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Thread: cash jobs

  1. #27
    Join Date
    Jan 2004
    Location
    Burleson, Texas
    Posts
    1,741
    Originally posted by levi
    Mr. Andserco this is for you! 2 day job...2 men....$1400 in materials.....$1600 direct and indirect overhead....you can figure out the rest. Just because I ask some stupid questions on the internet doesn't mean I'm totally lost here:-)








    Mr. Levi if you think that is profit on the job,then I hope you prosper in your business...Or I smell a side job wondering how he can hide it from his personal taxes..Lets us know what your accountant has to say,Oh by the way you might have to pay him something for his time, there goes some that profit.......

    [Edited by andserco on 01-09-2005 at 11:32 AM]

  2. #28
    Join Date
    Jan 2004
    Location
    Burleson, Texas
    Posts
    1,741
    Originally posted by andserco
    Originally posted by levi
    Mr. Andserco this is for you! 2 day job...2 men....$1400 in materials.....$1600 direct and indirect overhead....you can figure out the rest. Just because I ask some stupid questions on the internet doesn't mean I'm totally lost here:-)








    Mr. Levi if you think that is profit on the job,then I hope you prosper in your business...Or I smell a side job wondering how he can hide it from his personal taxes..Lets us know what your accountant has to say,Oh by the way you might have to pay him something for his time, there goes some that profit.......

  3. #29
    Join Date
    Jul 2004
    Posts
    167

    Smile

    No.........accountant would be part of indirect overhead.....thanks for your well wishes


  4. #30
    Join Date
    Apr 2002
    Posts
    1,383
    Where do you suppose your customer got the $4,000 in cash?



    Seattle Pioneer

  5. #31
    Join Date
    Jan 2004
    Posts
    214
    how do you figure there's no paper trail? did the store where you bought your materials bury the sale? my buddy thinks that having "cash sale" on his receipts is hiding something. but the store puts his first name in the ordered by box. so he's only foolin himself. the store lookin at a big fine will give him up in a heartbeat.

  6. #32

    Haven't meet, but I would say you are not smart enough to get away with hiding money from the IRS. Will you be writing a book soon "How I didn't pay any taxes on cash jobs"?


  7. #33
    Join Date
    Sep 2002
    Location
    South Dakota
    Posts
    6,579

    All the IRS has to do is look for the new HVAC company located in Tavernier, Fla and start auditing.


  8. #34
    Join Date
    Sep 2002
    Posts
    4,970
    Originally posted by NormChris

    All the IRS has to do is look for the new HVAC company located in Tavernier, Fla and start auditing.



    lol.....now thats got him sweating and wondering why he even asked that question or if their might be an IRS agent looking on this sight for answers how to fix his furnace.

  9. #35

    Re: okay then


    [/B][/QUOTE]WHAT is the right moral thing to do?? [/B][/QUOTE]

    And who's morals are we using?... everyone has a different idea of morality...

  10. #36
    Join Date
    Dec 2002
    Posts
    9,871

    All of you are envious of poor ole levi

    BE HONEST!! Either you have done it or would do it!!

  11. #37
    Join Date
    Jan 2004
    Location
    Earth
    Posts
    4,879

    Re: All of you are envious of poor ole levi

    Originally posted by rob10
    BE HONEST!! Either you have done it or would do it!!
    Are you saying Levi should put it in his Jeans.
    A Diamond is just a piece of coal, that made good under pressure!

  12. #38
    Join Date
    Dec 2002
    Posts
    9,871

    Wink If he can live with that decision

    I'm cool with it!!

  13. #39
    Join Date
    Jul 2004
    Posts
    167

    Red face

    Guys like normchris definetly make me chuckle.....hey norman, maybe you would like to come on down to Tavernier and have a beer with 6'3" 245lb levi....actualy levi is my son's name....he is five...but could probably kick your ass also :-) Anyways I've been a member here since 1999 (came over from area51) and don't pay too much attention to posters like norman. I went through a divorce last year that kept me off the internet for 9 month's and consequently forgot my username so had to reregister last summer. Again thanks for the constructive advice gentlemen,
    everything will definetly be on the books.

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