cudjo Posted November 9, 2012 Share Posted November 9, 2012 Should we reserve a domain name? TRR-Bartering for The Right Reasons? ha that's kind of catchy Link to comment Share on other sites More sharing options...
pollyannaish Posted November 9, 2012 Share Posted November 9, 2012 Brilliant brilliant brilliant. This is the kind of thinking that will fuel the next century. At least I hope so because this is what I'm trying to harness for my business endeavor. It's either on the cutting edge it or it will die. So. How can we leverage this site to get something like this started as part of our mission? Link to comment Share on other sites More sharing options...
Rheo Posted November 9, 2012 Author Share Posted November 9, 2012 Brilliant brilliant brilliant. This is the kind of thinking that will fuel the next century. At least I hope so because this is what I'm trying to harness for my business endeavor. It's either on the cutting edge it or it will die. So. How can we leverage this site to get something like this started as part of our mission? We don't need to show other sites on the sidebar. It could just as well be businesses/barters, etc. We can fuel it through social media. I don't like craigslist or Angies List.....without changes. We actually discussed this back when we started in 07. Maybe now we discuss some more. Link to comment Share on other sites More sharing options...
Rheo Posted November 9, 2012 Author Share Posted November 9, 2012 It doesn't even need to be this site. It works because of our conservative mission but, doesn't have to be this one. We'll just start a 2nd one! 1 Link to comment Share on other sites More sharing options...
pollyannaish Posted November 9, 2012 Share Posted November 9, 2012 Sounds good to me! I'm sick of banging my head on the wall with politics. We have to do something. I'm going to think about it... But then we should start a thread. 1 Link to comment Share on other sites More sharing options...
SrWoodchuck Posted November 9, 2012 Share Posted November 9, 2012 Please consider these, before any large outlay of capital: http://www.forbes.com/2009/11/11/irs-tax-barter-exchange-income-personal-finance-wood.html http://www.irs.gov/taxtopics/tc420.html 1 Link to comment Share on other sites More sharing options...
pollyannaish Posted November 9, 2012 Share Posted November 9, 2012 @SrWoodchuck I do not believe bartering I the best part of this to b honest. It's an ineffective way to do business. But independent contracting is another thing. 1 Link to comment Share on other sites More sharing options...
Rheo Posted November 9, 2012 Author Share Posted November 9, 2012 Dang, we have to become the UnderGround TRR...for the Right Reasons. ha. Link to comment Share on other sites More sharing options...
Rheo Posted November 9, 2012 Author Share Posted November 9, 2012 Independent Contracting is how a lot are doing it now. I think the IRS will be looking a lot closer at those as well. Brett's job is that.....but truly, it is more of an employee. Link to comment Share on other sites More sharing options...
Rheo Posted November 9, 2012 Author Share Posted November 9, 2012 Stay with in the law. Who wants to take on that research? Link to comment Share on other sites More sharing options...
Rheo Posted November 9, 2012 Author Share Posted November 9, 2012 Case in point....from Forbes link in article to get to But that could change. The IRS has set up a Bartering Tax Center and it's worth a look. yes, except it is a 404 Error Page. Sigh. Not going to be easy. ha Link to comment Share on other sites More sharing options...
cudjo Posted November 9, 2012 Share Posted November 9, 2012 can you be sure a 1099 wouldn't be filed on the contract work? Link to comment Share on other sites More sharing options...
cudjo Posted November 9, 2012 Share Posted November 9, 2012 with a 1099 you have to file wit IRS and they check every expense you have. I think new law is to file a 1099 for $600 Link to comment Share on other sites More sharing options...
Rheo Posted November 9, 2012 Author Share Posted November 9, 2012 Too many unknowns at this time, but it sure does make you start thinking! Link to comment Share on other sites More sharing options...
SrWoodchuck Posted November 9, 2012 Share Posted November 9, 2012 I am an independent contractor. I'm not making enough money now, but in the past, I paid quarterly & was issued 1099's from every entity that went over $700.00, for services rendered. Link to comment Share on other sites More sharing options...
cudjo Posted November 9, 2012 Share Posted November 9, 2012 I've done it for 36 yrs and you pay the entire tax yourself, no employer to pay half of it. It can hit you pretty hard Link to comment Share on other sites More sharing options...
cudjo Posted November 9, 2012 Share Posted November 9, 2012 would be great it someone could figure a way around the 1099 Link to comment Share on other sites More sharing options...
SrWoodchuck Posted November 9, 2012 Share Posted November 9, 2012 Independent Contracting is how a lot are doing it now. I think the IRS will be looking a lot closer at those as well. Brett's job is that.....but truly, it is more of an employee. There are specific rules for independent contractors working in my business. You must have a business banking account. I am a sole proprietor, but there are other options. You have to have a trade name, registered with the state. You cannot have any input or guidance from a customer/client.....only the location, time parameters & expected outcome + the contract, stating cost & terms of payment. The minute the IRS thinks you are taking instructions from the client, or they are providing you with tools......you become an employee....and they owe a whole bunch of money to the Feds & the State [FICA, Workmans Comp, etc.] 1 Link to comment Share on other sites More sharing options...
cudjo Posted November 9, 2012 Share Posted November 9, 2012 Independent Contracting is how a lot are doing it now. I think the IRS will be looking a lot closer at those as well. Brett's job is that.....but truly, it is more of an employee. There are specific rules for independent contractors working in my business. You must have a business banking account. I am a sole proprietor, but there are other options. You have to have a trade name, registered with the state. You cannot have any input or guidance from a customer/client.....only the location, time parameters & expected outcome + the contract, stating cost & terms of payment. The minute the IRS thinks you are taking instructions from the client, or they are providing you with tools......you become an employee....and they owe a whole bunch of money to the Feds & the State [FICA, Workmans Comp, etc.] are you serious? Is this true in other states? The Workers' Comp Court supplies all my paper and transcribers. Link to comment Share on other sites More sharing options...
SrWoodchuck Posted November 9, 2012 Share Posted November 9, 2012 Independent Contracting is how a lot are doing it now. I think the IRS will be looking a lot closer at those as well. Brett's job is that.....but truly, it is more of an employee. There are specific rules for independent contractors working in my business. You must have a business banking account. I am a sole proprietor, but there are other options. You have to have a trade name, registered with the state. You cannot have any input or guidance from a customer/client.....only the location, time parameters & expected outcome + the contract, stating cost & terms of payment. The minute the IRS thinks you are taking instructions from the client, or they are providing you with tools......you become an employee....and they owe a whole bunch of money to the Feds & the State [FICA, Workmans Comp, etc.] are you serious? Is this true in other states? The Workers' Comp Court supplies all my paper and transcribers. The customer can supply materials, but not tools & guidance, under Colorado laws. I had to sign a statement every year with some of my larger clients.....agreeing to a list of guidelines.....and showing active contractors liability insurance. Link to comment Share on other sites More sharing options...
cudjo Posted November 9, 2012 Share Posted November 9, 2012 Hopefully @Rheo can come up with something. Link to comment Share on other sites More sharing options...
nickydog Posted November 9, 2012 Share Posted November 9, 2012 Well, I don't know the law or any of the legal ramifications, but as I sat here on my hard computer chair with a cushion under me and another at my back and my knitting in hand and listened to Bill Whittle, I knew I liked him even more than before. And I especially like his attitude. And what he said sure did fit with @Valin's idea of being on the cusp of history. If nothing else, I will want to watch him proceed. Link to comment Share on other sites More sharing options...
Rokke Posted November 9, 2012 Share Posted November 9, 2012 The key to his idea is that one person (or website) doesn't have to figure out THE ultimate solution. Hence his analogies about Shazzam and the Dan Rather phony letter episode. You throw an idea into the masses and watch it evolve. But it has to be an idea that people are interested in pursuing. If Bill Whittle is the only one interested in his idea, it isn't going anywhere no matter how many experts get hired to put it in motion. A grass roots initiative is fed by inherent enthusiasm of people looking for a new solution. How many Americans love our election process right now, and can't wait for the next campaign season? I'm not an economist or tax expert. But I bet plenty of people who are can explain a thousand different ways to work through what Whittle is talking about. Link to comment Share on other sites More sharing options...
Valin Posted November 9, 2012 Share Posted November 9, 2012 The key to his idea is that one person (or website) doesn't have to figure out THE ultimate solution. Obama can! Cause he's a community organizer! But it has to be an idea that people are interested in pursuing. If Bill Whittle is the only one interested in his idea, It doesn't have to be a lot of people...at least to start. Link to comment Share on other sites More sharing options...
nickydog Posted November 9, 2012 Share Posted November 9, 2012 Didn't sleep well last night -- kept thinking about Bill Whittle. I agree with @SrWoodchuck's first comments about this video. Whittle is reacting to the same shock we all felt Tuesday night. He does have some interesting ideas, and obviously he has been thinking about this for some time, but as @SrWoodchuck said it is also a bit naive. I hope he is able to pull some of his ideas off, but we shall see. His comments about liberals having no virtue was over the top, IMO. I know people who voted for Obama who are very virtuous. They are not "takers," they just see themselves as caring about their fellow man. Whereas we do not, in their view. Wrong, but not all are lacking in virtue. Link to comment Share on other sites More sharing options...
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