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#1
04-03-2010, 02:56 AM
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House Saved, but...
I need a business license and the money saved for that went to the house.... anyone know of any type of Grant etc that would help? I used legalZoom to file for an llc and it'll cost me about 641.00 to do it..
__________________
hum..... 1987 300TD 311,000M Stolen. Presumed destroyed Last edited by Aquaticedge; 04-03-2010 at 03:10 AM. 
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#2
04-03-2010, 11:12 AM
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Business license is usually less than $50 at your local city/state office.
Open up and use profits from your WORK to file for an LLC if you truly think you need it.
__________________
1985 300D 198K sold 1982 300D 202K 1989 300E 125K 1992 940T "If you dont have time to do it safely, you dont have time to do it" "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
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#3
04-03-2010, 03:19 PM
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Quote:
Setting up an LLC in most states takes about 10-15 minutes on line with a credit card. Here in NJ, on line filing asks 4 or 5 questions and costs 200.00 or so iirc. That done, you may need a federal id number easily obtained at irs.gov. And you will need to register for collection and payment of other state taxes, (payroll, sales, excise, etc if they are in your business) The legal documents and formalities (aka the operating agreement) are key in the llc venue, especially if there is more than 1 member. A single member llc is a disregarded entity for income tax purposes. The operating agreement spells out rights, duties, dissolution procedures and pretty much whatever you want to include. Consult a tax advisor or an attorney. This is not more than an hour's worth of work to set up. Tops.  Visit your state's web site for the department of revenue/taxation and/or the secretary of state or just google "business formation in _____" to get you going. Keep the 641.00
Last edited by dynalow; 04-03-2010 at 03:40 PM.
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#4
04-03-2010, 04:47 PM
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I have been a Sole Proprietor for 20 years now. I think I will change to a LLC this year.
__________________
For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get.
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#5
04-03-2010, 05:22 PM
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I'm an S-Corp, but you need to talk to your tax guy and see what works for you.
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#6
04-05-2010, 02:05 AM
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just simple lawn care really.. anything to do in florida with licensing etc is a pain...
__________________
hum..... 1987 300TD 311,000M Stolen. Presumed destroyed
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