MENDO COUNTY QUESTIONS/TASKS:
Do I need a physical business address for an online business? If so, can it be the same as my residence? If so, do I have to be the owner/renter of the residence? If I make my business a Partnership, whose address becomes the business address?
Business License thru either; Willits/Ukiah City if w/in limits Unincorporated Mendo County (TKCN name doesn't include surname)
YES, physical address required, YES, can be same as residence. NO, don't have to be owner, just include owner's info. To apply thru Mendo Unincorporated, register as Home occupation business (not fixed location): Most stuff won't apply but fill it out anyway Might need to go thru Willits if in city limits Fees to Apply, pay w/ separate checks: $40 Mendo County Tax Collector $180 to Building & Planning for Home Occupation Most likely won't need any of the following for Home Occupation: Authority to Construct/Operate Indust. Wastewater Discharge
!!! IF SOLE PROP, MUST ADDRESS BE WILLIAM'S APARTMENT, AND IF SO, WHAT RESTRICTIONS APPLY TO SJ AREA?
TAX/BUSINESS TYPE QUESTIONS:
If the business is Sole Proprietorship, what's the worst emergency I could be held liable for? How does owning/operating a business solely in my name affect my taxes?
Would a Partnership split the liability/tax effect more ways to be less for each person? What are the downsides to a partnership? What's the difference between "Limited" and "Limited Liability" Partnership? If I make the business a Partnership, whose address becomes the business address?
How are "my" taxes affected as Sole Prop. Vs. Partnership, & does owning/co-owning a business affect things like; Financial Aid consideration for college Employment opportunities in similar fields
How are business expenses rectified & what qualifies as a business expense? Unit rent for 'storage' purposes? Materials & supplies (i.e. boxes, bubble wrap?)
STATE QUESTIONS/TASKS:
If I am not employing anyone, do we need to obtain/comply w/: Registration Form for Employers
Electronics Repair License "All businesses selling or leasing tangible property must obtain a Seller's Permit." Don't need for Sec. of State, nor SSN. Just name & entity w/ name available to you.
Seller's permit (General): "Qualified purchaser" required for businesses with at least $100K in annual gross receipts from business operations; Q.P. must register w/ Board of Equalization (BOE) & report/pay use tax to them directly. Dep. Of Tax Admin handles Seller's Permit 1-800 400 7115 Reporting Sales Tax - $800 min annual tax.
Secretary of State handles LLC's only; CA Small Businesses Div. handles Sole Proprietorships.
Seller's Permit thru SOS as an LLC:
LLC (limited Liability Corporation) Can be one member or several, any number of which can be manager(s). Instructions for filing for Seller's permit as LLC thru SOS: Go to bizfileonline.sos.ca.gov If filed before Jun 30th is free, normally $70 + something $20. 12-DIG Sec. o' State [Articles of Organization] File Number would be issued. No EID or SSN needed. Just name & entity w/ Fictitious name available to us. Don't need proof of residency.
