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Reply by Bill

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Posted on Regulatory Changes in Woodworking Methods

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Bill

2579 posts in 2850 days


#1 posted 05-05-2007 06:58 PM

Not in the least Chip. This is just one more of those “regulatory” items that affects our business. The tax codes are one of the biggest impacts on our business.

This year my accountant told me I should buy a vehicle in the 6000 lb category for my business. Since I do not have that income level yet, I have to pass. But, it is definitely a factor I have to consider. I was thinking of a small truck that gets decent mileage, but that might not qualify. So, now thanks to the tax code, I may be one of those gas guzzlers someday.

By the way, gas is averaging around $3.40 here in this area of California, with price increases expected for the summer season. One more “tax” on our business.

-- Bill, Turlock California, http://www.brookswoodworks.com


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