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.

Taxes and business help


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 06-09-2011, 08:09 PM
calebmoss calebmoss is offline
Member
 
Join Date: Jan 2011
Location: bethpage,tn
Age: 23
Posts: 52
Rep Power: 4
calebmoss is on a distinguished road
Default Taxes and business help

I have just started a lawncare business and taken care of licenes and taxes.

In my county / state every year you have make a list of all your personal property assets from mowers to office supplys. You have to list the item, the cost you paid, and the year purchesed.

I dont fill it right to get taxed for the same cost i paid for something every year when it depreciates in value.

There is a local group TSBDC or Tennessee Small Business Development Centers . They help you get your business started and help you grow. Im thinking about checking it out to see what they offer sence its free.

http://www.tsbdc.org/
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 06-09-2011, 11:45 PM
Fisher Fisher is offline
Senior Member
 
Join Date: Feb 2011
Location: White Bluff, TN
Posts: 156
Rep Power: 4
Fisher is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
Caleb. They depreciate the price each year. I'll have to look at an old schedule but I think the first year that depreciation is over 30%. So 20k will be depreciated to about 13k next year and then keep going down from there. Also keep in mind all city, county and state taxes are deductible I believe dollar for dollar on your federal tax return as well of course as the purchase price so in the end it is a very small amount that these taxes actually cost you.

My concern now about taxes in TN is the change in gas tax I'm hearing about on the news that will be the one to watch out for.
Reply With Quote
  #3  
Old 06-10-2011, 05:27 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,688
Rep Power: 10
Steve has disabled reputation
Default

Quote:
In my county / state every year you have make a list of all your personal property assets from mowers to office supplys. You have to list the item, the cost you paid, and the year purchesed.
Do non-business owners get charged that tax too for their personal lawn mowers?
__________________
- 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
  #4  
Old 06-11-2011, 05:27 PM
Fisher Fisher is offline
Senior Member
 
Join Date: Feb 2011
Location: White Bluff, TN
Posts: 156
Rep Power: 4
Fisher is on a distinguished road
Default

Steve, no it's not taxed on a personal level. But once you get a business license they will send you a "personal property" schedule so that you can list everything that you have bought for company use. Basically if you've bought it a you're able to write that off on your federal tax (whether it's a fax machine, mower, or hand held shears) then you will be expected to list it and pay the city and county taxes on it.

Caleb, have you seen the news reports about Tennessee changing their way of collecting fuel tax? I believe right now that we pay $.70 per gallon for state taxes, this is money used to do road repairs.

What they are talking about doing since electric and more fuel efficient cars are in the future is start charging by the mile. Mileage X the weight of your vehicle X whatever the rate is. At the pump they will have some mechanism for checking mileage since you last filled up in TN and the price will adjust at that moment.

What I would like to know is how will they factor in trailers being towed and the fuel put into containers and and equipment.
Reply With Quote
  #5  
Old 06-14-2011, 10:47 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,688
Rep Power: 10
Steve has disabled reputation
Default

Quote:
What they are talking about doing since electric and more fuel efficient cars are in the future is start charging by the mile. Mileage X the weight of your vehicle X whatever the rate is. At the pump they will have some mechanism for checking mileage since you last filled up in TN and the price will adjust at that moment.

What I would like to know is how will they factor in trailers being towed and the fuel put into containers and and equipment.
I think that is messed up.

