Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Just starting your lawn care or landscaping business? > Starting a lawn care business.

Starting a lawn care business. How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.

Georgia Lawn Care Business Sales Tax Requirements


Starting a lawn care business.

How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 07-13-2012, 03:29 PM
DeMenkey DeMenkey is offline
Member
 
Join Date: Oct 2011
Posts: 72
Rep Power: 4
DeMenkey is on a distinguished road
Default Georgia Lawn Care Business Sales Tax Requirements

How much do you collect on the state and fed taxes from each person/job. And how much to I save in the bank to pay taxes at the end of the year. How does this work anyways? I live in White County, Georgia.
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 07-13-2012, 04:34 PM
WorkForMySelf WorkForMySelf is offline
new member
 
Join Date: Jan 2012
Posts: 210
Rep Power: 0
WorkForMySelf is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
No idea. I have spent almost every dollar on new equipment and am paying myself less than 20k for the year so I expect to pay almost no taxes. My accountant will give me the good news at the end of the year so in reality I have no idea lol. I know we get a tax break for opening a new business but have to make a certain amount of taxable profit or will lose our business license and become "hobbyist" lol wtf that means.
Reply With Quote
  #3  
Old 07-13-2012, 05:37 PM
LawnBoy0311 LawnBoy0311 is offline
new member
 
Join Date: Jun 2012
Location: East Coast
Posts: 1,169
Rep Power: 0
LawnBoy0311 is on a distinguished road
Default

collect cash. what the IRS don't see, the IRS don't know...


Obviously kidding.
Reply With Quote
  #4  
Old 07-16-2012, 11:58 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,540
Rep Power: 10
Steve has disabled reputation
Default

Quote:
How much do you collect on the state and fed taxes from each person/job. And how much to I save in the bank to pay taxes at the end of the year.
This will be based on a number of factors. But if you can estimate which tax bracket you will be in, you can estimate how much you need to save and then pay your estimated quarterly taxes.

You can look up the tax brackets though in your state and the federal government and get a better estimate.

Also remember you are not just going to pay state and federal income takes, you also have to pay self employment tax.
Quote:
"The self-employment tax in the United States is typically set at 15.30% which is roughly the equivalent of the combined contributions of the employee and employer under the FICA tax. The rate consists of two parts: 12.4% for social security and 2.9% for Medicare. "
I don't mean to scare you with all this, just make you aware. Will you be handling your accounting/taxes or will you have an accountant do it?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #5  
Old 07-16-2012, 04:32 PM
CHEESE2009's Avatar
CHEESE2009 CHEESE2009 is offline
Dr. Scott - Ruler of the Underworld
 
Join Date: Mar 2009
Location: Switzerland, Grindelwald
Age: 73
Posts: 4,475
Rep Power: 10
CHEESE2009 is on a distinguished road
Default

Quote:
Originally Posted by LawnBoy0311 View Post
collect cash. what the IRS don't see, the IRS don't know...


Obviously kidding.





hehehe
Reply With Quote
  #6  
Old 07-17-2012, 08:01 AM
DeMenkey DeMenkey is offline
Member
 
Join Date: Oct 2011
Posts: 72
Rep Power: 4
DeMenkey is on a distinguished road
Default

I'm gonna do it this year than hire an accountant.
Reply With Quote
  #7  
Old 07-17-2012, 12:42 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,540
Rep Power: 10
Steve has disabled reputation
Default

Keep us posted on how it goes for you. I am sure you will do fine. The first year though is always an eye opening experience.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #8  
Old 07-17-2012, 07:02 PM
Martywdx Martywdx is offline
Member
 
Join Date: Oct 2010
Location: Iowa
Age: 57
Posts: 94
Rep Power: 5
Martywdx is on a distinguished road
Default

In Iowa sale tax is collected on gross sales with lawn-care services, not net,except for snow removal. No sales tax need be collected for the state. go figure

Last edited by Martywdx; 07-17-2012 at 07:05 PM.
Reply With Quote
  #9  
Old 07-20-2012, 07:13 PM
branchoutshrub branchoutshrub is offline
Junior Member
 
Join Date: Mar 2012
Location: Woodbury, MN
Posts: 19
Rep Power: 3
branchoutshrub is on a distinguished road
Default

