shadroch

Atlas attracted top talent by paying higher page rates and offered benefits Marvel didn't. Marvel was a cog in a much bigger machine and I'm surprised anyone would think Stan could make different deals with different artists. Wally Wood died in 1981, and the last time Wood and Ditko worked together seems to have been several years earlier. I doubt Stan was a millionaire in that time period.

Compare this to how the DC editors acted. I thought Stan was getting bashed for being an editor and not a writer, but here he gets bashed for editing.

You do realize that you won't be filing taxes on each book, right? And that you've had expenses storing the book for the last thirty years.

What are you pricing it for? A sale or just to price it?

Way too much paperwork for this crowd.

I'm pretty sure they go by your tax returns.

The government doesn't tax your ebay sales as income. You know that. They tax your profit. If the person is making $1,000 a month profit off ebay, how is that any different than him making $1,000 at a part time job? If his monthly profit exceeds medicaid limits, why should he be on medicaid?

Our government depends on tax revenue to function. Obviously people who were laid off during the pandemic are not paying taxes to the amount that was anticipated so new sources of revenue must be found. All they are doing is no longer depending on people to honestly report their incomes and creating paper trails to go after the ones who don't. I compare it to the govt. installing red light cameras. As I don't go thru red lights, it doesn't effect me at all. Nor does this.

1.8 as shown.

A world without Stan is a world I'll pass on.

To be honest, what you have, in all likelihood is one box of decent stuff and fourteen boxes of . Sell it as a collection and it will bring you peanuts.

It used to be illegal for men to expose their chests. It still is in many places. My first day in Fort Lauderdale, I was stopped for walking bare chested . I've pictures of my Dad at Coney Island as a kid and every man is wearing a bathing suit that covers their nipples.

Kirby had burned his bridges at DC and really had no other option but to return to Marvel. I think he was hip deep in litigation over his failed newspaper strip around this time Nothing any of them did alone compares to what they did together. The people who got lucky were we, the fans. Kirby could have gone into advertising and made big bucks like his former partner Joe Simon and Lee might have written that novel he always wanted to and ended up on Hollywood Squares.

The big debate at the time was are graphic novels/trade paperbacks comics or books? As comic stores multiplied, the sales tax people paid more attention to it. Of course, as selling lines expanded, more and more stuff became taxable. Bags, boxes, pins, calenders, D&D stuff, toys, ect, ect, but when I first opened all I sold was comics. New and old. By the way-no one charges sales tax. They collect it. It's a new world out there and governments are going to be trying to recoup the money the pandemic has cost society. Adapt or die.

It was 1984 and the only thing I should have been collecting tax on was the packs of cards that I sold. I had no idea I was responsible for filing and once I knew the requirements I followed the rules. I changed book-keepers after that, and my new guy filed the forms, as most of them did in those days. Now , a program does all that.

I don't do my own taxes. While I try and stay on to of changes that affect me, I have had my taxes down by pros for decades, except for a few years when I was voluntarily unemployed. I'm going to make a wild assed guess here, but I think most people will ignore the notices Ebay sends out, and the IRS will audit maybe 1% of them. Back in the 1980s, I was called in by the NY State tax people. I'd failed to file sales tax reports for three straight quarters and I got a bill for several thousand dollars. A face to face got them to accept $250, including $75 in penalties. In the mid-1990s, I was invited to a meeting with an IRS agent concerning some irregularities. When I showed up, the meeting was canceled as I did not have my SS card with me. The agent gave me a number to call to reschedule but I gave up after a few busy signals. About six months later I got a letter saying the investigation was complete, I owed nothing and if I was unhappy to call the same number I'd gotten months before.

I look at the fantastic characters and incredible storylines Kirby and Ditko produced in the 1950s and realize how lucky Lee was for them to come work with him. Kirby was in the business for well over twenty years before he joined Marvel and Ditko was working for Charlton, about as low as you could go for an artist. How lucky did Stan get, considering how much demand there was for these guys services? When Jack returned to Marvel, he was living in a distinctly middle class house he had lived in for a decade. Eight years later, he moved to California, to a beachfront mini-mansion. Funny how that turned out.

Get a signed receipt or make a notation on the bank form when you take out the cash.. Even if you pay them in cash, write a check to yourself for the amount and note the purpose on the check, then cash it and pay the people. When I buy a book for more than a few dollars, it gets a small sticker that has when I bought it, where I bought it, the condition I graded it and how much I paid for it.

When I opened my first store, it seemed all my best customers were paperboys. Within a few years, the business model changed and adults took over the delivery system.

7.5. I thought I'd outgrown comics until I saw Defenders 10 and had to have it, which lead to tracking down the other chapters of the War and rekindled my love of comics. Avengers 117 was the hardest to track down.

The rules have changed. The pass thru is a game changer.

I'm not familiar with how the IRS deals with barter. I'd ask my tax guy if I were in your place.

Before anyone complains about the IRS cracking down on these sales, you might look at the gift the current tax law gives to any qualified small business where you can deduct 20% of your total income as a pass thru expense. There are obviously some limits to it, and some professions aren't eligible but comic dealers are,

Bartered goods and services are also taxable income. I'm amazed about the lack of understanding on how taxes work. I took one business course in college and I remember someone asking the instructor why everyone didn't start their own small business just for the tax benefits.