We should be promoting better mpg in vehicles and getting away from our addiction to middle east oil and now we have our own government working against that goal.
__________________
- 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
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
Taxes bmroyer Starting a lawn care business. 6 06-06-2011 06:29 AM
Taxes Steve General Business Discussions 9 04-26-2010 05:15 PM
Anyone doing taxes? swstout General Business Discussions 1 02-20-2009 04:55 PM
Taxes All Aspects Landscaping General Talk 2 04-13-2008 11:27 AM
Taxes Gopher Software Support Archived Question & Answers - Read Only 1 04-30-2006 02:32 AM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Repair or replace the...
lxarth
12-17-2014 05:07 PM
Today 03:49 PM
by Steve
6 151
Has Obamacare helped or...
Steve
Yesterday 04:37 PM
Today 03:47 PM
by Steve
2 56
Georgia Boys!
Chilehead
Yesterday 10:23 PM
Today 03:46 PM
by Steve
1 36
Hello from Md
homey
12-17-2014 06:55 PM
Today 03:44 PM
by Steve
4 118
I'm BACK!
SuperiorPower
12-16-2014 11:08 PM
Today 03:43 PM
by Steve
3 139
Employee job training...
brookline
12-15-2014 08:15 PM
Today 12:08 PM
by stevef1201
8 256
what do you "love" to...
calebmoss
07-06-2011 10:05 PM
12-17-2014 05:09 PM
by Chilehead
28 8,907
What Fertilizer to Use?
acrajchel
04-07-2014 02:56 PM
12-17-2014 01:11 PM
by Steve
23 2,932
Grass hopper mower
ExtremeLawncareServices
12-05-2013 09:51 AM
12-17-2014 09:40 AM
by SuperiorPower
34 6,078
Peco Bagger
AGPS
11-18-2014 02:20 PM
12-17-2014 09:13 AM
by SuperiorPower
15 1,272
These are the days on...
ExtremeLawncareServices
03-22-2014 10:12 AM
12-15-2014 10:30 PM
by ExtremeLawncareServices
188 16,502
New to Gopher Haul-from...
323k13l
12-12-2014 10:34 PM
12-15-2014 02:58 PM
by Steve
3 261
hi
creteland
12-12-2014 09:06 AM
12-15-2014 01:45 PM
by Steve
5 263
New addition to my small...
googus
12-12-2014 07:36 PM
12-15-2014 07:47 AM
by googus
4 328
Ferris IS700Z
rmccutchan
12-14-2014 01:10 AM
12-14-2014 11:41 PM
by rmccutchan
4 233
Charge what the market...
Billy Goat
12-09-2014 12:39 PM
12-14-2014 06:39 PM
by biglee
20 770
Hi from IL
steveinil
11-25-2014 02:07 PM
12-12-2014 07:18 AM
by steveinil
4 778
Utility Company Right of...
eastsidelandcare
12-11-2014 04:54 PM
12-11-2014 04:54 PM
by eastsidelandcare
0 251
leaf removal
Double J LLC
10-03-2014 05:24 PM
12-11-2014 04:50 PM
by eastsidelandcare
33 4,017
suggestions on full lawn...
Brian3137
12-10-2014 07:18 PM
12-11-2014 03:41 PM
by Steve
6 362
new to me box truck
jrayb39667
03-06-2014 11:20 PM
12-11-2014 09:43 AM
by Sprinkler Buddy
18 3,329
Hello from SW FL!!
5StarLawnscaping
12-05-2014 02:35 PM
12-10-2014 02:45 PM
by WesleySnips
7 599
Echo pb200 blower fuel...
googus
12-06-2014 09:03 PM
12-09-2014 06:35 PM
by Steve
3 444
Facebook
element009
03-23-2011 09:36 AM
12-09-2014 06:24 PM
by Steve
36 9,764
Are you prepared for the...
Steve
12-02-2014 04:13 PM
12-09-2014 06:22 PM
by Steve
7 863
Email Address Name
Just Cuts
12-07-2014 09:49 PM
12-08-2014 03:15 PM
by Steve
3 397
Inspection form
stevef1201
12-07-2014 10:38 AM
12-08-2014 03:10 PM
by Steve
1 395
Truck, Trailer,...
hawthornelawncare
12-23-2011 01:01 AM
