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The entrepreneur grew a successful business selling ice cream from her bike. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...
On January 17, 2008, the business was seized by the Massachusetts Department of Revenue because of failure to pay more than $167,000 in taxes dating back to 2000. Ice cream maker Samuel Mehr set up a website with a PayPal donation link, [10] and an overwhelming amount of support from the local community and beyond provided the owners with more than $30,000 toward satisfying the tax bill.
You’re not eligible for the $250,000-per-person home sale profit exclusion, and in addition to paying capital gains tax you also face a depreciation recapture tax of 25%.
Tax professors typically teach that it was income to Forneris when he caught it because it was treasure trove. As a result, the person who catches a home run ball would generally be required to include the value of the ball in income in the year in which the catch took place, whether or not the person sold the ball and even whether he gave it ...
The Fair Tax Act (H.R. 25/S. 122) is a bill in the United States Congress for changing tax laws to replace the Internal Revenue Service (IRS) and all federal income taxes (including Alternative Minimum Tax), payroll taxes (including Social Security and Medicare taxes), corporate taxes, capital gains taxes, gift taxes, and estate taxes with a national retail sales tax, to be levied once at the ...
After many years of selling ice cream only in Brenham, the company began selling its ice cream in the Houston area, eventually expanding throughout most of Texas including the Dallas–Fort Worth metroplex and the state capital of Austin. By the end of the 1970s, sales had quadrupled, and by 1980 the creamery was producing over 10 million ...
Ice cream trucks in New York and Los Angeles have been selling “Eat the Rich” ice pops named after Jeff Bezos, Bill Gates, Jack Ma, Elon Musk, and Mark Zuckerberg.
Ben was subsequently asked why Ben & Jerry's ice cream was sold in Georgia and Texas in response to Georgia's voter identification law and the 2021 Texas Heartbeat Act, which restricts abortions after 6 weeks. Ben replied by stating "I don't know," and "By that reasoning, we should not sell ice cream anywhere." [18]