I am wanting to turn my hobby into a business. I am worried about all the extra stuff that goes along with it for tax purposes. I am not smart in that area. Did any of you have problems adjusting when you started your business? Would you do it over again? Was it all worth it?
Asked by Anonymous at 11:39 AM on Dec. 28, 2010 in Money & Work
Answer by pinkdragon36 at 11:42 AM on Dec. 28, 2010
In my state, all you need to do is keep track of sales tax and then pay it to the state at set times during the year. Then we have an account do our taxes at the beginning of the year to make sure everything is correct.
Yes, being your own boss is well worth it.
If you need help starting or running your business, check out this CM business group.
Answer by HotMama330 at 12:27 PM on Dec. 28, 2010
Answer by elizabr at 12:39 PM on Dec. 28, 2010
Answer by Mom2Jack04 at 1:09 PM on Dec. 28, 2010
Answer by rkoloms at 8:52 PM on Dec. 28, 2010
Answer by dlawrenceind at 12:17 PM on Dec. 30, 2010