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 online now
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: 37,135
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: 74
Posts: 4,475
Rep Power: 11
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 online now
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: 37,135
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: 4
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
How do you get...
ESREVER
03-25-2015 01:30 PM
Today 11:09 PM
by SC93
9 238
35,000 Eddm
greenscaper123
03-18-2015 12:51 PM
Today 10:51 PM
by SC93
22 586
landscape insurance
clarkslawn
Today 10:14 PM
Today 10:14 PM
by clarkslawn
0 16
Engine question
Blue Star Lawn Care
Today 09:47 PM
Today 09:47 PM
by Blue Star Lawn Care
0 16
Hydro oil
googus
Today 06:45 AM
Today 09:32 PM
by googus
2 51
First big mower decision?
SGL1
03-28-2015 08:58 AM
Today 08:16 PM
by Just for Cuts
8 148
Employee job training...
brookline
12-15-2014 07:15 PM
Today 07:39 PM
by SGL1
30 2,448
Finally got a warehouse
avetslawncare
03-12-2015 07:52 PM
Today 07:36 PM
by SGL1
16 600
Ferris FW35 questions
Chilehead
03-10-2015 08:31 PM
Today 07:08 PM
by Dan Tanner
7 435
Bid for large home...
lxarth
03-22-2015 11:06 AM
Today 07:03 PM
by avetslawncare
11 413
Covering a landscape...
Dan Tanner
Yesterday 09:01 AM
Today 06:55 PM
by Dan Tanner
5 134
Dethatching attachments
jcurr33
Yesterday 08:56 PM
Today 05:18 PM
by jcurr33
2 78
Commercial Jobs
CurbAppeal1
03-25-2015 04:22 PM
Today 02:24 PM
by Steve
7 261
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 12:06 AM
Today 02:07 PM
by Steve
4 431
Trepidation about...
michellemarvin
03-23-2015 07:46 PM
Today 01:40 PM
by Steve
3 206
I lost a long term...
Sprinkler Buddy
09-04-2011 02:24 PM
Today 01:36 PM
by Steve
16 3,494
Billing methods
jcurr33
03-26-2015 01:33 PM
Yesterday 05:13 PM
by avetslawncare
8 250
bidding a cemetery....
NPM_LLC
03-28-2015 10:56 AM
Yesterday 01:18 PM
by jrs.landscaping
5 151
Weed and Feed
robkattankate
03-19-2015 09:00 PM
Yesterday 08:42 AM
by Dan Tanner
5 589
Mower vs lot size advice
jcurr33
03-25-2015 09:29 PM
03-28-2015 08:37 AM
by Dan Tanner
5 218
hoa bid need help
bigdaveha12
03-24-2015 08:29 PM
03-27-2015 11:17 PM
by lxarth
6 288
introducing myself
chris2500hd
03-24-2015 11:16 AM
03-27-2015 02:02 PM
by Steve
8 260
Flag or no flag
Matther777
03-24-2015 02:41 PM
03-27-2015 12:25 PM
by biglee
10 361
Office Administration...
Girlfriend
03-26-2015 05:40 PM
03-26-2015 05:40 PM
by Girlfriend
0 742
Is this tree beyond help?
SGL1
03-22-2015 05:35 PM
03-25-2015 08:55 PM
by SGL1
14 1,162
Opinions on truck wrap
Trupro
02-28-2015 03:21 PM
03-25-2015 07:54 PM
by Trupro
33 1,625
The New Wave!!!! Read...
Jamesw86
03-22-2015 08:33 PM
03-25-2015 02:50 PM
by Steve
10 351
grass in the gas tank
robkattankate
03-23-2015 04:37 PM
03-25-2015 02:36 PM
by Steve
5 228
Helping others
hansenslawncare
09-15-2011 08:50 PM
03-25-2015 02:33 PM
by Steve
11 2,688
DOT Number
acrajchel
03-20-2015 05:56 PM
03-25-2015 02:28 PM
by Steve
7 546
Michelin x tweel.
apmAkron
03-23-2015 04:22 PM
03-24-2015 12:40 PM
by Steve
3 156
spike aerator???
Bradcook21
03-21-2015 01:55 PM
03-24-2015 10:32 AM
by acrajchel
4 251
Hello from Maryland
michellemarvin
03-23-2015 12:44 PM
03-23-2015 07:33 PM
by michellemarvin
2 169
hello from south GA.
CCandALawnCare
03-23-2015 03:46 AM
03-23-2015 07:06 PM
by CCandALawnCare
2 148
Say Hello !!!
Steve
03-19-2007 11:18 AM
03-23-2015 06:14 PM
by jethro
1,218 380,449
Is anyone doing mosquito...
BWild
01-27-2015 11:30 AM
03-23-2015 12:28 PM
by Steve
9 886
Should i take on this...
christw
03-17-2013 01:23 PM
03-22-2015 09:02 PM
by ExtremeLawncareServices
36 7,614
mower stalls when...
boog
03-19-2015 08:20 AM
03-21-2015 08:13 PM
by Wolf4dk
7 294
These are the days on...
ExtremeLawncareServices
01-11-2015 10:41 AM
03-20-2015 10:00 PM
by ExtremeLawncareServices
32 4,020
Hello Emily Reyes from...
Webster14829
03-20-2015 11:23 AM
03-20-2015 03:36 PM
by Steve
2 202
Finally going to give it...
jcurr33
03-12-2015 08:09 PM
03-20-2015 03:31 PM
by Steve
10 589
Weed id?
SGL1
03-17-2015 08:20 PM
03-20-2015 02:37 PM
by Steve
6 305
Mobile small engine...
luckylogger
03-15-2015 02:05 PM
03-20-2015 06:17 AM
by jrs.landscaping
15 521
Brad Cook 21
SC93
03-16-2015 10:40 PM
03-19-2015 09:04 PM
by Bradcook21
4 478
honest opinion please
uppercut
02-17-2015 01:30 AM
03-18-2015 02:55 PM
by Steve
15 1,358
Repair or replace the...
lxarth
12-17-2014 04:07 PM
03-18-2015 02:49 PM
by Just for Cuts
21 2,053
new to the site
bigdaveha12
03-17-2015 09:13 PM
03-18-2015 02:33 PM
by Steve
1 231
Small dovetail truck...
ExtremeLawncareServices
03-04-2015 06:47 PM
03-17-2015 10:14 PM
by ExtremeLawncareServices
17 893
New Site Hows it look
Infinitelawn
03-16-2015 10:32 AM
03-17-2015 08:15 PM
by SGL1
3 307
mulch questions
Bradcook21
03-08-2015 08:37 AM
03-17-2015 07:00 PM
by Bradcook21
23 1,044
» Popular Tags
apartment complex auger bark billy goat brushcutter blades blowout bob villa collections commercial design edging employee problems equipment rental ferris flyers foreman free advertising grass growing a lawn care business hardscapes hills hiring husqvarna hydraulic introduction john deere quik trac landscape landscape services landscaping training lawn aeration lawn care lawn care business seo lawn care business website lawn care business website seo lawn care seo lawn care website marketing more customers business mr dave new business ordinance past due patio install per hour charge pricing profit on employee pto push versus ride running a business scag v-ride scripts search engine optimization secrets to landscaping sell the vision seo shell small engine repair square foot sulky toro grand stand trailer tree trimmer rack truck new used landscape walk behind web design website website design winterization won't return
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 11:54 PM.


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

All times are GMT -5. The time now is 11:54 PM.

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