Cub, Well, I'm one of those "intent" guys. My overhead is essentially a few bucks more than I charge for for a club (shaft and head stock, numerous tools, epoxy, grip tape, ferrules, computer, work space, etc.), so essentially I'm paying my friends to make them a club. But, I love to make 'em anyway. Compete with that, ole' buddy! :-)
And, yes, I add in my token earnings to my income and deduct as allowed (don't remember what was allowed and what wasn't... wife figured that out). With all the hospital time this year, not much to add or deduct, though...few hundred dollars, maybe? Won't take long to add it up. Well, I don't lose as much that way. :-) Hope all you "business" clubmakers sold a lot of clubs for Christmas...and wishing you all the best next year. Bernie Writeto: [EMAIL PROTECTED] ----- Original Message ----- From: "Steve "Cub" Culbreth" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Saturday, December 21, 2002 2:36 PM Subject: Re: ShopTalk: What is it worth? > Burgess, > > I didn't take shorthand but I have common sense and > understand intent. The overwhelming majority of hobbyist build their > labor of love for the sole purpose of trading the product for local > currency. This "intent" makes them a businessman. The relatively few > who sell their labor of love only so that they can continue to pursue > their interest, are hobbyist by "intent". Semantics, personal beliefs, > IRS rulings, and the price of tea in China aside, they must render unto > Caesar. I bet most do not and that is my point. Get a business license, > pay your taxes, and I don't have a problem competing with you. > > Cub > > and trade it for local currency. > > > I said "hobbyist != businessman." The term "!=" is shorthand for "not > equal." > > > > > > Again, the simple fact that one is liable for taxes does not make him a > > businessman. > > > > Burgess > > > > > > > >
