09/26/2025
Tax lady just informed me that I purchased $927 worth or rocks and materials for the business in 2024. Now she wants me to come up with inventory numbers from the end of 2024 to complete my extended return. Ummmm...How do I inventory fu**in rocks bro?
Especially since not all were purchased...a lot of this was collected by me in creeks too.
This is gonna get interesting. Also how does the IRS know what rock is valued at. Some of this stuff appriciates in value 5+% or more every year depending on what it is.
Honestly, my rocks are like a 401K for rednecks.
Some of these things have almost doubled in price since i've bought them in the last 9 years.