[TechAssist] Re: Question on Pioneer parts
- From: "J Silverman" <greentron@xxxxxxx>
- To: <techassist@xxxxxxxxxxxxx>
- Date: Sun, 15 Feb 2004 15:29:10 -0500
You still have to keep the same records for the tax crap so that you can
report your income minus your expenses for Federal, State, Local, etc.
income taxing authorities. If you dont keep the records and they decide to
audit you, they impute your income and make you pay taxes, penalties, and
interest on the amount that they decide you probably had.
If you never show a profit, they declare that it was a hobby, not a
business, and that therefore you cannot deduct the expenses from the income
for tax purposes. Its been so long since we have seen a profit I am
beginning to think it is a hobby.
Jerry Silverman
Greentron Inc
4 Newland Ave
Greenville SC 29609
864 232 3889
Fax 271 2080
mailto:greentron@xxxxxxx
----- Original Message -----
From: "Tel-Tek Electronics" <teltek3@xxxxxxxxxxxx>
To: <techassist@xxxxxxxxxxxxx>
Sent: Sunday, February 15, 2004 9:56 AM
Subject: [TechAssist] Re: Question on Pioneer parts
> If it hasn't done anything for you since 2000..why renew...so it can do
> more "nothing" commencing 2004..;-)
>
> -Ed-
>
> Ed Gaidies
> Tel-Tek Electronics
> Ontario-Canada
>
> Servicing the Consumer Electronic Industry since 1963
>
> teltek3@xxxxxxxxxxxx
>
> -----Original Message-----
> From: techassist-bounce@xxxxxxxxxxxxx
> [mailto:techassist-bounce@xxxxxxxxxxxxx] On Behalf Of Hoyt's TV
> Sent: Sunday, February 15, 2004 9:06 AM
> To: techassist@xxxxxxxxxxxxx
> Subject: [TechAssist] Re: Question on Pioneer parts
>
> Tain't called nuthin in NH.
>
> You can register your business name with the Secretary of State, if you
> want.
> That is supposed to provide you some degree of protection against
> somebody
> else using the same business name. So I did, but it's not a license and
> not
> needed.
>
> Of course you can always form a corporation. That allows you to spend
> all
> kinds of time and money complying with all that corporate record
> keeping,
> payroll, stockholder meeting, director meeting minutes and tax crap, for
> the
> feds and the state.
>
> All this reminded me to go look at MY registration certificate because I
> remember there was something in the newspaper a few years ago about them
> changing the life of that glorious piece of paper from 10 years to 5
> years
> and it seems like it's been longer than that since I renewed it. Also,
> to
> save money, the state doesn't notify us that it's time to renew. Gotta
> move
> the refrigerator, it's on the wall behind it.
>
> Just as I thought. It expired on Sept. 5th 2000.
>
> Thanks a lot guys. Now I have to make another decision. To renew or not
> to
> renew, that is the question.
>
> Russ Hoyt
> Hoyt's TV
> Exeter, NH
>
>
> ----- Original Message -----
> From: "George" <grndmstrg@xxxxxxxxxxxx>
> To: <techassist@xxxxxxxxxxxxx>
> Sent: Sunday, February 15, 2004 5:41 AM
> Subject: [TechAssist] Re: Question on Pioneer parts
>
>
> > Maybe it's called a non-taxable resale permit in NH?
> > Just allowing for the "benefit of a doubt".
> >
> > George
> > Afana Electronics
> > Moreno Valley, CA
> >
> > ----- Original Message -----
> > From: "Hoyt's TV" <hoytstv@xxxxxxxxxxx>
> > To: <techassist@xxxxxxxxxxxxx>
> > Sent: Saturday, February 14, 2004 1:56 PM
> > Subject: [TechAssist] Re: Question on Pioneer parts
> >
> >
> > > What's a tax resale ID?
> > >
> > > Russ Hoyt
> > > Hoyt's TV
> > > Exeter, NH
> > >
> > >
> > > ----- Original Message -----
> > > From: "Intrepid Video Support" <support@xxxxxxxxxxxxxxxxxx>
> > > To: <techassist@xxxxxxxxxxxxx>
> > > Sent: Saturday, February 14, 2004 2:00 PM
> > > Subject: [TechAssist] Re: Question on Pioneer parts
> > >
> > >
> > > > Hugh,
> > > > I was told, if you set an account, once you send your tax resale
> ID,
> > then
> > > you will get dealer rates.
> > > >
> > > > Jeff Dougherty
> > > > Intrepid Video TV/VCR
> > > > 263 S Front St
> > > > Steelton PA 17113
> > > > fax...717-564-4952
> > > > www.intrepid-video.com www.tech-repair.net
> > > >
> > > > ----- Original Message -----
> > > > From: "Hugh @ Main TV" <maintv@xxxxxxxxxxx>
> > > > To: <techassist@xxxxxxxxxxxxx>
> > > > Sent: Friday, February 13, 2004 12:45 PM
> > > > Subject: [TechAssist] Question on Pioneer parts
> > > >
> > > >
> > > > What is the deal with Pioneer --does everyone not ASC pay retail
> for
> > > parts?
> > > > Plus sales tax? Maybe someone here that is ASC could buy parts
> and
> > > > resale to others
> > > > at wholesale?
> > > >
> > > > --
> > > > Hugh Thornley
> > > > maintv@xxxxxxxxxxx
> > > > Main TV
> > > > 636 Main St.
> > > > Longmont, Co. 80501
> > > > 303-776-6955 tel
> > > > 303-776-0792 Fax
> > > >
> > > >
> > > >
> > > >
> > >
> >
> >
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