Question by fakechat6: how much aproximately does it cost for liability insurance to run home piano teaching business.? I read you can add something called an endorsement to your home owners insurance policy to cover extra liability of running a home bases business. I plan on teaching approx. 15 students and am in California, anyone… Continue reading Q&A: how much aproximately does it cost for liability insurance to run home piano teaching business.?
Tag: liability
Tax liability for a small, home-based business?
Question by John S: Tax liability for a small, home-based business? I’ve been thinking of opening such a business. How much money would I have to net before I am forced to start paying taxes? Or would it be based on gross profits? Would I have to file an income tax form, a separate business… Continue reading Tax liability for a small, home-based business?