[mythtv-users] RE:Isaac's unemployment

[Scott Rowe]

Here in Texas it's called a DBA (doing business as).. Really easy to do -
it's like "Business Lite". Lots of mom and pops use it.

-Scott 

-----Original Message-----
From: mythtv-users-bounces at mythtv.org
[mailto:mythtv-users-bounces at mythtv.org] On Behalf Of Chris Petersen
Sent: Tuesday, March 09, 2004 4:20 PM
To: 'mythtv-users at mythtv.org'
Subject: Re: [mythtv-users] RE:Isaac's unemployment

> Isaac, if you are not comfortable taking donations from strangers, 
> maybe you would consider spending the approximately $40 to set up a 
> sole-proprietorship so that you could be considered your own business 
> within the city of Cleveland (or maybe it's setup through the county) 
> and then you could consider money paid through Paypal as payments for 
> services rendered and then claim the payments as actual income from 
> your business.  Of course, you would have to pay taxes as you would 
> for any other income, but it would be a legitimate business venture 
> from which you could possibly make some profit for yourself.

Actually, this could be a decent idea.  It would also let you count your
internet/hosting bills as business expenses, and deduct them from your
business income for tax purposes.  Although I do this anyway for income from
clients, without a business license (I can do this in WA - not sure how it
works in other states, but I assume you can, you just use your ss# instead
of a business id), you just have to fill out a few other tax forms for self
employment.

--
Chris Petersen
Programmer / Web Designer
Silicon Mechanics:  http://www.siliconmechanics.com/
Blade Servers:      http://www.siliconmechanics.com/c292/blade-server.php
1U Servers:         http://www.siliconmechanics.com/c272/1u-server.php


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