If you like sausage, you should not use GPS or check your state CU scrap copper sales

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Randy I think ITO summed it up nicely..I guess if it was me and I had the complete set of records I would add the amount on the receipt to their income as untaxed income.. that way they are responsible for their share of the taxes and you have reported it as supplemental income and are covered during an audit..then I would pray that the IRS does not audit..I have been involved with the IRS and that is stressful, it is amazing what you will learn though..Thank You Lord for CPA's..
 
cschmid said:
Thank You Lord for CPA's..
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Amen to that!

I have a fantastic CPA. She has kept me out of the IRS stronghold a number of times. (And she has accounts in 10 other states too...)

I do need to check about the additional income regarding this issue.

I think that my accountant and I will be talking tomorrow.

Thank you for this thread.

Very well done.
Greg
 
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