tag:blogger.com,1999:blog-3972382144120426476.post9149480109214575468..comments2024-03-28T09:06:06.709-05:00Comments on Every goddamn day: 03/28/24: Buy my posterNeil Steinberghttp://www.blogger.com/profile/11468057838260476480noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3972382144120426476.post-90191967718104321732018-01-18T08:45:06.020-06:002018-01-18T08:45:06.020-06:00Cool poster. Needs a black frame. Definitely black...Cool poster. Needs a black frame. Definitely black. Tony Galatihttps://www.blogger.com/profile/11944671504245191140noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-82356649449174936042017-01-22T07:55:25.810-06:002017-01-22T07:55:25.810-06:00Glad I didn't see the Kick the Clown photo lat...Glad I didn't see the Kick the Clown photo late at night or I'd have nightmares.<br /><br />Glad to see you made some comments about Trump's speech. Would love to see a few words on what you think of Blago not having his sentence commuted.Privatehttps://www.blogger.com/profile/10757585399827295128noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-79874224795903745812014-01-19T11:07:50.629-06:002014-01-19T11:07:50.629-06:00That sounds right. I'm not in the business of ...That sounds right. I'm not in the business of selling tangible personal property.<br />Neil Steinberghttps://www.blogger.com/profile/11468057838260476480noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-18435210386938353422014-01-19T09:50:25.822-06:002014-01-19T09:50:25.822-06:00That's probably right. Here is the provision f...That's probably right. Here is the provision from Chapter 86 of the Illinois Administrative Code, exciting reading on a Sunday morning:<br />Section 130.110 Occasional Sales<br />a) Since the Act does not impose a tax upon persons who are not engaged in the business of selling tangible personal property, persons who make isolated or occasional sales thereof do not incur tax liability.<br />b) For example, if a retailer sells tangible personal property, such as machinery or other capital assets, which he has used in his business and no longer needs, and which he does not otherwise engage in selling, he does not incur Retailers' Occupation Tax liability when selling such tangible personal property even if the sales are at retail and even if he may be required to make a considerable number of such sales in order to dispose of such tangible personal property, because such sales are isolated or occasional and do not constitute a business of selling tangible personal property at retail.<br />c) However, construction contractors and real estate developers are not considered to be isolated or occasional sellers of tangible personal property to the extent noted in Section 130.1940(c) and (d) of this Part.<br />d) Where persons engage primarily in the business of selling tangible personal property other than for use or consumption (such as the business of selling tangible personal property primarily to purchasers for resale), the mere fact that their sales for use or consumption may comprise but a small fraction of their total sales does not make the retail sales isolated or occasional. The vendor is liable for tax measured by his gross receipts from such retail sales.<br />e) Regarding sale/leaseback situations, typically customer A purchases equipment from retailer B, and then sells it to lessor C who leases the equipment back to customer A. Customer A has paid tax when purchasing the equipment in the first transaction under a taxable retail sale and the second transaction where customer A sells the equipment to lessor C is a nontaxable occasional sale so long as A is not otherwise in the business of selling like-kind property.<br />(Source: Amended at 24 Ill. Reg. 15104, effective October 2, 2000) Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-55557645162611235862014-01-19T05:41:25.660-06:002014-01-19T05:41:25.660-06:00After consulting with my accountant, we believe th...After consulting with my accountant, we believe that selling 40 posters falls under the "isolated sales" exception. Given that, if we are later found liable, we could face of penalty of up to $20, based on the entire worth of the goods sold, we aren't worrying about it. Thanks for asking. Neil Steinberghttps://www.blogger.com/profile/11468057838260476480noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-64638681408340720182014-01-18T22:55:28.289-06:002014-01-18T22:55:28.289-06:00So are you charging sales tax to Illinois resident...So are you charging sales tax to Illinois residents who order and pay for one or not? The text below does not say. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-21730091651800029792014-01-18T20:48:35.515-06:002014-01-18T20:48:35.515-06:00That was my first thought as well: train platforms...That was my first thought as well: train platforms, el stations, bus stops -- any place where people are congregating and waiting...and we all know how long those Metra waits have been recently. SandyKnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-67672668929688462932014-01-18T14:31:00.280-06:002014-01-18T14:31:00.280-06:00Great idea Bill. I'm going to go scouting the ...Great idea Bill. I'm going to go scouting the El this week. Neil Steinberghttps://www.blogger.com/profile/11468057838260476480noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-24228261495502496202014-01-18T13:41:55.759-06:002014-01-18T13:41:55.759-06:00Lovely poster! My advice if you go public wall: m...Lovely poster! My advice if you go public wall: make it spots where it's visible from the El, or Metra, near stations where trains slow down or stop briefly. Give folks something to see, and they've already got their smartphones out, right? Go right to the site. . . You might ask whoever lives in the right-opposite the El apartment at Newport, the one with the green windows, to put one in their window. Red and Purple lines stop right there all the time.Bill Savagehttp://chicagobydayandnight.comnoreply@blogger.com