12-08-2014 12:37 PM
by jrs.landscaping
108 34,126
Back Pack Blower
Ian Lovejoy
11-09-2014 08:41 AM
12-07-2014 06:35 PM
by stevef1201
24 1,674
Innovation by mandate
bayoubandit
11-29-2014 01:33 PM
12-06-2014 03:27 PM
by SGL1
12 932
Trying something new,...
ExtremeLawncareServices
09-21-2014 10:07 PM
12-05-2014 11:06 AM
by Steve
9 2,230
Good help is hard to find
Hanks Lawn Care Services
11-19-2014 03:27 PM
12-04-2014 01:32 PM
by stevef1201
15 1,411
How many hours is too...
Just Cuts
12-04-2014 09:00 AM
12-04-2014 01:02 PM
by Just for Cuts
6 577
Does this sound like a...
googus
12-03-2014 07:47 AM
12-04-2014 12:37 PM
by Steve
5 645
New website
Chilehead
11-20-2014 04:39 PM
12-04-2014 12:27 PM
by Steve
14 1,194
New website
SGL1
12-02-2014 10:55 PM
12-03-2014 11:17 PM
by BLC7
19 816
Websites, how long...
Dan Tanner
03-09-2014 08:29 AM
12-03-2014 11:12 PM
by SGL1
21 3,202
I Want to buy old...
ExtremeLawncareServices
10-10-2014 11:04 PM
12-03-2014 10:36 PM
by ExtremeLawncareServices
8 1,840
GPS trackers for...
Billy Goat
12-02-2014 06:09 PM
12-03-2014 07:17 PM
by Steve
8 674
My site is on fronts page
tbtigers03
11-14-2014 05:58 PM
12-03-2014 06:31 PM
by SGL1
17 1,406
Hiring Subs over Temps
Billy Goat
12-02-2014 06:26 AM
12-03-2014 01:24 PM
by Steve
3 605
Thanksgiving cards
Steve
11-10-2008 11:57 AM
12-02-2014 11:11 PM
by SGL1
11 9,495
New parking area
ExtremeLawncareServices
11-07-2014 09:47 PM
12-02-2014 02:17 PM
by jrs.landscaping
12 1,453
Pressure Washing...
WesleySnips
07-31-2014 07:13 PM
12-02-2014 08:47 AM
by SGL1
6 1,470
old contracts
bayoubandit
11-29-2014 11:10 AM
12-01-2014 11:20 AM
by Steve
3 688
Hi to you NOTHERNERS
stevef1201
11-11-2014 05:56 PM
12-01-2014 10:54 AM
by Steve
9 1,236
Lawn care truck
Steve
10-10-2009 03:40 AM
12-01-2014 10:45 AM
by Steve
32 15,139
Intuit Quickbooks...
CDLAWNCARE
11-30-2014 10:19 AM
11-30-2014 10:19 AM
by CDLAWNCARE
0 590
Say Hello !!!
Steve
03-19-2007 12:18 PM
11-28-2014 01:36 PM
by Just Cuts
1,196 355,504
Hello from Kentucky
TRV
09-30-2014 06:42 PM
11-28-2014 10:49 AM
by Steve
13 2,281
» Popular Tags
2wd aerocore apartment bid apartment complex applying auger billy goat brushcutter blades bush charge christmas deliquentaccounts ditches employee problems equipment rental first truck foreman georgia gopherhaul grass gravely growing a lawn care business holiday husqvarna jobs john deere quik trac labor cost landscape services lawn lawn care lawn care business podcast lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care website lighting lighting brass outdoor lights marketing mowing mr dave mulch mulch estimate mulch price new buisness new business new mower ordinance per hour charge podcast profit on employee pto push versus ride running a business savannah search engine optimization seo shreaded small engine repair starting a business starting a lawn care business start up lawn care business steep lawns sulky theft toro grand stand trailer trimmer rack walk behind wood
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 04:13 PM.


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

All times are GMT -5. The time now is 04:13 PM.

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