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Bloomberg
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Financial Post
... and nitrogen fertilizer sectors with a US$3.8-billion all-cash deal to buy Bunge Ltd.'s Brazilian fertilizer business and a 42.3% stake in Fosfertil SA. ...
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Forbes
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hu, 28 Jan 2010 16:53:18 GM
Without a doubt, the job picture is ugly. And if the 10.2% jobless rate is to start falling, economists say small businesses need to begin hiring. B.
Can I start a home based business, not get a business license and not pay taxes?
Q. I read that if you dont get a business license and you run an at home based business and your neighbors dont complain about your work, its unlikey the IRS will find out and make you pay a fee as well as put your business on hold until its done. Now, in the state of FL, if I chose to not get a license because the type of business (event planning) did not require one, would I still have to pay taxes?
Asked by shimshim - Mon Nov 19 18:28:47 2007 - - 3 Answers - 0 Comments
A. Make note of where you read that. And do NOT read that garbage any more if you value your financial well being! Of course you have to pay taxes! And what gives you the idea that the IRS won't know about it? Eventually you'll have a business customer who will hand you a Form W-9 and ask for your taxpayer ID number before they pay you. Assuming that they pay you more than $600 (and possibly if it's less) the IRS will be notified of the payment. Or someone will get audited and will have claimed an expense deduction for the money that they paid you. The IRS auditor will then gather the details about YOU and make a note to follow the money trail and see if YOU are paying YOUR share. Either way, you're BUSTED! But let's just say that… [cont.]
Answered by Bostonian In MO - Mon Nov 19 20:47:17 2007
Q. I read that if you dont get a business license and you run an at home based business and your neighbors dont complain about your work, its unlikey the IRS will find out and make you pay a fee as well as put your business on hold until its done. Now, in the state of FL, if I chose to not get a license because the type of business (event planning) did not require one, would I still have to pay taxes?
Asked by shimshim - Mon Nov 19 18:28:47 2007 - - 3 Answers - 0 Comments
A. Make note of where you read that. And do NOT read that garbage any more if you value your financial well being! Of course you have to pay taxes! And what gives you the idea that the IRS won't know about it? Eventually you'll have a business customer who will hand you a Form W-9 and ask for your taxpayer ID number before they pay you. Assuming that they pay you more than $600 (and possibly if it's less) the IRS will be notified of the payment. Or someone will get audited and will have claimed an expense deduction for the money that they paid you. The IRS auditor will then gather the details about YOU and make a note to follow the money trail and see if YOU are paying YOUR share. Either way, you're BUSTED! But let's just say that… [cont.]
Answered by Bostonian In MO - Mon Nov 19 20:47:17 2007
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