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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (410968)	2/15/2011 3:52:00 PM
From: kumar	Respond to of 793597

Rephrase the Q : If I pay by credit card, do I pay 3% more ? In most places, the 3% more is built in - unless u say - no card - take 3% off....

To: Bill who wrote (410968)	2/15/2011 4:58:39 PM
From: Katelew	Respond to of 793597

We never have owned a retail business. At one time we owned quite a bit of rental property and could have fudged there in lots of ways. We also at one time owned some acreage and built a kind of hobby farm on it. This also generated opportunites to fudge there relative to the cost of the improvements to the land, farm equipment, etc. Throughout all of this my husband was classified as an independent contractor with the company he worked for. This put him in a position of having some leeway relative to the contributions he was making to his SEP and Keough plans. In other words, he could have stuck more in those retirement plans than he was entitled to if he had wanted. It got a little touchy at times because so often a subcontractor would offer a lower price for cash. A painter, for example. And we didn't want to be offensively self-righteous about it when refusing. We had a kind of stock answer about needing to write checks in order to keep our bookkeeping simple....that our accountant demanded it. We did a little horsetrading which, I guess, is sort of cheating. Once my husband took a bunch of ornamental Chinese chickens as partial payment for rent that was owed us. Our kids went nuts over them. And we traded a cow for an old bass boat. It was hard work, seriously, to keep up with it all and even get it reported "honestly". The business software now, the ability to pay bills online, the using of emails to negotiate prices of things...so many improvements of the ways we had to conduct our business efforts. I could weep.