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General Discussion
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Subject: Taxes...aarghhhh
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From
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Location
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Message
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Date Posted
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| Squashcarver |
Johnstown, Ohio
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Out of curiosity, has anyone here set up a business, LLC, or farm corporation in order to run pumpkin growing as a business for tax purposes? Or does everyone just use their personal taxes. I ask because I have heard that larer prizes are required to be reported, plus we sell quite a few. As long as it is cash, it is no problem, but some of the larger buyers need tax info.
Any advice or experience would be helpful!
-Gus
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2/11/2009 10:51:14 PM
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| WAIT TIL NEXT YEAR |
So. Maine
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Hey Gus , send me a email [email protected] and put your phone number in it plus the best time to phone ya . AL
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2/12/2009 12:54:14 AM
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| sirpumpkin |
Frankfort Ohio
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If you grow for a profit or as compation fruits and make $750 or more you can write off anything you buy as for supplies threw the season.
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2/12/2009 6:14:07 PM
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| Total Posts: 3 |
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