Is a Business License Needed? ?

Question

I am have a small business, and basically my business in virtual. I don't have a solid brick and mortar site. I run my business from my site and out of my e-mail. We do have a P.O. Box where I ship everything out of. I don't have a large sales number. Like under $600 per year. IDK it helps but I am in georgia.

Soo... basically my question is do I need a business licensee, and a FIN or whatever they are called. Like do I need to register, and how exactly would I go about paying taxes.

I don't have any money for an attorney, or a CPA or anything. Its all me.

Answer 1

while the muncipalities of the US know they are losing money when internet businesses open up and don't get a biz license but there

is a reason why getting a license for a computer biz is not

relative to a city...........and I can explain it if you like...

but YOU are not obligated to get a biz license for a home oriented computer company;  also, do not ask any municipal office or

they will say yes, as getting fees is their game; yours is

earning a profit.

when you are netting $5k a mo, get a license.  Till then,

be quiet about what you are doing re their respective offices.

Available to guide further.

Answer 2

You need to go on-line and apply for a TIN (Tax Identification Number).

All businesses need a TIN. If you are doing business as yourself then you do not need a DBA (Doing Business As) which is an assumed name.

The reason I can answer is I have set up in business this year. shipping out of my house via eBay. Once you set up as a business then you can take the additional tax deductions that will then apply to you such as postage, cost of goods to resell. The cost of your internet provider, ect.

Check out small business association online and go to irs.gov online.

Hope this helps!

Taxes can be paid quartley or yearly.