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Old 2006-07-26, 04:34 PM   #10
Chop Smith
Eighteen 'til I Die
 
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Join Date: Apr 2003
Location: Mississippi
Posts: 2,168
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Quote:
Originally Posted by Linkster
Why are people so surprised by this - these primary producers have been subject to these inspections for 10 years - just because the DOJ hasnt done any inspections shouldnt all of a sudden trigger any new widespread panic - damn I hate people that take advantage of peoples fears
Amen! Is it time for another membership drive?

IMO. Since most of us here are secondary procducers, our concern should not be on inspection. However, if you are not up to snuff on 2257 and are a secondary producer you might want to take a close look at HR 4472 in which Congress is attempting to do an end run around the courts. If Bush signs 4472 into law, secondary producers are back to square one on federal record-keeping requirements.

The bottom line is if you are in this business your are going to keep 2257 records. Is it a pain in the ass but so is keeping records for IRS especially knowing that a national sale tax could destroy that agency.

"Evening ladies, welcome to Wal Mart" or "Would you like to upsize that?"
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