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Subject:  Re: I am such a Wannabee! Date:  2/27/2004  9:49 AM
Author:  dsemmler Number:  2023 of 5245

Sure, you re-read the entire thread and tell me that again.

I did re-read the thread and saw numerous times that you claim you are just a "dingbat mom" and "just hand them the paperwork and they do the rest."

While I don't believe that is true at all (the dingbat mom part), pleading ignorance to the fact that you just turn everything over to your tax advisor will not help you in an audit.

People make mistakes and it is possible that your tax advisors are not giving you the appropriate advice. I cannot say as I do not know very much about the tax laws regarding inventory. It is also possible that SP is incorrect.

Have you tried visiting the Tax Strategies board to get feedback from some of the professionals over at that board? I would be interested to see what they have to say regarding all of this.

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