Fishing Guides in Wyoming: Are They Regulated? Recent Legislation and Changes Explained

The Wyoming Game and Fish Commission regulates fishing guides in the state. They oversee commercially guided fishing boats on rivers and lakes. An advisory board, with seven appointed members, provides recommendations for creating relevant regulations. This process ensures compliance with state fishing laws. In addition to licensing, guides must adhere to regulations concerning the number … Read more

Fishing Boats: Are They Still Going Out? Trends in Family Fishing and Charters

Yes, fishing boats are still active, though how often varies. Skippers target various species, with sea bass fishing becoming popular. Families prefer pontoon boats for easy experiences. Many use specialized vessels for specific fish. Commercial fishing adapts to trends, with recreational fishing gaining interest. Charter fishing also thrives. Many people hire fishing boats for guided … Read more

Fishing Boat Proceeds: Are They Subject to SE Tax? Essential Tips for Commercial Fishermen

Yes, proceeds from fishing activities are subject to self-employment (SE) tax if net earnings exceed $400. Report income and expenses on Schedule C (Form 1040) for sole proprietorships. Use Schedule SE (Form 1040) to calculate the SE tax owed on your fishing profits. Fishing boat proceeds include profits from direct sales, lease agreements, and other … Read more

Are Fishing Boat Crewmen Self Employed? IRS Classifications and Tax Strategies Explained

Fishing boat crewmen can be self-employed. They often receive 1099 forms as independent contractors. Some may get W2 forms as employees. The IRS classifies them based on their work situation. It is important for crew members to know their tax responsibilities, including FICA contributions, related to their employment classification. Understanding these classifications is crucial for … Read more

Fishing and Hunting Licenses in NY: Are They the Same? Key License Information

In New York, fishing and hunting licenses are different. A fishing license allows you to fish, while a hunting license permits hunting. You can also get a combination license for both activities. Licenses are issued by authorized agents and require an application process, eligibility checks, and payment of fees. To obtain a fishing license, applicants … Read more

Fisher Boats: Are They Welded or Riveted? A Comparison of Durability and Performance

Fisher boats can be either welded or riveted. Welded aluminum boats provide better durability and less chance of hull cracking. Riveted boats offer flexibility. Brands like KingFisher and Targas often use welded designs for better performance in rough waters. Choose your type based on your fishing needs and maintenance plans. In contrast, riveted Fisher boats … Read more