Re: O/T Starting my own Buisness

Posted by Mike M on September 12, 2005 at 11:54:47 from (24.140.71.29):

In Reply to: O/T Starting my own Buisness posted by perette on September 12, 2005 at 10:35:27:

As soon as you start doing it the "right way" with proper insurance,lawyers,cpa,vendors license,etc,ect. Your fun will disappear and expenses will double.You will spend as much time doing paperwork as the actual real work.

I would say that if you had a wife working getting health insurance or if you have a job now and just do this as extra. Keep everything simple and small CASH only no books no records everything under the table and into your pocket.
But if you don't have anything else to put on a 1040 form to keep the Gestopo (IRS) off your back then you are going to have to go all out, legal paperwork and all and pay into Social Security out of pocket.

Follow Ups:

• Re: O/T Starting my own Buisness Perette 12:09:59 09/12/05 (1)
  • Re: O/T Starting my own Buisness Mike M 17:10:13 09/12/05 (0)

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