What is the absolute minimum age to start up a business…even if you have a complete business plan and know what you’re doing ?
From what age can you register a business and what age do you have to start paying tax ?
tax
I’m a newbie tax preparer and eventually would love to work for myself..starting small scale..and building a solid small business over a decade or so. My main goal is to work for myself. I don’t want to be paid $8/hr and make another tax business hundreds per hour. Im only doing it for the experience. Question is..how long were most of you tax preparers before branching out on your own? How did you do it? How much schooling did you have? What was your previous experience? Do you recommend it? Was it enough time to become experienced enough to work on your own?
My wife started a small business in August. It’s a art/craft shop that has about 20 artists (co-op). Just curious how the business return process is? Do I need to do it separate from our regular return? When do we have to have it done by, etc.? I’m not really worried about paying anything because it’s prolly only brought in under $1000 net profit. Take out rent, supplies, fixtures, etc. Can we put part of our home rent, utilites, internet since they are all part of the business since most of the stuff is made at home? I’ve never done a return like this so I’m pretty confused on how it works…. I’d rather not spend a bunch to get a pro to do it when there’s not much to show for…
