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| *Loan,banking and credit>>>business tax |
Small business accounting/taxing question? |
I filed my company name as a fictitious name and applied for a sales tax id. I sell things on ebay and use paypal. The question is that the ebay and paypal have my business name, but my fiance's name is also on it. He is not a paid employee, just a volunteer. Is this going to be a problem??? I don't want to go to jail, just to file my taxes. We are trying to get the stuff put into my name without losing the records. The tax id # is identifying the name of your company no matter what you called it. Business partners do not have to claim income from ownership in a business, even if other owners are making money. The tax liability falls on the person receiving the W-2 or 1099 or profits from the business. I don't think that the sales tax id is an issue. Bigger concern is the FEDERAL tax id # for the business or are you just using your own Social Security #. April 15th is the day of decison for. It depends on how you file your tax returns. Best check with a CPA and soon. The Next 5 Minutes You Can Get Income More Than $1,000 A Day... Automatically earn from your home and your PC with this money making system. Hot Now! Your own personalized MDBP magic software generator that is the best money making software. Bye-bye to your boss, and hello to a new Internet millionaire's in 60 days. Wake up every morning and discover that you've earned a thousand more dollars while you were sleeping. Spend more time with your family and friends. Plan your next worldwide vacations when you choose. www.freewebs.com/bemillionaire... http://www.freewebs.com/bemillionairenow... freewebs.com/bemillionairenow/ |
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