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Old 06-20-2010, 05:17 AM
  #131  
Scorpion1110
Senior Member
RACING JUNKIE
 
Join Date: Jun 2007
Location: Standing right behind you
Posts: 1,151
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Originally Posted by burnskustomz
Theres no relation between Midsouth Hotrodz & BurnsKustomz we are just real good friends and as far as that 85 Camaro that Anthony has it only ran a 8.80 because the carb was messing up so no wonder the man traded!!
Then why does your Signature Line say this?

Midsouth Hotrodz & Kustomz
"ALL THROTTLE NO BOTTLE"
http://www.racingjunk.com/profile/361308
http://www.youtube.com/user/sethster70

What exactly is the relationship Seth? And how does BurnsKustomz equate to Midsouth Hotrodz and Kustomz.

BTW are you an LLC or a Sole Proprietorship for tax purposes? And you are reporting the gain(s) between book and market on all your deals correct? If its a trade you roll the gain or profit into the value of the new item that you are taking into inventory.

You are reporting everything for tax purposes correct? Or if you are not old enough to do a return, I guess that would be your parents, and given the Service is embarking on an increased number of audits both at the Corporate and Individual level, its important to make sure all your records are in order.

They are I am sure

Scorp
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