What perks do you get with a small biz license?

[Syringer]

Anything besides tax write offs?

 

[chiwawa626]

resellers license then you can go ask all these companies for free samples and just fax them a copy of ur license

 

[Syringer]

Originally posted by: chiwawa626
resellers license then you can go ask all these companies for free samples and just fax them a copy of ur license

Really, what kind of companies can I send it to?

 

[Syringer]

?

 

[Sluggo]

Oh its great.

You get to file taxes 4 times a year instead of one.
You get to guesstimate how much your taxes will be next year, if you get it wrong, you get slapped with penalties and interest.
Dont forget about that pesky self-employment tax, in addition to your regular tax schedule.
You get your SS taxes raised by about 6.2% (actually part of your self employment tax)
You get to hire an accountant to do your taxes because now your 1040 form is about 20 pages thick.
If you are really lucky, you will also get to file monthly sales tax reports for your state.
You get to keep boxes and boxes of meticulous records of any and all payments or dispersements of money you made during the past 10 years.


Your gonna love it.

 

[amnesiac]

Originally posted by: Syringer

Originally posted by: chiwawa626
resellers license then you can go ask all these companies for free samples and just fax them a copy of ur license

Really, what kind of companies can I send it to?

readsigkthxbye

 

[amnesiac]

.