Hiring an accountant is the best way to go. I did it 3 years ago and its made life a lot easier. Granted he charges a bit for his services, but it makes taxes a little less stressful. I pay taxes quarterly to help ease the pain.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
More time on the jobsite leads to more sales - GopherHaul 44 Lawn Care Business Show Steve Lawn Care Business Marketing - GopherHaul Forum News 0 10-09-2009 06:41 AM
Lawn care business sales lesson - GopherHaul Lawn Care Business Marketing Show Steve GopherHaul Lawn Care Business Show, Video, Book & Podcast Discussions. 0 07-30-2009 04:03 PM
Lawn care business sales lesson - GopherHaul Lawn Care Business Marketing Show Steve Lawn Care Business Marketing - GopherHaul Forum News 0 07-30-2009 04:01 PM
Lawn care customer sales funnel - GopherHaul 39 Lawn Care Business Marketing Show Steve Lawn Care Business Marketing - GopherHaul Forum News 0 06-23-2009 04:39 PM
Lawn care customer sales funnel - GopherHaul 39 Lawn Care Business Marketing Show Steve GopherHaul Lawn Care Business Show, Video, Book & Podcast Discussions. 0 06-23-2009 04:38 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
Today 03:33 PM
by biglee
160 12,062
Lawn Care business...
crieg122
10-23-2014 01:23 PM
Today 03:27 PM
by biglee
17 771
Pavers
crieg122
10-28-2014 02:49 PM
Today 12:49 PM
by Steve
6 279
Client won't pay...
WesleySnips
Yesterday 02:53 PM
Today 12:00 PM
by Steve
6 199
Hi Steve From West...
Mr. Mow
10-21-2014 01:59 PM
Today 11:56 AM
by Steve
5 595
Got my first lawn job...
SGL1
06-11-2014 09:19 PM
Today 09:53 AM
by Max Wagner
30 2,546
Gie-review / What's new...
ExtremeLawncareServices
10-25-2014 09:19 AM
Today 09:30 AM
by ExtremeLawncareServices
7 492
Business Name
sanchez5
10-28-2014 11:55 PM
Today 05:51 AM
by ringahding1
10 318
"Price...
Mr. Mow
Yesterday 03:21 PM
Today 05:48 AM
by ringahding1
3 166
Help a brother...
tbtigers03
09-28-2014 11:41 AM
Today 05:41 AM
by ringahding1
15 1,964
sod job
SGlawncare
Yesterday 08:21 PM
Yesterday 08:21 PM
by SGlawncare
0 26
Difference between lawn...
sanchez5
10-29-2014 04:20 PM
Yesterday 02:08 PM
by Steve
2 199
My Newest Toy (B.P....
Dan Tanner
10-23-2014 05:50 PM
10-29-2014 12:26 PM
by Steve
6 552
West cost lawn prices
SGlawncare
10-09-2014 09:51 PM
10-28-2014 11:08 PM
by SGlawncare
4 912
Say Hello !!!
Steve
03-19-2007 11:18 AM
10-28-2014 02:51 PM
by Steve
1,193 341,161
Business Cards
crieg122
10-25-2014 12:03 PM
10-28-2014 02:37 PM
by crieg122
4 424
So how do you guys...
Mr. Mow
10-26-2014 07:55 AM
10-28-2014 04:56 AM
by Billy Goat
2 365
Pressure Washing Like a...
TNTurf
08-01-2014 11:47 PM
10-27-2014 10:36 PM
by SGlawncare
12 1,281
new to the forum
madmedic8575
10-24-2014 02:52 PM
10-27-2014 12:14 PM
by Steve
1 386
Dealing With Gas Can...
Mr. Mow
10-21-2014 01:41 PM
10-26-2014 10:59 AM
by stevef1201
13 749
Leaf removal
madmedic8575
10-24-2014 04:14 PM
10-26-2014 07:45 AM
by Mr. Mow
5 517
raking leaves ?
robert8509
10-22-2014 09:19 PM
10-25-2014 12:09 PM
by biglee
10 652
Leaf Box & Loader Set...
ringahding1
10-21-2014 06:20 AM
10-25-2014 11:46 AM
by crieg122
6 643
hey everyone
robert8509
10-22-2014 08:16 PM
10-24-2014 11:07 PM
by robert8509
7 544
12 Years in Business!
Chilehead
10-23-2014 08:07 AM
10-23-2014 11:08 PM
by Chilehead
2 463
