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| Re: [Orchid] Whether or not to get a tax id | ||
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From: Ray Date: Sat Dec 02 05:43:51 2006 |
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========[ Invite a Friend - http://www.ganoksin.com/invite.htm ]======== > You are waiting for someone to steal your identity. As a victim of > identity theft, guard that number like it's the Hope Diamond! Yes, I understand but I've taken steps to prevent that. > It doesn't cost anything to get a resale #, I don't sell to the > public so I don't collect tax. So at the end of the year all I > have to do is write down a few figures and I don't pay them a cent. > I know that this puts me on the map, but I am a real business so it > doesn't matter. If you're trying to fly under the radar (good > luck), then you probably don't want this. I am a real business too. But I am not a person required to collect tax for the state. And as another poster said, in exchange for the "privilege" of acting as an unpaid agent of the state you take the risk of being fined for perceived errors, and they have unlimited funding and time to battle it out in court. I do not. My time is very valuable and I won't fritter it away as an unpaid lacky for an entity that mishandles money as poorly as does the state; I have to live within my means and so too should they, and I expect and demand money in echange for my labor/time. I don't know about everyone else's states but here in Tennessee the government can simply go into your bank account and take whatever money they decide you owe, and good luck getting it back if they are in error! But anyway, I don't sell to the public in this state, so am not required to charge sales tax. There are no suppliers worth dealing with that require a sales tax ID number; in this semi-free marketplace, there are plenty of suppliers to take up the slack of one or two lazy/stupid suppliers who don't understand the laws of the land and who assume whatever the state tells them is fact. > But please, no matter how much you trust your dealers, you don't > know who has access to the files back at the showroom. Once your > identity is stolen there are certain credit checks that will > always be on place on your name, it's a serious PIA. My lawyer said > to not give anyone my ss#, the doctor's office asks for it all the > time and I don't give it up. I hate to differ with conventional wisdom, but it takes just a bit more information than just an SS# to steal someone identity. Ray ____________________________________________________________________ T h e O r c h i d L i s t Open Electronic Forum for Jewelry Manufacturing Methods and Procedures ____________________________________________________________________ Orchid FAQ: ~ http://www.ganoksin.com/orchid/faq.htm Orchid Archives: ~ http://www.ganoksin.com/orchid/archive Orchid Galleries: ~ http://www.ganoksin.com/orchid/gallery.htm Invite a Friend: ~ http://www.ganoksin.com/invite.htm ____________________________________________________________________ Tips From The Jeweler's Bench - Article Archive ~ http://www.ganoksin.com/borisat/tip_sear.htm The Jeweler's Selected Bibliography List ~ http://www.ganoksin.com/jewelry-books Buy Orchid Jewelry: ~ http://www.ganoksin.com/shop ____________________________________________________________________ -Unsubscribe: -Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank ____________________________________________________________________ |
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