Frogdog1
Well-Known Member
Think "for tax purposes" if you get to where you're selling a meaningful quantity. Don't bother with it until you get a significant volume. You have to report all income and that is their main hotpoint with people. The IRS looks at "not reporting income" as a mortal sin. Their job is th get money.My assumption that this isn't your first rodeo was correct!
I agree 100%, being in such a llitigious society one must be highly mindful of such things and take necessary precautions even with a low/non risk products. Sad really, but....
I may need some great advice soon, thanks again!
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