slydrifter39, swing by my place first. then head over to those other forum users actually getting things done, arm yourself with some literature, and make your move. don't let them settle in.
Look, I’m offering you 10 acres and a crew of skilled workers. Where else are you going to find a better deal? Everything comes included in the yield. Take it or leave it. 🤷
Everything I set out to do, I did. No regrets. Some of my moves were definitely idiotic, but looking back, everything worked out pretty well. I’m satisfied.
You know what really terrifies me? The fact that so many young people graduate from high school, college, or any degree program completely unprepared for the actual workforce or real life. It’s even worse because you're left to just figure it out on your own as you go. I have nothing more to say. No, this isn't your fault.
So, if you aren't registered for sales tax, what’s the plan when a client actually asks for an invoice? Look, I know a locksmith who runs a small shop and isn't in the tax system. He gives me receipts for his work, but there’s no way for me to claim any tax credits. For my business, that’s just bad math. Plus, the guy always pushes for cash, which makes the receipt pretty much useless to me. I usually just end up looking for a different locksmith. If I were in your shoes, I’d join the tax system. There are actual benefits to it. Think about it.
Get stuck in. Don't be lazy. If you price yourself lower than everyone else, the work will never stop coming. My business includes service work, and my crew makes great money because of it. On average, our rates are about 30% lower than the competition. In this economy, people care about every single dollar. Remember that.
So you're joining a group that isn't registered for sales tax. Honestly, I have no clue how that works. Good grief, do you even know how much money you could get back from the government if you were actually in the system? I’d never just hand that kind of cash over to the IRS...
I'll move away from the swearing—I guess I just have my own way of venting. Let me check with my accountant to see what the rules look like for those outside the system, and I'll let you know what I find.
You’ve got self-employment tax and health insurance to cover. Plus, get supplemental insurance just in case. Those $133 look like Chamber of Commerce dues on a flat rate. They'll skin you alive if you don't pay up—and the IRS doesn't play games. Also, stay on top of your federal obligations. Late fees pile up fast, and that's money down the drain.
Don't mess around with your books. Hire a solid CPA and sleep easy. Just make sure you actually check their work. The "friend discount" approach usually ends in disaster. As for fines? I won't comment; I haven't personally dealt with them. No sense guessing about things I haven't experienced.
If you don't have a receipt for that laptop, you can't write it off. Same goes for your dad's car. I'm not sure what you mean by "expense." If you mean depreciation for a vehicle, leave that to the accountant. Every single invoice for inventory—make sure every vendor puts your business name and Tax ID on the receipt. Bring those to your CPA at the end of the month so they can handle the sales tax filings. If you bought more than you sold, you might get a refund from the government. If not, you'll owe them. Don't toss fuel receipts either; ask for an itemized receipt every time you hit the gas station. You'll be driving a lot, so keep track.
Take the car to an authorized service center and demand a receipt.
One more thing: the moment you launch this business, you aren't "unemployed" anymore. You're a business owner. You live and die by your own venture.
Joshua Johnson11 said:Aunt Elsa, let's team up and just buy out General Mills. I'm ready to put my whole house on the line... What do you think? How would we run the place?🤷
Aunt Marie, we’d be unstoppable. Honestly, the two of us alone would probably trigger a national crisis. We'd run the operation 24/7. The pay would be incredible, obviously, and we'd be working through Saturdays, Fridays, and Sundays. We'd hire staff who actually *wanted* to be there—people willing to pull those shifts for doubled hourly rates. We’d wipe out the competition completely. The only problem? The internet trolls would crucify us and call us elitists.
Look, Marie Murphy, I’ve got a better idea. Let's just wait a few years. I’m actually right in the middle of buying some new packaging and sorting machinery. I've started replacing my old orchards—sending the old trees to be turned into firewood while I plant the new ones. Once we fully integrate into the global market, let's put the whole company on the line. We could spend the rest of our lives without a single worry or headache.
What do you all think of my proposal? Let’s weigh both options. 🙂
So let him sell. Just wait—someone on this forum was blathering on about how Todoric got everything handed to him by the government, but now it turns out he’s drowning in debt. From what I can read, he's being practically forced to liquidate. Either he stole it all, or the big wholesalers were in on the scam and managed to stay afloat.
Let him sell. Let him pay back the loans and move on with his life. But what happens to the workforce? The unemployment offices will be packed again. For crying out loud, there was actually some benefit to having that crook around. Don't just sit there complaining if Todoric's empire gets sold off—where is the working class supposed to turn then? Pray that Todoric manages to navigate these empty pockets without selling the companies and losing those jobs.
Zachary Miller6 said:So, I wanted to check in with some fresh updates on this whole mess: a lawyer friend of mine told me that ownership actually transfers the moment the contract is signed, not when it finally hits the county records. Apparently, it’s not true that my hands are tied here. I’ll still have to sort it out through the courts, though, since nothing can be settled out of court right now.
Honestly, I feel like I can finally sleep a little easier tonight. If there's one lesson here for everyone, it's this: don't put too much faith in real estate agencies, government offices, or frankly, anyone else!
Finally settled a parking ticket from three years ago. Had to deal with municipal court, too. Honestly? I have no clue who parked that car poorly. I never even drove it—it was basically a glorified taxi for anyone needing a lift. Feel free to complain about getting hit with a fine, but complaining doesn't waive the bill if the registration is in your name. If someone snaps a photo of you, you’re on the hook. As for who was actually behind the wheel? If you're lucky, you might find out eventually.