RE: home business-getting started
- From: "Sina Bahram" <sbahram@xxxxxxxxx>
- To: <programmingblind@xxxxxxxxxxxxx>
- Date: Mon, 1 Jun 2009 11:46:33 -0400
Email me off list bro.
Take care,
Sina
-----Original Message-----
From: programmingblind-bounce@xxxxxxxxxxxxx
[mailto:programmingblind-bounce@xxxxxxxxxxxxx] On Behalf Of Tyler
Littlefield
Sent: Monday, June 01, 2009 11:46 AM
To: programmingblind@xxxxxxxxxxxxx
Subject: Re: home business-getting started
I was looking at starting out, recording what I made, then if it got over
say, $400 depending on how business was, I'd turn in the papers and hire
someone to do the work so I can afford them by that point, then I can work
up to a business licence, and llc. That a decent approach?
Thanks,
Tyler Littlefield
Web: tysdomain.com
email: tyler@xxxxxxxxxxxxx
My programs don't have bugs, they're called randomly added features.
----- Original Message -----
From: "Sina Bahram" <sbahram@xxxxxxxxx>
To: <programmingblind@xxxxxxxxxxxxx>
Sent: Monday, June 01, 2009 9:34 AM
Subject: RE: home business-getting started
> You do not need a license, but you do need a tax guy to do some of the
> paper
> work. When folks pay you, they can contract you as a 1099 employee , but
> that means you pay both parts of federal and state, so the taxes are
> higher,
> but it's ok because you probably have a ton of expenses to show.
>
> Take care,
> Sina
>
> -----Original Message-----
> From: programmingblind-bounce@xxxxxxxxxxxxx
> [mailto:programmingblind-bounce@xxxxxxxxxxxxx] On Behalf Of Tyler
> Littlefield
> Sent: Monday, June 01, 2009 11:31 AM
> To: programmingblind@xxxxxxxxxxxxx
> Subject: Re: home business-getting started
>
> I was thinking about going that, then using llc later. Will I need a
> licence
>
> to get going?
>
> Thanks,
> Tyler Littlefield
> Web: tysdomain.com
> email: tyler@xxxxxxxxxxxxx
> My programs don't have bugs, they're called randomly added features.
>
> ----- Original Message -----
> From: "Sina Bahram" <sbahram@xxxxxxxxx>
> To: <programmingblind@xxxxxxxxxxxxx>
> Sent: Monday, June 01, 2009 9:12 AM
> Subject: RE: home business-getting started
>
>
>> You don't need a lawyer for this because you don't need to incorporate.
>> Just phrase it as a soul propriotorship.
>>
>> Just get a good CPA.
>>
>> Take care,
>> Sina
>>
>>
>> -----Original Message-----
>> From: programmingblind-bounce@xxxxxxxxxxxxx
>> [mailto:programmingblind-bounce@xxxxxxxxxxxxx] On Behalf Of Ricks Place
>> Sent: Monday, June 01, 2009 7:04 AM
>> To: programmingblind@xxxxxxxxxxxxx
>> Subject: Re: home business-getting started
>>
>> Hi TY:
>> You are going to start a business. You are going to be a professional or
>> a
>> Contractor in effect. Getting a Lawyer is a very good idea but the
>> paperwork
>>
>> he will need to do is very standard and minimal so he should not charge
>> much, shop around by phone. I will go back and see if I saved any notes
>> when
>>
>> I was about to do the same thing. You just need to keep track of what you
>> take in and spend and the hours you actually work. If you are on Social
>> Security or Medicaid there are rules about how many hours per week you
>> can
>> work and how much you can make before you lose your benefits. There are
>> also
>>
>> trial periods for Social Security etc...
>> It all gets a little complicated and an experienced lawyer can help you
>> sort
>>
>> all the ifs ands and buts. You don't have to actually start a business
>> that
>> requires anything more than you keeping track of what you do, no
>> accounting
>> system stuff other than just what you normally might do with a little
>> more
>> detail and documentation in case there are any questions.The only thing I
>> can say is that you will be like a Doctor, Plumber or other Professional
>> providing a service. I don't know if you actually sell products if there
>> is
>> any diference. There are several types of business. The Type S Corp is
>> for
>> small businesses who don't want to Incorporate, it is for a single person
>> or
>>
>> small partnership. It is overkill though since it requires some
>> accounting
>> hoops. Thereare a couple of other business forms, I forget off the top of
>> my
>>
>> head, for contractors and professionals with fewer requirements. I will
>> scrounge around a little but you should get a lawyer in any case. You
>> want
>> limited Liability so if sombody sues you you are only responsible for
>> payments to the extent of your business, you want simple or no additional
>> accounting tax requirements and any other safety and easy helper features
>> of
>>
>> the business type you are going to start. I think my lawayer was going to
>> charge me about $150 to set up the business. I would have had to report
>> my
>> taxes quarterly and had limited liability to the assets I put into the
>> business. I was going to work less than the maximum hours allowed under
>> Social Security so would not lose that income and run the business as a
>> part
>>
>> time venture. This sounds like a plan for you as well depending on your
>> current involvement with Government Programs like Social Security.
>> Well, I will see if I saved anything on my business plan which included
>> the
>> legal framework.
>> I will get back to you later but start googling and find a number of
>> lawyers
>>
>> in your specializing in small business startups who you can ask questions
>> of
>>
>> on the phone before you have to pay something to start the business. You
>> will learn more as you google, hear from me and talk to the lawyers.
>> Also,
>> ask on other lists how self employed programmers are handling the
>> business
>> type and tax requirements.
>> Rick USA
>> ----- Original Message -----
>> From: "Tyler Littlefield" <tyler@xxxxxxxxxxxxx>
>> To: <programmingblind@xxxxxxxxxxxxx>
>> Sent: Monday, June 01, 2009 2:15 AM
>> Subject: OT: home business-getting started
>>
>>
>>> Hello list,
>>> I've thought about doing a computer repair/virus removal performance
>>> tuning type of business, and was going to put an add in the news paper.
>>> I'm wondering what kind of hoops I need to jump through; it looks like I
>>> need a couple of licences from the CO website, but I'd like to see how
>>> things go before I have to get a lawyer and etc. Is there a legal way to
>>> run it and record earnings while I see if I'm going to make enough money
>>> to make this worth it?
>>> Any ideas/advice would be great; I wasn't sure where to ask, and I
>>> believe
>>
>>> there are a few people on the list that run a business that may be able
>>> to
>>
>>> throw out some ideas.
>>>
>>>
>>> Thanks,
>>> Tyler Littlefield
>>> Web: tysdomain.com
>>> email: tyler@xxxxxxxxxxxxx
>>> My programs don't have bugs, they're called randomly added features.
>>>
>>> __________
>>> View the list's information and change your settings at
>>> //www.freelists.org/list/programmingblind
>>>
>>
>> __________
>> View the list's information and change your settings at
>> //www.freelists.org/list/programmingblind
>>
>> __________
>> View the list's information and change your settings at
>> //www.freelists.org/list/programmingblind
>>
>
> __________
> View the list's information and change your settings at
> //www.freelists.org/list/programmingblind
>
> __________
> View the list's information and change your settings at
> //www.freelists.org/list/programmingblind
>
__________
View the list's information and change your settings at
//www.freelists.org/list/programmingblind
__________
View the list's information and change your settings at
//www.freelists.org/list/programmingblind
Other related posts:
