RE: Boring Topic But necessary



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





This archive was generated by a fusion of Pipermail 0.09 (Mailman edition) and MHonArc 2.6.8.