Jul
3
Can I start a home based business, not get a business license and not pay taxes?
Filed Under Other - Taxes | 3 Comments
shimshim asked:
I read that if you dont get a business license and you run an at home based business and your neighbors dont complain about your work, its unlikey the IRS will find out and make you pay a fee as well as put your business on hold until its done. Now, in the state of FL, if I chose to not get a license because the type of business (event planning) did not require one, would I still have to pay taxes?
Caffeinated Content – Members-Only Content for WordPress
I read that if you dont get a business license and you run an at home based business and your neighbors dont complain about your work, its unlikey the IRS will find out and make you pay a fee as well as put your business on hold until its done. Now, in the state of FL, if I chose to not get a license because the type of business (event planning) did not require one, would I still have to pay taxes?
Caffeinated Content – Members-Only Content for WordPress
Apr
14
I work for a 501C business,which is closing and liquidating. Can I start my own separate taxable business?
Filed Under United States | 2 Comments
izzy asked:
I have worked for the 501C business for 10 yrs total, 3 in this specific business area. They no longer wish to carry this branch of their association. When they close, I will be fired. Can I start up my own for profit business, with the same business description?
Create a video blog…instantly.
I have worked for the 501C business for 10 yrs total, 3 in this specific business area. They no longer wish to carry this branch of their association. When they close, I will be fired. Can I start up my own for profit business, with the same business description?
Create a video blog…instantly.

