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<p>[QUOTE=&quot;Owle, post: 1861371, member: 22004&quot;]With numismatics, like stocks, you can have a huge gross income but low net profits, with stocks there is SS# tracking so the IRS is looking for a return corresponding to the stock transactions, but they may not be getting corresponding transaction reports on auction sales, straight sales to a company, etc..&nbsp; Apmex is the only numismatic company that has ever asked for my ss#.&nbsp; </p><p><br /></p><p>The question is with the terrible consequences of cheating is will those who need quality accountant and other help know how to get it?&nbsp; I have employed good ones and totally unscrupulous ones and those birds wreak havoc with the psychology of those they cheat for.&nbsp; Better to be honest but work in all your deductions as it&#039;s not like the federal budgets are getting balanced anytime soon, the states however have to balance their budgets.[/QUOTE]</p><p><br /></p>

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