"Wes", Some of those customers' banks will first favor you with a center digit, charging you $5 or $10 or so just to cash the check from their (your) customer. (I wonder if they pay taxes on that.) Not always... I was able to cash a hard-collected $200 check at a branch with no "fee"... of course, it was N-O-T one of these big national mega-corporation-banks. Sam On Fri, May 1, 2009 at 11:52 AM, Dean May <blessedbyoverflow at gmail.com>wrote: > Take one tuning, have check made out to you, cash it at the cutomer's bank, > put cash in envelope with your favorite charity on the return address, mail > to John, give middle digit hand signal to IRS. > > Wes > > > > -----Original Message----- > From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On > Behalf Of johndelmore at suddenlink.net > Sent: Friday, May 01, 2009 11:39 AM > To: pianotech at ptg.org > Cc: Jim > Subject: Re: [pianotech] Our brother's keepers > > > > I've done a little 'net searching, and it seems that donors pay no gift tax > up to $13,000, and donees pay no tax on gifts, as long as the gift are > clearly not compensation, or money laundering or anything like that. So I > think we'll all be 'in the clear'. I'd still like a lawyer or tax guy/gal > to chime in, though. > > > > J > > ---- Jim <jim at jimkinnear.com> wrote: > > > Regarding taxes, if there's no income, there should be NO taxes . . I > think > > > the un-formalized gifts from friends would not count as 'taxable income' > . . > > > > > > Any tax people out there?? > > -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://ptg.org/pipermail/pianotech_ptg.org/attachments/20090501/a399ca12/attachment.html>
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