RE: Boring Topic But necessary
- Subject: RE: Boring Topic But necessary
- From: "Chris Michalek" <chris@xxxxxxxxxxxx>
- Date: Sat, 8 May 2004 00:13:16 -0500
To avoid potential tax problems never take cash. Have a contract.
Have the club 1099-misc you and you do the same with your
subordinates.
>
>
>
>---- Original Message ----
>From: jandkday@xxxxxxxxxxx
>To: harp-l@xxxxxxxxxx
>Subject: RE: Boring Topic But necessary
>Date: Fri, 7 May 2004 23:05:27 -0400
>
>> How do you guys handle the tax man? I just realized that as
>bandleader I am getting checks and then giving the guys cash.
>>
>>which means I am potentially liable for the whole wad not just a 1/5
>of it (5-piece)
>>
>>Do you give out 1099's?
>>Try not to take checks?
>>
>> I apologize for this snooze fest and I really hate taxes &
>insurance but I would appreciate any insight from
>>the esteemed harpers.
>>
>>
>>James
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