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Grumpy Old Pharts Board Gerritol, Ex-Lax, Immodium, Bad Breath - all requirements for the Grumpy Board

 
 
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Old 03-26-2007, 07:34 PM   #16
gone fishin
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Join Date: Feb 2005
Location: Burlington
Posts: 2,290
Swimmmer - you will not pay a sales tax on materials. The equipment will be taxed. Once you are a registered business you can write off all your expenses. That includes space rented and auto expenses. The states of MA & RI will require a tax payment monthly. Screw up and the penalties fly.

The tax that really croaks you is the extra 15% tax you have to pay to be in business.

Just wait till you get audited!

low & slow 37
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