fisherman
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You really think farmer Joe is going to hire a CPA to tell him he's gotta pay $15 for every 100 trees he sells.........

"If you're arguing with an idiot, make sure he isn't doing the same thing."
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Old 11-09-2011, 12:42 PM   #2
RIROCKHOUND
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Quote:
Originally Posted by The Dad Fisherman View Post
You really think farmer Joe is going to hire a CPA to tell him he's gotta pay $15 for every 100 trees he sells.........
Do you think Farmer Joe already DOESN"T Pay a CPA?

Scott.
those are straws in your hands... step away from the computer and go back to speed turning stubby needles

Bryan

Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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Old 11-09-2011, 02:30 PM   #3
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WELL then Bryan he's paying SAID CPA even more then isn't he?

MY CPA don't work for free. So now he's paying extra......like I said the money got to to come from SOMEWHERE. So I'm supposed to erode my bottom line now paying a tax, and paying someone to file said tax and keep proper records, all the while not raise my price to keep up with my costs?

(Wait that sounds JUST like the fishing lure business)




How many of you guys here
#1 have a CPA,
#2 Work for Yourself (and have to balance your income versus what you sell your product for), and
#3 pay a tax like this.


Step up and tell us what you do. If you tell me it's not figured into the cost of your product then you should close your business right now. Your doomed to failure.


Quote:
Originally Posted by RIROCKHOUND View Post
Do you think Farmer Joe already DOESN"T Pay a CPA?

Scott.
those are straws in your hands... step away from the computer and go back to speed turning stubby needles
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Old 11-09-2011, 02:49 PM   #4
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Quote:
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^& View Post
WELL then Bryan he's paying SAID CPA even more then isn't he? How many of you guys here
#1 have a CPA,
.
http://abcnews.go.com/blogs/politics...tmas-tree-fee/

Moot point here.

OK.
So they put a tax on all needlefish plugs @ $0.15.
You already pay your CPA as you point out.
Costs are going up that dramatically that you said it would put an increase of $5.00/(plug)? In your scenario, the cost would be put onto the consumer 25x?

More than likely, you would give your CPA the # of needlefish (trees) sold, he would multiply it x $0.15 and put the amount on the propper form.... If you need to put the cost on the consumer 10X or 25X, then you need a cheaper CPA!

all of this is caveated as I don't give a crap about the intial $0.15/tree. I'm pointing out the huge flaw in your argument... WTF I have a fake tree anyways!

Bryan

Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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Old 11-10-2011, 11:48 AM   #5
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Quote:
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^& View Post
How many of you guys here
#1 have a CPA,
#2 Work for Yourself (and have to balance your income versus what you sell your product for), and
#3 pay a tax like this.


Step up and tell us what you do. If you tell me it's not figured into the cost of your product then you should close your business right now. Your doomed to failure.

I hate taxes , but have no desire to argue politics on a fishing board. However, you are apparently using the wrong CPA. The average software will pick up a small tax like this that a book keeper(or the small business owner) can operate. And the average amount of money an accountant can save you by doing your taxes correctly and properly depreciating the value of your equipment (while decreasing the profits you made) would far outweight the cost.
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