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Author: Myownigloo Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 14985  
Subject: Re: Help with Inventory and Books Date: 8/18/2012 1:23 PM
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What information is needed for your state taxes? Is this to figure state income tax, a tax on inventory or what? You might have to do a separate inventory to conform to the desires of your political lords and masters in Callie*.


I don't know yet, but they provide a free workshop which I am attending on September 6th which will instruct me all of this, so I'm not worried so much about the state. Now I just have to figure out the Fed by the end of the year. I think I can manage. I've been setting up an Excel spreadsheet for the inventory and putting in the info as I get time. It's coming together.

Thanks for your help!

MOI

(*Actually, you're not too far off there. It's the state that is the scariest. The California State Board of Equalization is nastier than the IRS used to be.)
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