Cheapskate Landlord...
Mr. Mow
10-20-2014 06:33 AM
10-23-2014 05:55 PM
by biglee
13 800
Hi from SoCal
Jmoney
10-23-2014 11:29 AM
10-23-2014 12:51 PM
by Steve
1 423
Workmans compensation...
CDLAWNCARE
10-15-2014 08:05 AM
10-23-2014 12:33 PM
by Steve
5 898
Pda
stevef1201
10-18-2014 02:05 PM
10-23-2014 06:12 AM
by ringahding1
4 725
Hello, from TEXAS
sanchez5
10-17-2014 09:56 PM
10-22-2014 01:27 PM
by Steve
6 789
Organic Lawn Care...
NHray
10-17-2014 06:05 PM
10-22-2014 01:23 PM
by Steve
3 751
first year update
cmdlawncare
08-12-2014 05:41 PM
10-22-2014 07:47 AM
by ringahding1
4 1,744
What parts do you carry...
Just for Cuts
10-17-2014 09:08 AM
10-21-2014 01:36 PM
by Mr. Mow
16 1,036
Jungle to Beautiful
stevef1201
10-17-2014 09:54 AM
10-21-2014 01:26 PM
by stevef1201
11 893
Sunny Beach Tennis...
SGL1
10-19-2014 11:24 PM
10-21-2014 01:04 PM
by SGL1
4 622
Have you ever had to...
SouthernRootsLawnCare
07-26-2014 02:41 PM
10-20-2014 08:34 PM
by biglee
10 2,222
Look out Bob Villa -...
Mr Dave
09-30-2014 10:06 AM
10-20-2014 05:42 PM
by SGL1
7 1,721
how to fi d commercial...
mchampion319
10-19-2014 09:50 PM
10-20-2014 04:41 PM
by Steve
1 593
Hello From Tennessee
mrmann901
10-17-2014 10:02 PM
10-20-2014 04:24 PM
by Steve
1 662
questions on order to...
jack2048
10-13-2014 11:15 AM
10-20-2014 03:27 PM
by Mr. Mow
15 1,117
This sucks...
Matther777
09-18-2014 04:56 PM
10-20-2014 02:14 PM
by Steve
14 2,657
Cement mixer
KevinsLawns
10-15-2014 08:03 PM
10-20-2014 02:11 PM
by Steve
7 845
Hello ! New guy Rob here
RWorthley1
10-17-2014 04:05 PM
10-20-2014 02:09 PM
by Steve
1 694
Snow Blowing
gwilson98
10-12-2014 02:21 PM
10-17-2014 02:51 PM
by Steve
6 1,040
Spreading Weeds?
WesleySnips
07-27-2014 09:46 PM
10-17-2014 07:49 AM
by SGL1
6 1,338
Grasswhoopins.com Anyone...
GRASS WHOOPINS
06-21-2011 11:38 PM
10-16-2014 01:30 PM
by ExtremeLawncareServices
42 9,747
I Want to buy old...
ExtremeLawncareServices
10-10-2014 10:04 PM
10-15-2014 09:12 PM
by ExtremeLawncareServices
6 1,052
Do you find weed eating...
chuck2s
10-15-2014 02:10 PM
10-15-2014 02:10 PM
by chuck2s
0 776
Incorporating &...
WesleySnips
10-01-2014 09:39 PM
10-15-2014 01:37 PM
by kslawn
20 1,915
Falling into business
stellarmowing
09-28-2014 04:35 PM
10-15-2014 05:57 AM
by ringahding1
8 1,909
» Popular Tags
4wd aerocore apartment bid apartment lawn care estimate applying article marketing bid blades bush care charge collections subcontractor decorating deliquentaccounts demonstration ditches employee problems estimate exmark ferris four wheel drive gopherhaul gravely growing a lawn care business honda how much to charge how to installation introduction landscape services lawn lawn care lawn care busines plan lawn care business lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care website marketing monthly mulch mulch price new mower ordinance patio install podcast pto redmax reo running a business scag search engine optimization seo snow snow plowing starting a business steep lawns steve stihl theft of services top dresser toro toro grand stand trailer mate pro tree truck new used landscape turfgrass consulting walker won't return
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 06:28 PM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 06:28 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy