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LCPfraTN

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LCPfraTN last won the day on April 20 2017

LCPfraTN had the most liked content!

About LCPfraTN

  • Birthday 06/26/1960

Profile Information

  • Location
    Eads, TN
  • Gender
    Male
  • Occupation
    CPA

Miscellaneous

  • Handgun Carry Permit
    Yes
  • Military
    Yes
  • NRA
    Yes

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LCPfraTN's Achievements

Established Contributor

Established Contributor (3/5)

205

Reputation

  1. I’ll take 1 through 4 on the list.
  2. If you’re still willing to meet me in Jackson, I’ll take it for $800. It might be a minute before I can work the trip into my schedule, but I’m sure we can work something out.
  3. If it’s still available at the end of the month, I may take you up on that offer.
  4. I’ll take the .40 S&W ammunition. I live in Eads, so I’m not too far from you.
  5. So sad! The first concert that I ever went to was when she was performing at the Dixie National Rodeo in Jackson, MS in the mid seventies. My wife and I also saw her in concert at one of the Tunica casinos several years ago. She still put on a great performance then.
  6. Oh crap…in my area and so very tempting!
  7. If you were on the other side of the state, I’d be sorely tempted by this beautiful revolver!
  8. I’d take it if you were on the other side of the state!
  9. A couple of things to point out. 1. Sales tax is technically collected from the buyer, so the sellers aren’t directly bearing any sales tax cost…there is of course an indirect cost of dealing with the administrative burden of collecting and reporting said tax. 2. 1099 reporting has always been used to report gross sales, not net profit. The threshold for reporting sales of goods has now been lowered to the same level as sales of services has been for years. 3. 1099 reported income is generally reported as sales on Schedule C of form 1040, then you deduct all of your expenses and cost of goods sold…obviously, you’ll need to have documentation support for the expenses if you get audited. If you have net income, then you’ll owe tax, if you don’t have net income (in other words, you have a net loss), then you won’t pay any tax. This has nothing to do with itemized or standard deductions.

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