Posts by Carol Price4

jadenomad24 said:They’ve completely lost it!
Are we all just supposed to go ahead and change our payroll bases now? Are we just sitting around waiting for Medicare and NOAA to eventually send over the difference?
So, I guess you can dodge the system by appointing someone who already has a full-time gig elsewhere as the director for a private firm, regardless of what their reported income looks like?
And what about the current director running their own LLC? Do they just suddenly morph into a regular employee overnight?

So, you could just file under Section 61 of the Tax Code to add an extra hour a day to someone's payroll—it would probably cost around... $47 Every single month—it just keeps coming. 😁 Well, you should probably just make sure you're actually signed up then—simple as that! I honestly don't see why people make such a big deal out of this—it’s just basic common sense! It's all about the companies—honestly, they really run the show.

Betty King7 said:Is it still possible to get three different people at the Medicare and Social Security offices?

Up to three—yeah. Anything more than that, you'll have to do it online...

Brenda Chase3 said:I dealt with this exact scenario just this month. My supervisor suggested I shouldn't make life harder than it needs to be; he told me to simply include them in the most recent filing. Since the IRS ultimately looks at the annual totals to see if everything balances out, and because you're recording both the expense and the credit simultaneously, it isn't a major issue. Just make sure to keep a clear note of when you actually received those invoices so you have a paper trail explaining why they weren't included earlier.

I'm with you there—that's exactly how I handle it. Some people insist on doing formal amendments, but then you have to waste your breath calling the agent to explain everything... honestly, as long as the yearly totals balance out for them, it’s fine.

Just make sure during that first month of the year you really push them to hand over all the previous year's paperwork on time—you don't want that stuff dragging into the next cycle...

darkowl72 said:That's a tough one.

Thanks, darkowl72...

The initial cost isn't really the issue—it doesn't even have to be cheap—but I need the actual printing costs to stay low down the road.

As for Wi-Fi—we're working with two HP Laptops, so we don't want to be tethered by wires just to get something printed.

And an ADF for scanning? Honestly, it's all about speed—when I've got a massive stack of papers to scan, I don't want to be stuck standing there feeding them page by page... I could get a ton of other stuff done in that time.

Right now, I'm using an HP 3510 inkjet, but with my monthly volume, I'm spending nearly $167 on ink alone, which is honestly insane money.

I'd much rather drop $5,000 or $6,000 on a solid printer if it actually gives me what I need.

So, this Epson you linked—it basically has everything except the ADF for scanning, right?
I don't even need duplex...

ruggedmaker2 said:Look, you don't just wake up one day and suddenly owe the government reports. You only become an Intrastat declarant if you get an official notice in the mail.
No notice? Then you've got zero obligations. Period.

I was digging through the U.S. Census Bureau site earlier:
Reporting Requirements

Basically, any business entity registered for sales tax becomes an Intrastat declarant if their annual trade value with European Union countries hits certain thresholds—whether that's for imports, exports, or both.

Back in 2015, the threshold for imports was set at 1,800 $0.00, while exports were capped at 1,000 $0.00.

Edit:
I know there are some weird edge cases with companies involved in refining or specialized processing where things get a little messy, but I doubt that applies here.

Oh, I know... I actually handle filings for two people in my Intrastat group, so I mentioned they probably aren't required to report.
Plus, you don't even have to send everything to a freight forwarder—your accountant can just handle the Intrastat stuff themselves.

I’m guessing if they're buying goods from the European Union for the first time, they become an Intrastat declarant—so basically, just like you said, you handle the obligation and the input tax on the VAT return, then send the VAT S report via e-filing every six months and you're all set.

placidlynx92 said:A small business owner hasn't hit the revenue threshold yet, but they're importing goods from Germany to resell—essentially running a retail operation. Is there any kind of sales tax obligation they need to worry about before they actually cross that official threshold?

