I know all about the tax man is why I pay the excise tax on everything I order ahead of time. No business license yet, not making enough. Had one and my taxes were credits because I lost me shirt and wound up with 450 spinners I will use for the next 10 years.

I had an accountant talk to me about it and told me this "if you are going to count your time making the jigs you will never actually make money so you will never have to claim it unless you start selling over $500 worth a year." This was the accountant for the woman that ran a tackle shop locally. Is she right, don't know. I keep track anyway, just to make sure that I have it if I ever make it big.

So far I have made under $100 in 3 years. Spinner making didn't even pay for my shipping so I am gonna take jig making a little slower and see how it goes. Maybe it will pay for a little more than shipping this time.