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Painter1 last won the day on December 2 2014

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  1. Painter1

    Mustad 32900 Hook

    I am needing about 8,000 of these hooks in size 1/0. Only place I found them is Barlows. I enjoy dealing with them but thought I would ask if anyone knows another source. I would probably be willing to buy 10k if price is right. Thank you
  2. Painter1

    FET - constructive sale price

    I did talk to an ex- IRS agent, now in privatepractice, today and I’m good. She took a lot of information, and came back with the news I hoped for and reinforced my understanding. FET is being paid by the company making the jigs in Arkansas based on the price they charge me. If I bought parts, assembled and or fabricated the product FET would be due based on actual “arms-length” price, but someone else is doing that and it does not require a regular filing on my part. If i did that and sold them to the end user I would also owe Sales or Use Tax to either the state it is sold in or the state shipped to. But I sell only wholesale so only need deal with income taxes, Fed & State. i’m paying to have that put in writing.
  3. Painter1

    FET - constructive sale price

    This from the IRS Guide Who is Liable for the Federal Excise Tax (FET)? IRC 4161 imposes an excise tax on the sale of sport fishing equipment, bows, archery equipment and arrow shafts (exception for certain wooden arrows designed for children effective October 4, 2008). This tax is imposed on the manufacturers (a term which includes producers and importers) of these products. In order to determine the proper taxpayer we must understand how the code defines these terms. Manufacturer:
  4. Painter1

    FET - constructive sale price

    FET related question. I outsource 100% of the manufacturing and packaging of my jigs to a reputable firm that charges me 10%. FET and it is his firm’s responsibility to pay that tax quarterly. I sell wholesale only. No web sales, no retail sales. Strictly to brick & mortar tackle shops. I am confident, based on reading the IRS guidelines that I don’t owe any FET, as it is clearly due on the first sale of the item - manufacturer to wholesaler, and must be paid by that seller. Q: Do I need proof of FET payment from vendor? Is a return required of me that shows that proof?
  5. Painter1

    Glass ruined injector

    I’m scratching my head on how unused abrasive media would scratch less than used/recycled. Using it new for abrasive blasting knocks the sharp edges off. On the other hand I haven’t used this media for any reason except abrasive blasting, and it certainly has no cutting power after 1 use.
  6. Painter1

    How do you keep track of inventory

    Quickbooks !
  7. Painter1

    Collins Custom Football Jig Mold

    pm sent
  8. Painter1

    mold similar to Kut Tail worm 3.5”

    Thanks, guys. I ordered some from Del. Fingers crossed that they show up soon
  9. I’m looking for a mold that resembles a Yamamoto 3.5” Kut Tail Worm. Yamamoto doesn’t carry them in colors I prefer.
  10. Painter1

    Guntersville Special Jig Skirt

    Thank you, Sir.
  11. Painter1

    Guntersville Special Jig Skirt

    I had a store owner the other day carrying on about how he really liked the “Guntersville Special” skirt color on a jig. Would any of you gentlemen know what color strands make up that skirt?
  12. Painter1

    Doit Randy Howell magnum shaky head

    It’s a heavy head but I would think about something with a much longer shank hook. For instance, Jenkins makes a swimbait head in 1/4 ounce with a 9/0 hook. The shaft of the hook is very long. I don’t know that you could get a similar hook for that mold. I had a guy make me a custom Magnum Shakey Head mold for use with 12”-14” worms on Lake Falcon. It is heavy and utilizes a big hook.
  13. Painter1

    Doit Randy Howell magnum shaky head

    I have the mold and poured a few. They pour well, but I just don’t use them much.
  14. Painter1

    mold modifier

    It is a DO-IT ball head mold. guessing cylinder diameter is 3/8”, length 1/2”
  15. Painter1

    mold modifier

    I need to find someone that can / will modify a mold. I have lost touch with the fellow who modified some of my Do -It jig molds, with minor alterations in the past. I have a standard ball head jig mold I want modified to add weight behind the head as desired by an older friend of mine. He is down to his last few and I promised to see what I could do to help him. A cylinder of lead needs to extend from the back of the 5/16 ball head and down the shaft appx 1/2 inch; so that area needs to be machined out in a manner that achieves equal distribution around the shaft. The needed work is beyond my capabilities. I have a prototype jig, the mold and the hooks. I would welcome suggestions on who might be able to help with this project.