Mining Stock Quotes and Mineral & Metal Prices
November 2016 by Staff
…for a change, it is time to turn away from the Trump-Mueller frenzy and concentrate once again on some of the other sources of information which can present us with valuable information related to our precious metals.
Although the risk of a federal tax audit remains low, thanks to the Internal Revenue Service’s secret audit selection process every prospector, miner, and mining-related business owner has good reason to fear an audit, but only if they are not prepared.
A report from the Bureau of Land Management (BLM) titled "Public Rewards from Public Lands—Fiscal 1998", shows that minerals production is the largest income producer for the federal government on BLM-managed lands.
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
The Bawl Mill • Our Readers Say • Legislative and Regulatory Update • Detecting: Small Creek Yields Good Gold • Ask The Experts: Is this BLM demand legitimate? • The Challenge of Winter Dredging • What Have You Got to Lose? • MMAC Update • How to Upgrade Your Pocket Plunger • Glaciers and Placer Gold Deposits • What's In A Name? • Oregon Miners Still Fighting • Greenhorn Finds Gold in Colorado • Melman on Gold & Silver