tax question

[Hechler Family]

ed miller wrote:
> Hello,
>
> How do you do your taxes in regard to the materials used when
> servicing pianos.
>
> For example, glues, tapes and paper puchings. Are these things
> deducted (in that they are operating expenses)? Or are they claimed as
> parts sold (for example, when you regulate a piano your client has
> essentially bought the punchings used to level the keys)? Deducted vs
> claimed.....hmmm?
I put the above supplies in the Cost of Goods Sold expense.

Now if I were to buy the supplies and then do a markup and resell the
supplies to a person, that would be normal expenses and income.

Regards, Duaine

-- 
Duaine Hechler
Piano, Player Piano, Pump Organ
Tuning, Servicing & Rebuilding
Associate Member of the Piano Technicians Guild
Reed Organ Society Member
St. Louis, MO 63034
(314) 838-5587
dahechler at charter.net
www.hechlerpianoandorgan.com