MN2V Posted January 19, 2012 Report Share Posted January 19, 2012 I have a client who became a Pampered Chef associate this year. I am concerned about how inventory and sales are determined. Does anyone have any tips or guidance? Most of my clients are W-2 folks or retired. Quote Link to comment Share on other sites More sharing options...
joanmcq Posted January 19, 2012 Report Share Posted January 19, 2012 Your client should get a 1099 from Pampered Chef for the commissions and any bonuses earned. There shouldn't be any inventory; when I've attended such parties, you place an order and the rep then delivers your product. Should have demo expenses (they prepare food to show off the products at the parties), mileage, and demo equipment they've bought. Quote Link to comment Share on other sites More sharing options...
Pacun Posted January 19, 2012 Report Share Posted January 19, 2012 When I saw your title, I was ready to say... Yes, pampered chefs get tips sometimes and they are taxable. Quote Link to comment Share on other sites More sharing options...
michaelmars Posted January 19, 2012 Report Share Posted January 19, 2012 since we are on the subject. i was about to order some frying pans from them, anyone have any comments about their quality? Quote Link to comment Share on other sites More sharing options...
Medlin Software, Dennis Posted January 19, 2012 Report Share Posted January 19, 2012 Can't comment on their quality, but my spouse has some of their items, and a pies missing from a package was promptly replaced, and a wooden spoon which did not last long was replaced, fairly easily. I cannot even comment on their value as I don't ask what they cost... Quote Link to comment Share on other sites More sharing options...
Dave T Posted January 20, 2012 Report Share Posted January 20, 2012 Wife has purchased several items and likes them very much. As to the original topic, I had a Pampered Chef rep. come to me last year wanting their return done ASAP to be able to fill out financial aid forms. I wasn' able to accomodate in their time frame but did look over their info, while they were here. It seems to me I had an issue how Pampered Chef reported certain information. As i recall she had won a number of incentives some nominal but a couple trips as well which I questioned as how the value of these items were determined as they should have been included in income as well. Quote Link to comment Share on other sites More sharing options...
BulldogTom Posted January 21, 2012 Report Share Posted January 21, 2012 I love the pampered chef items. They have the best can opener (manual) and the best apple corer/slicer. I have seen there cooking stones for baking cookies, but I was not impressed. I think a non-stick cookie sheet is still better than the stones, but alot of people like them. As for the tax return, I have not done one, but I would treat it like Avon or tupperware or any other home sales business. If they have inventory to show at their parties, then they have inventory. Having inventory also means they have to have a place to store the inventory (which is one of the valid reasons to have an office in the home). And if they have an office in the home, then they have mileage from the office to everywhere they go for their business. Good mileage logs are nice to have, but if you have not trained your client about that yet, then you can use the sales logs to figure out where the parties were and google or mapquest the route for the miles. Don't sweat it, it is a fairly simple sch. c if your client is willing to listen to you. Tom Lodi, CA Quote Link to comment Share on other sites More sharing options...
joanmcq Posted January 21, 2012 Report Share Posted January 21, 2012 The cooking stones are great for pizza though! when I bought from them, the rep had only samples, no inventory. You placed your order with the rep, the rep ordered from the company, and then delivered the goods after they came in. Quote Link to comment Share on other sites More sharing options...
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