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Everything posted by NewWorldOrder
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You are paying JSA (just like Voldemort) for a best guess signature authenticity evaluation on a non-witness signature after the fact in which many days, years, or decades have passed. Number one reason for CGC to do this is to try to put Voldemort out of business and slowly funnel all the normal submissions from them to CGC, which this is the first step. Next and last step is for CGC to pull a WWE and buy WCW then all comics will now be graded by the CGC again. (insert evil laugh) CGC actually witnessed Yellow labels will more than likely still command higher prices at auction then JSA verified Yellow Labels. However JSA verified yellow labels will still do way better at auction than their old CGC Green Qualified labels (once people resubmit them) and will command higher prices than the verified labels from Voldemort. I think we can all agree if you can choose between lets say: A. Spawn #1 CGC 9.8 WP signed by Todd McFarlane (CGC witness) B. Spawn #1 CGC 9.8 WP signed by Todd McFarlane (JSA Verified) A will usually be the preferred choice to spend your money on JSA's will do well when it comes to John Byrne, Steve Ditko, Jack Kirby, etc..
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Certified Collectibles Group to Acquire James Spence Authentication
NewWorldOrder replied to Ryan.'s topic in Comics General
Can we all agree Jim Lee has the most embarrassing signature in the hobby today? I didn't know he has 2 M's in his name. What a joke of paying his going rate for his signature and you get that slop. He literally signs your books in an assembly line fashion. How will JSA verify the real from the easy to forge fakes ones? Good Lord. Anyone can sign their name like that. All you have to do is scribble like a 5 year old. Now the Todd-father, there is a true signature that at least when he takes your $100 at CGC he spends more than a millisecond on your book. -
Certified Collectibles Group to Acquire James Spence Authentication
NewWorldOrder replied to Ryan.'s topic in Comics General
You are paying JSA (just like Voldemort) for a best guess signature authenticity evaluation on a non-witness signature after the fact in which many days, years, or decades have passed. Number one reason for CGC to do this is to try to put Voldemort out of business and slowly funnel all the normal submissions from them to CGC, which this is the first step. Next and last step is for CGC to pull a WWE and buy WCW then all comics will now be graded by the CGC again. (insert evil laugh) CGC actually witnessed Yellow labels will more than likely still command higher prices at auction then JSA verified Yellow Labels. However JSA verified yellow labels will still do way better at auction than their old CGC Green Qualified labels (once people resubmit them) and will command higher prices than the verified labels from Voldemort. I think we can all agree if you can choose between lets say: A. Spawn #1 CGC 9.8 WP signed by Todd McFarlane (CGC witness) B. Spawn #1 CGC 9.8 WP signed by Todd McFarlane (JSA Verified) A will usually be the preferred choice to spend your money on JSA's will do well when it comes to John Byrne, Steve Ditko, Jack Kirby, etc.. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
Once payments went electronic everything was now under surveillance. The big one of course was once eBay went from checks/money orders to adding PayPal. You are assuming a doomsday scenario for most people, and that is just unwarranted from the small amount of gross sales they generate annually. Large yearly sales amounts one can assume then they were already a business, and should keep records. An individual that generates 8K in 2023 doesnt need a OJ Simpson legal team to fight the IRS , or proof they incurred expenses that they can deduct. -
Pull up a chair. Let's you and I have a discussion...
NewWorldOrder replied to NoMan's topic in Comics General
Fine I will re-read it now. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
I think you do all right. -
Pull up a chair. Let's you and I have a discussion...
NewWorldOrder replied to NoMan's topic in Comics General
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New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
That's the vibe & sentiment this thread gave me on all pages from many different boardies. Right, no one is saying it isn't annoying, but people here are acting as if this is something brand new. Many people should have been doing this from eBay sales for example since 2000, and luckily they got away with it. Seems I am just reading a lot of how people just can't keep all their profit anymore like they used to posts. The real Threshold really doesnt matter. What you said in bold is the key I think many people back in 2022 when this thread started didn't quite have a tax burden grasp on, and some in the last couple of days. -
Pull up a chair. Let's you and I have a discussion...
NewWorldOrder replied to NoMan's topic in Comics General
@RockMyAmadeus What you like Frank Miller's and Jim Lee's autograph? Jim Lee's is the worst. Both are not even 1 second of handwriting effort. Looks at scribble. Love to see an autograph expert authenticate that after the fact. Who could verify that ever after the fact? -
Pull up a chair. Let's you and I have a discussion...
NewWorldOrder replied to NoMan's topic in Comics General
Frank Miller and Jim IMO have the worst signatures one can spend $100+ money on per. With McFarlane he at least makes it look very nice for example. Actually Frank Miller's and Jim Lee's autograph are pretty pathetic IMO. I agree with the original poster of this thread. Mostly Frank Miller is highly over rated. His Daredevil run and Batman Dark Knight are of course all time great. Sin City as whole was just okay. Everything else he has done not great. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
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New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
andddddddddd @ttfitz Remember buy Oil stocks win long term. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
Weren't you always supposed to be addressing those revenues and expenses for every year regardless of a 1099 threshold? If I sold 3K worth of books in 2008 I am not still responsible for money to be shown as a loss, break even, or a profit on my annual tax return? -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
So using your example above of 20K threshold. Are you saying that people could sell $19,999.99 and not have to report those gross sales numbers (minus deductions) on their taxes for that year? Basically they get to keep all that money. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
So what were people doing prior the threshold? Lets say I sold 3K worth of comics on ebay in 2022. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
So all these years that I have been using my gross sales as my taxable income has been wrong? I just assumed if I sell a comic book for 10K I have to pay the full tax amount on that sale to the Gov't. What can I do to bring my Gross taxable income down on each sale I do? Can you please give me an example of Taxable income based on profit and not a Gross sale? I am lost. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
It's like any thing in life when it comes to a business. You are not going to jail because you forgot to report the 5K sales in 2023, you are going to jail for not filing your taxes from 2014 to 2024 and you generated 3 million dollars of gross sales if you can't back pay and prove the assets - liabilities. Year 1 of any business its a learning curve. You learn as you go. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
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New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
Yea its none of my business what you or others file of course. I am merely pointing there is no need to flip out by not remembering exactly what you paid for a $500 comic book on your taxes. IRS understands a educated common sense guess it okay. If you are higher volume seller they wont be as forgiving. For my eBay sales I cant just make something up with out being organized, etc. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
hey nowwwwwwwww -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
Castigate you? Good Lord man I havent been able to have fun like that on the boards since 2009. I wasnt even coming close to that level. I assumed we were just having a conversation like people do over beers. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
Yes that is true. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
What you just highlighted above is what people dont understand. That's my point. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
Literally I was quoting what people said from yesterday. -
New Tax Reporting ($600 Threshold per year) and Consignments
NewWorldOrder replied to telerites's topic in Comics General
So what its a lot work? boooo hoooo Welcome to my life If you sell 5K worth of comics what do you think should happen nothing? Its not a lot of work especially on just 5K year I dont understand what you are wanting to hear concerning this topic or are you just venting? I mean what did you do if you sold items from any other tax year? You are throwing in other factors. Income levels then maybe that person doesnt have to pay then. That is off topic side stuff. Sorry can you translate that again for me, I dont speak pirate language.