Taxing Precious Metals (topic name changed)

K

KWA

Full Member

Joined

Sep 12, 2011

Messages

246

Location

fla

• Dec 23, 2011

• #61

just remember you are all breaking the law.
vote <<<DELETED BY ADMIN>>>
GL2U

Read the forum rules. Political statements are not allowed.

 

B

BottlecapBill

Senior Member

Joined

May 2, 2011

Messages

437

Location

Northern Ontario Canada

• Dec 23, 2011

• #62

golddddddddddd

Man that would have been a blow to all the meth heads theiving copper wire, car parts, etc to pay for drugs. "Whoaaaaa taxes...........the man is the devil! The man is the devil!" *shake shake*


Well there goes my for commission cross border gold selling plan LOL. I would have had reasonable rates too!

 

Joves

Elite Member

Joined

Apr 12, 2011

Messages

1,806

Location

Chester SC

• Dec 23, 2011

• #63

I have had to file 1099s before and it was a PITA as an individual. IF you think you will find enough to break the $600 barrier, I suggest you make yourself a corporate entity, and get a business license and a tax number. You have more deductions this way on any profit over the year.