I have stuff I would like to post there, and offer to sell, but I'm not sure if I need a business licence. Anyone who can help me out with this that has perhaps gone through this before?
I dont think that you need a business license to actually sell via iTunes, but you are responsible for your own tax etc. If you made $5000 on iTunes, and did not declare it is income, then you would be asking for trouble. Is it not $600 in online income in the USA which you are allowed before declaring?
500 and below it can be considerd a hobby, above 500, your a business in the USA I believe. Sence Internet crosses state lines etc, I think depending on your state you may need a liscense, for state Taxes etc...
As far as Federal, that has not passed yet. They are looking at a law about Internet Commerce, things may change, especialy now. I'd check at your county clerks office, just ask general questions, dont tell them too much.
by nagrao7 years ago
Please stop posting all these these stupid, meaningless topics on the forums.
by Natalie Watson2 years ago
I am going to suggest that all business owner should at least try selling a business privately. There are many advantages selling a business privately and saving money on commissions is one of them. With the power of...
by smartsem6 years ago
Got one offer from a hubber if i want to sell my account.just want to know is it possible sell/transfer the account ? My account with 65 hubs and 15 followers any one have any idea how much these accounts worth ??
by KyleBear5 years ago
Tax evasion is a numbers game. Let's take the hypothetical example of a braying young aristocrat who has an unearned income of £100,000 per year, this money being accrued through an offshore trust fund that his...
by Fel Amejan2 years ago
Please share your thoughts, experiences and ideas so that others may have some ideas before joining.
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