Has anyone started a business?

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  • read-alot
    read-alot Posts: 812
    edited May 2004
    Originally posted by disneyjoe7
    Thanks all for the Excellent input on this new adventure I will be taken on ;)

    Off to find a CPA / and or a Lawyer.

    Be aware its easier to be" taken on " than " taking on".

    Lord knows I`ve been taken on business deals.
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  • disneyjoe7
    disneyjoe7 Posts: 11,435
    edited May 2004
    I'll be aware thanks.

    Personally I trust only a few people and never no one at first. Most people are out for them self’s.

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  • ohskigod
    ohskigod Posts: 6,505
    edited May 2004
    "Nexus is when you do business is another state (other than where you file), you may be subjecting yourself to their sales tax." (Gacole2000)


    keep in mind, many activities you conduct in other states can also trigger Nexus for income based tax as well, called Corporate Business Tax in many states

    refer to public law 86-272 (i think) for a list of these activities.
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