Question by saraluvscereal: Do I have to pay taxes in starting an online business? I’m 16, and I want to start my online business, but I want to get all the legal stuff out of the way. Whats the deal with taxes and do I need a business license of some sort? Best answer: Answer… Continue reading Q&A: Do I have to pay taxes in starting an online business?
Tag: taxes
If I don’t make any money for taxes in my home based business, will I be penalized?
Question by Thomas: If I don’t make any money for taxes in my home based business, will I be penalized? I have my own home based business and need to get my EIN, if I don’t make any money when I go to pay my taxes, will I be penalized? Best answer: Answer by Robert… Continue reading If I don’t make any money for taxes in my home based business, will I be penalized?