Should I register as a business

Discussion in 'General Business' started by Joepink, Jan 19, 2007.

  1. #1
    I hope I'm posting in the right category.

    Hello everyone,

    I have a blog and a few directories where I've made about 5k with Google adsense in 2006. Now, I've never owned a business and I want to know if I should register this as a business in my state.
     
    Joepink, Jan 19, 2007 IP
  2. drig

    drig Peon

    Messages:
    4,188
    Likes Received:
    175
    Best Answers:
    0
    Trophy Points:
    0
    #2
    I would hire a lawyer and accountant and ask them. Are the websites your main source of income? Are there any potential legal problems (usually as yes)?
     
    drig, Jan 19, 2007 IP
  3. Colbyt

    Colbyt Notable Member

    Messages:
    3,224
    Likes Received:
    185
    Best Answers:
    0
    Trophy Points:
    210
    #3
    If you are subject to US income tax you are a business by virture of your earnings. You will discover that when you do your taxes.

    You may also need to pay state taxes on that income. Whether a local business license is required or not depends on your local regulations. The feds don't care as long as you pay your taxes. My state does not require a license. The local leeches do.
     
    Colbyt, Jan 19, 2007 IP
  4. drig

    drig Peon

    Messages:
    4,188
    Likes Received:
    175
    Best Answers:
    0
    Trophy Points:
    0
    #4
    I think he lives in Gonaives, Haiti.
     
    drig, Jan 19, 2007 IP
  5. Colbyt

    Colbyt Notable Member

    Messages:
    3,224
    Likes Received:
    185
    Best Answers:
    0
    Trophy Points:
    210
    #5
    People do fake that stuff.

    And then maybe they have states in Hati. Never been there so I don't know for sure.
     
    Colbyt, Jan 19, 2007 IP
  6. Joepink

    Joepink Guest

    Messages:
    65
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    0
    #6
    Yes they do have states in Haiti. I'm currently living in the Florida, USA. I will change my location now. Sorry for the confusion
     
    Joepink, Jan 20, 2007 IP