Russell birthdate February 2 1966 and Linda birthdate August

Russell (birthdate February 2, 1966) and Linda (birthdate August 30, 1971) Long have brought you the following information regarding their income and expenses for the current year. Russell owns and operates a landscaping business called Lawns and Landscapes Unlimited. The business is operated out of their home, located at 1234 Cherry Lane, Nampa, ID 83687. The principal business code is 561730. Russell Long had the following income and expenses from the landscaping business:

Russell attended an online certificate program in landscaping in order to improve his skills and advertise his designation as a certified landscaper. The tuition, fees, and books cost $1,400. He also drove his personal car 22 miles each way to Boise to take exams four times for a total of 176 miles.

The business uses the cash method of accounting and has no accounts receivable or inventory held for resale.

In addition to the above expenses, the Longs have set aside one room of their house as a home office. The room is 180 square feet and their house has a total of 1,600 square feet. They pay $12,600 per year rental on their house, and the utilities amount to $3,000 for the year.

The Longs also have the following interest income for the year from corporate bonds:

The Longs have two dependent children, Bill (Social Security number 123-23-7654) and Martha (Social Security number 345-67-8654). Both Bill and Martha are full-time high school students, ages 17 and 18, respectively, so they do not qualify for the child tax credit. Russell\'s Social Security number is 664-98-5678 and Linda\'s is 554-98-3946. They made an estimated tax payment to the IRS of $4,500 on April 18, 2016.

Solution

Whilst you feel back to the long, lazy summers of your youth, probabilities are some time was once spent trudging alongside at the back of a garden mower, pushing with your entire could and sweating profusely, simply so you would make a few bucks to purchase some baseball cards or a fairly cool bike. You\'ll have every now and then mowed down just a few pansies or zebra-striped a garden, but you certain have been proud when the home-owner got here to the door, surveyed your handiwork, and forked over the agreed-upon cost.

What\'s inside
Introduction
the fundamentals of the lawn-Care Biz
the basics of Landscaping
Time to Get support
assets
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Mowing lawns or landscaping residential or commercial homes for a living will give you that equal experience of delight-even as incomes you some beautiful severe cash.

The pros
there are various advantages to jogging a homebased garden care or landscaping carrier. You are master of your possess fate, and you can devote as a lot or as little time to the trade as you wish to have. You\'ve gotten a short trip to work if you\'re established to your own group. Which you can work at your own percent and at essentially any time during usual daytime. You also can enjoy the recent air, get a just right cardiovascular exercise, and bulk up your muscles.

The price of all this freedom and physique contouring is somewhat low-so low, correctly, that many new lawn provider homeowners and landscapers use their personal credit cards or small personal loans to fund their new corporations. Once you put money into the instruments and toys you have got to nail cutting lawns or install landscaping professionally, you\'re traditionally set for years. You do not want much in the best way of office equipment, either, and that you would be able to set your office up in a nook of the den or a spare bed room alternatively than laying out extra cash for a industrial area.

Truth determine
This all sounds beautiful attractive, does not it? However of direction, each backyard of Eden has a serpent, and garden care and landscaping organizations have particularly just a few of their own coiled up and ready to strike. To start, you must be a lot more adept at mowing, trimming and pruning than the natural man or woman. That means you\'ll need to make investments a while in studying gardening fundamentals and approaches. You can have to be a disciplined self-starter who can ignore the call of an excellent spring day and diligently carrier your consumers rather than heading for the lake or golf path. You have got to be physically fit and ready to control the rigors of the job, which can incorporate lifting heavy gear off and onto trailers, and wielding cumbersome handheld implements for hours at a time. You\'ll be able to be dealing with probably detrimental machinery and hazardous chemicals. And you\'ll be able to must be an extraordinarily savvy industry supervisor who can administer money waft, invent advertising and marketing campaigns, and implement a survival plan with the intention to take you by means of the lean iciness months.

Industry photograph
in line with the authentic Landcare community (PLANET), an international organization serving lawn care experts, exterior upkeep contractors, set up/design/building authorities, and interiorscapers, there are an estimated 10,000 individual garden care carrier providers and approximately 12,000 landscapers in the united states. These run the gamut from unbiased operations to franchises and divisions of huge company chains. It is believed that the number of businesses might genuinely be greatly bigger due to the fact there are such a lot of men and women doing lawn and landscape preservation informally and on a money foundation. What is legendary for definite, consistent with the Occupational Outlook handbook, 2006-2007 (U.S. Division of Labor), is that close to 1 out of every 4 landscaping, groundskeeping, nursery, greenhouse and garden provider staff is self-employed and presents maintenance offerings straight to customers on a contract basis. Of these, about 1 out of every 6 works part time.