You crack me up ... but at least you're legal! :P hahha n/m

Posted by Paul Spencer on June 24, 2001 at 22:32:18:

In Reply to: Re: Anyone know a good accountant that can fill me posted by Joe Romley on June 18, 2001 at 13:04:23:

: All you have to do is go downtown to the Board of Equalization office on Ash street. Apply for a free sellers permit (not a business license) and ask them to put you on a yearly schedule so you don't have to report every month. Keep a record of your sales and its that easy. You can claim a loss 3 out of 5 years and then you have to show a profit or they consider it a hobby and not a business. I had a loss 2 years in a row and then a gain so I did'nt get the full benefit, but at least I'm legal. You should go to the county recorders office and get a fictitous business name statement and check with your city hall for the city you live in to see if you need to buy a business license. I'm in Lemon Grove and they made me come right in and pay $45, again I'm trying to be legal (it sucks).
: Good Luck

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• got to keep it legal Joe 06/28/01 (0)

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: : All you have to do is go downtown to the Board of Equalization office on Ash street. Apply for a free sellers permit (not a business license) and ask them to put you on a yearly schedule so you don't have to report every month. Keep a record of your sales and its that easy. You can claim a loss 3 out of 5 years and then you have to show a profit or they consider it a hobby and not a business. I had a loss 2 years in a row and then a gain so I did'nt get the full benefit, but at least I'm legal. You should go to the county recorders office and get a fictitous business name statement and check with your city hall for the city you live in to see if you need to buy a business license. I'm in Lemon Grove and they made me come right in and pay $45, again I'm trying to be legal (it sucks). : : Good Luck

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