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#Actualtboxx

Posted 12 March 2013 - 12:32 PM

So bottomline is i can have the site, and can sell things i develop on it without a license as long as i report it formtaxes, but if i create a team down the road itd be best to register a business? Also, does it cost anything to register a business in the US?

 

Paying the correct taxes is definitely very important. 

 

I would suggest you fill out  a doing business as certificate with the city/town, county or state government (depends on the state as to which level of government handles doing business as certificates.   It costs money to incorporate which means creating/registering a type of business association, (LLC,  C-Corp, S-Corp, LP,LLP etc.)   I know in Massachusetts the fee to register/incorporate a corporation is $320.00 a year and a LLC is about $520.00 a year.  


#3tboxx

Posted 12 March 2013 - 12:31 PM

So bottomline is i can have the site, and can sell things i develop on it without a license as long as i report it formtaxes, but if i create a team down the road itd be best to register a business? Also, does it cost anything to register a business in the US?

 

Paying the correct taxes is definitely very important. 

 

I would suggest you fill out  a doing business as certificate with the city/town, county or state government (depends on the state as to which level of government handles doing business as certificates.   It costs money to incorporate which means creating/registering a type of business association, (LLC,  C-Corp, S-Corp, LP,LLP etc.)   I know in Massachusetts a Corporation is $320.00  a year and a LLC is about $520.00 a year.  


#2tboxx

Posted 12 March 2013 - 12:29 PM

So bottomline is i can have the site, and can sell things i develop on it without a license as long as i report it formtaxes, but if i create a team down the road itd be best to register a business? Also, does it cost anything to register a business in the US?

 

I would suggest you fill out  a doing business as certificate with the city/town, county or state government (depends on the state as to which level of government handles doing business as certificates.   It costs money to incorporate which means creating/registering a type of business association, (LLC,  C-Corp, S-Corp, LP,LLP etc.)   I know in Massachusetts a Corporation is $320.00  a year and a LLC is about $520.00 a year.  


#1tboxx

Posted 12 March 2013 - 12:29 PM

So bottomline is i can have the site, and can sell things i develop on it without a license as long as i report it formtaxes, but if i create a team down the road itd be best to register a business? Also, does it cost anything to register a business in the US?

 

I would suggest you fill out  a doing business as certificate with the city/town, county or state government (depends on the state as to which level of government handles doing business as certificates.   It costs money to incorporate which means creating/registering a type of business association, (LLC,  C-Corps, S-Corps, LP,LLP etc.)   I know in Massachusetts a Corporation is $320.00  a year and a LLC is about $520.00 a year.  


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