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You can take some of the Silicone thread lube I have off my hands for cheaper than what you can get elsewhere. I don't know if the Boss can utilize a lube pot, but you can spray the actual spool of thread, which usually comes prelubed. Ed

Just put in some Bob Seger... Oh, yeah... that does it. I think I'll start naming bags after Seger songs: "Against the Wind" "Travelin' Man" "Old Time Rock 'n' Roll' "Roll Me Away" "Night Moves" "Ramblin', Gamblin' Man" "Feel Like a Number" Ed

Have any of you heard of a tax break for domestic manufacturers? There is some mention of such in Kamoroff's "Small Time Business Operator." Ed

I don't want it to shine. I've ordered four gallons of the LCI stuff and they should be sending me samples of their burnishing wax ink. It does sound like the REliable is the way to go. if you have any pics of an edge with Reliable, could you post them? I'll keep you updated on what I get form LCI. I've already posted the sampled edges I got back from them. Thanks, Ed

Hi Dave, I'm putting through an order with LCI and wanted to add some burnishing wax ink. I noticed that LCI's website states that their burnishing wax burnishes to a very high gloss finish. In your experience does the Reliable do the same? I'm looking for more of a matte finish. Thanks, Ed

Thanks for all the responses. I'll keep on the lookout for scrap steel. What is it about an anvil that can be so addicting?

I don't want to count them either. Could I also count leather as supplies, or should I count it as inventory, which is what I know you do? If I count leather as inventory, it would be easier, and my profit/loss statements would be more in line with what the gov wants to see in the early years of my accounting. Ed

Thanks, again, for all the help in this thread. I just found a thread over at Etsy where everyone is stressing over this stuff. I'll go bug them for a while. I will post the resulting PDF of collected informative posts and links later. Ed

I'm a little worried about the accountant I talked to. It seems that what I need is an account who knows the ins and outs of schedule C. The guy I talked to told me that I don't want to mess with Schedule C, which flies in the face of all I've been reading the past two weeks. He also didn't seem very responsive about a method allowing me to deduct all my startup costs prior to 2008. In fact, it seems that I may already know more about this than he does. 1. Count all my rivets, glue, dyes, leather, thread, machine oil, etc. as inventory. Any inventory on hand prior to my first business year is simply added to starting inventory for 2008. I can estimate how much of what is used on each bag and deduct that from my inventory. This will give me my costs of goods sold. It doesn't seem like I'm able to deduct rivets, glue, dyes, leather, thread, machine oil, etc. all at ounce, because it may take me three years to use it all up. Anyone know how to list the individual items for inventory in Quicken? Thanks, Ed

Another question just occurred to me. I have a day job, from which I get a W-2. I've never itemized personal deductions but have always taken the standard deductions. Will my itemized business deductions for 2008 be added to my standard personal deduction, or do I not get that standard deduction once I choose to itemize deductions? Ed

These books are great, Bruce. Thanks. The Nolo Press books are good, too, but these books walk you thorough more details in a manner where you feel much more informed. The Nolo Press books, on the other hand, seem to make it all a bit too simple. Ed

I met with an accountant today. Does it sound about right to pay $150 quarterly for his help? Thanks, Ed

This has all been very helpful. I have had to download and install the free version of Quickbooks startup to get things rolling so that I can convert my data file later to a more advanced program, if needed. Thanks, Ed

Can you choose whether to pay your state sales taxes quarterly or annually?

Hi Kate, I just got QB Mfr and Wholesale Edition 8.0. Can you recommend a good book to help me learn how to use it? Thanks, Ed

Where do we sign up to visit? Ed

I'm not a big classical music buff, but I stumbled into realizing that Gustav Mahler really helps me get work done. I get into a trance and can just stitch, wax, buff, cut, measure, bevel, edge, burnish, rivet all day and into the wee hours and then sleep the sleep of sleeps. I also like listening to audio books. Ed

I didn't know 8-track still existed! ed

the last four

I got my samples back from LCI. All sampled edges were done on Wickett & Craig swatches.

Thanks, Bruce. I've ordered these books. By the way, these tax books and whatever I pay to the accountant are deductible, right? ed

Hi Marlon, I know exactly what you mean about positioning awkward pieces. Ed

Luke, I've been looking around the net for hardy tools. Many seem to be about 1 inch wide. Is that about the width of the hardy hole in your 55# harbor freight anvil? Ed

I'm meeting with an accountant this Saturday. Thanks. Ed

Those look great!