Just record it as a standard expense—there's no sales tax issue here since they already paid the German tax.

Hey everyone—I can see there are some real pros in here... so I'm looking for some advice on which printer to pick up. Here's what I'm after:

- print, copy, and scan
- monthly volume around 1,000 - 2,000 pages
- wireless connectivity
- an ADF for both printing and scanning
- scanning to PDF or JPG—whatever works

Any recommendations?

Arthur Bishop6 said:Hey,

Quick question: when’s the deadline to file the domestic transfer forms for Q1 2015? Like, specifically for the January through March stretch?

Thanks

It already passed... April 20th, 2015.

Casey Moore3 said:I honestly have no idea what kind of vendettas you're talking about.

I started this thread with nothing but good intentions, not to incite any criminal activity.
If people think we're encouraging crime here, then they shouldn't be part of this community in the first place.
There’s really no need to dig up old grievances either.

What bothers me is that this was handled without any warning or explanation.
Furthermore, I don't believe there was any necessity for such an action at all.
I've been active on various international forums for years, and I have never once seen a thread deleted like this without prior notice.

Let things stay as they are now. But please, take this as a lesson learned.

You can't moderate a conversation through force—at least, not always.

Anyway, take care.

I totally get that you meant well, but just imagine if a hundred people read your suggestions and how you're doing things... if you had phrased those questions a bit more carefully, people would actually see where you're coming from.

Then someone else jumps in and builds on your idea by saying, "Oh, I lower my sales tax by buying invoices from a shell company related to my business," or someone else drops a tip about moving items into transit accounts and using offshore processors in Panama—then a third person chimes in saying, "I pull cash out by paying monthly stipends to ten college students..." and so on and so forth.$33

And just like that, we end up with a thread full of info that could land some people in serious hot water because of the way these ideas were shared.

placidlynx13 said:Regarding procedure 42, an American company can only actually pull that off in Canada...
You can't run procedure 42 in the buyer's own country; it has to be done in a different country entirely.
We handle this exact process in Canada for our clients coming from Canada, Austria, Germany, France, the United Kingdom, America...
If a Canadian customs company is handling procedure 42, we ship it over to the border in Austria for customs clearance.
Best,

Actually, let me correct myself... it doesn't have to be Canada—any EU member state works. So, you could do it in Canada too. 😉

Personally, I think it could work in America if the goods move immediately—say, right into Canada—so the buyer's VAT number is used and the cargo leaves the US right away.

Carol Price4 said:"Szamla" is the word for bill in Canadian, 😁

But what I actually want to know is—has anyone dealt with procedure 42?

An American taxpayer clearing goods in Canada using procedure 42—they don't pay the local IRS because the goods are heading straight to the States.

Where do I book an invoice from a third country in Synesis? Is it under import VAT, or is it non-taxable?

And what about those specific tax forms? In my opinion, it doesn't make sense since we don't use procedure 42 here in America...

Alright, let me hear your thoughts...

Anyone? Apis, ruggedmaker2, anyone got an idea???

When dealing with a third-country import (using procedure 42 over in Canada), how do I log that in Synesis—do I go through "VAT due on imports" (non-taxable), or just a standard import entry (non-taxable)?

As for form 42—I'm thinking no, since that's not a thing in the US, and the Canadian customs broker handles the filing, right?

Take a good look at your own posts and how you’re actually contributing here..

Just stick to the topic and we won't have any problems..

And honestly—what are you even telling me about history or who was "eligible" for a Swiss Franc Loan back in the day?
There's zero point in dragging up the past... you're just cluttering up this thread...

Let's focus on what's happening right now with these loans—like the actual proposals from AARP or the banks—and how that's going to hit regular Americans. Forget the history lessons; nobody's getting fed by that...

You're being ridiculous.. I have nothing to do with that subject—my expertise is accounting and bookkeeping... I've looked through the thread and all I see is it getting bogged down by spam posts from one specific group..

