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Recent content by KMSEXC

  1. K

    Taxes

    Thanks For The reply Greatly appreciated KMSEXC
  2. K

    Taxes

    Thanks For the Help, Im getting it now, A partner I dont Need
  3. K

    Taxes

    Key Thats The Key, alot of guys just think of the work on the site, and bury their heads in the sand when it come to office work , I'm going to take your advice and find a manager or Take time myself but its hard to convert over to an office person when you been in the trenches , a day on...
  4. K

    Taxes

    Asphalt Thanks for reply It seems its hard to get an accountant that knows the construction business But you right , part of it is my fault with bad record keeping Its one thing to do the const work but its another to run the buisness i will have to work on that end this year thanks again KMSEXC
  5. K

    Taxes

    My question is with Federal Income taxes, say you contracted a job at ten thousand dollars, cost of materials were six thousand dollars, labor was one thousand so that leaves you with three thousand dollars how much Income tax come out of your three thousand dollars Sorry just trying to find...
  6. K

    Taxes

    Income Tax is my question Thats My question Federal Income Tax,
  7. K

    Taxes

    Taxe Im not crazy about it, but I just have visit the IRS and get a lesson on charging tax and paying tax
  8. K

    Taxes

    ya i will have to check into my state rules , So if the builder hands me an exempt form, I get paid from him Theres no taxes relayed to irs
  9. K

    Taxes

    I Here You on that one You right a big mess
  10. K

    Taxes

    I agree Thats Part of it, I like your Idea But If you don't charge taxes on machine work how do you pay your taxes, out of your profit, Man its tough enough out there with the cost of equipment fuel labor materials, I think we have to charge tax on our job profits if you don't charge for...
  11. K

    Taxes

    well Im glad I asked this question, I think this will help a lot of us, keepem coming still not clear on this topic KMSEXC
  12. K

    Taxes

    So new home construction is not taxable and and existing homeowner work is taxable, what do you charge tax on the final cost of job So a Builder calls me and says I need a cellar dug for a new home I know i don't charge tax on that project just pay IRS on profit , A Home owner calls says they...
  13. K

    Taxes

    Thanks Thank you fellows i Aways get good advice here Thanks Again KMSEXC
  14. K

    Taxes

    This is question for company owners , In Excavating how do you charge your customers taxes, do add it on the end of the bill , sounds stupid I know But need the help, Thanks KMS
  15. K

    painting Excavator

    Done Painting Excavator Hey fellows thank you for all your help , i finished painting Excavator looks aw some except i don't really care for the link belt colors , paint was 365.00 dollars for one gallon red and one gallon white decals were 650 dollars we cleaned the machine for three days...
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