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02-03-2009, 01:47 PM
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#1 |
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Confirmed User
Join Date: Aug 2004
Location: On The Edge
Posts: 7,992
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Question for anyone who has physical inventory at tax time
This is my first year of having a physical inventory, and I am starting to freak just a little as I'm adding up the cost of all this stuff.
I have an accountant, and she'll be doing my taxes, but can anyone give me the cliff notes on how much and what kind of taxes I will have to pay on inventory. It would be much appreciated.
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~ Doer of Things at MetArtMoney Where Flawless Beauty Meets Art ~The MetArt Network ~ selena.delgado9 |
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02-03-2009, 02:15 PM
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#2 |
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boots are my religion
Join Date: Nov 2005
Location: Heart of europe
Posts: 21,765
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to name your country might be useful at least
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02-03-2009, 02:35 PM
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#3 | |
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Confirmed User
Join Date: Aug 2004
Location: On The Edge
Posts: 7,992
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Quote:
 US, filing as a sole prop.
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~ Doer of Things at MetArtMoney Where Flawless Beauty Meets Art ~The MetArt Network ~ selena.delgado9 |
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