@Hijo de luna what are some tax benefits you hope to take advantage of since you are running your business from home?
@monsterpreneur whats your ig?
@monsterpreneur whats your ig?
Hijo De Luna's E-commerce store progress thread
- Thread starter Hijo de luna
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Hijo de luna
Superstar
There is so much you can write off as far as business expenses go. I can't give tax advise but things like your home office space, a portion of your utilities, portion of you 'business' meals, 'business' travel, CPA fees etc. Anything business related that you determine and can prove is 'ordinary and necessary' can be considered a business expense. It really is like getting a small discount on everything.
monsterpreneur
Pro
Hey. Check your inbox.
I'm officially incorporated
Forming an LLC is by far the easiest part of this entire process. $45 online app filed with the Secretary of State. Reviewed and approved 2 hours later. Got my lil Articles of Incorporation certificate and everything. But yeah when you hear people bragging about an LLC, it aint really nothing to it. Simple application, bunch of repeat information. I chose to be my own Registered Agent for now. This cost of this venture is getting out of hand. I now have to apply for a DBA.
Why would you pay money to get an LLC?
Op build an email list
Hijo de luna
Superstar
Detailed update coming soon. Learned some costly lessons
I can pretty much tell you what all NOT to do as far as selling/producing products.
I can pretty much tell you what all NOT to do as far as selling/producing products.
theworldismine13
God Emperor of SOHH
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