Awesome—this thread is all about pulling cash out of a company and stuff like that...

So, they're either just pocketing the cash directly—or they’re faking the profits by labeling a purchase as a business expense or an investment.

ruggedmaker2 said:Honestly, looking at that thing, it might not even be a Bill—could just be a packing slip, a delivery note, or some other random piece of paperwork. 🤔
I don't know a lick of Canadian, so I have zero clue what they call an Invoice over there. Just toss that document title into Google Translate and see what happens 😁 It’s probably just a shipping notice, and the actual Bill will likely show up in your mailbox in a few days.
Where I'm from, we usually just deal with an Invoice or a Bill, so I can't really help much more than that 😁
Like Ethan Bailey18 was saying earlier, a proper Bill needs to have specific details on it—if nothing else, it should at least list that relevant USA directive number.

"Szamla" is the word for bill in Canadian, 😁

But what I actually want to know is—has anyone dealt with procedure 42?

An American taxpayer clearing goods in Canada using procedure 42—they don't pay the local IRS because the goods are heading straight to the States.

Where do I book an invoice from a third country in Synesis? Is it under import VAT, or is it non-taxable?

And what about those specific tax forms? In my opinion, it doesn't make sense since we don't use procedure 42 here in America...

Alright, let me hear your thoughts...

Alexander Thompson said:Bandera, honestly, I have no clue who isn't allowed to talk about what here... This thread isn't trolling—it's actually an attempt to give everyone in the group a chance for some civil conversation and mutual support. The problem is, on the current thread, people get annoyed if you post anything that doesn't involve them being 100% right... You end up with two pages of pure foaming at the mouth and insults, which totally kills any chance of following a topic that’s actually interesting and, more importantly, educational.

Even if the thread *was* trolling, do you really think the insults I was hit with are okay? And am I allowed to use a similar—let's call it "stylistically unique"—tone toward people who write things I disagree with, especially when a moderator just swoops in and deletes it without a second thought?

I just deleted the posts that were ugly and insulting to you—since I don't know much about this specific subject, I left it to the others to handle the actual moderation and sanctions properly.

Regarding that whole thread from the start (I took a look back through the posts)—as a newer member, I definitely respect his take on the matter.

Best,

On Tuesday, March 17th, there's going to be a seminar at the Forum Convention Center—part of the Green Gold series over on Radnički Street in Chicago—focused entirely on launching a business in the US.

Sabbir Patwary, an accountant hailing from New York City, will be breaking down everything you need to know about setting up shop in America—we're talking tax structures, payroll costs, how to wind things down if you change your mind, and pretty much any other essentials for entrepreneurs looking to make the jump to the global stage.

Tickets are $6.75.

Garo, my bad... sorry about that

I really wanted to hit him with a ban—but I ran into a little snag... with my settings...

electricbison15 said:It sounds pretty ridiculous when I say it out loud, but can you even imagine the moment she actually said that to me... right after I’d spent two straight weeks trekking from one office to another, just gathering endless piles of paperwork...

🤣🤣🤣

I know everything probably just clicked for you, but man—this is actually hilarious. This is easily my highlight of the month...

Aaron Young85 said:I’m honestly having mini panic attacks just staring at this IRS portal, especially since I’m such a newbie at all this tax stuff. So, here’s the deal—I uploaded my sales tax data, thinking everything was smooth sailing, but when I go to check under the submitted forms section later, there’s absolutely nothing there. I’m pretty sure I signed off on it and everything looked fine, but now I'm second-guessing my entire existence. Does the system, like, need some kind of buffer period before the form actually shows up in the sent folder? Or maybe I somehow uploaded it to some random corner of the site I didn't notice? Or, god forbid, I didn't even actually hit upload in the first place... who knows? 🙂

Once you sign it, you still have to hit submit! 😉

Maybe that's the catch... check under "saved drafts" or "unsent forms"...