[Trombone-l] Business advice anyone?

[Howard Spindel]

You'll need to check the regulations in your municipality, as laws 
differ everywhere.

In my experience (as a non-trombone-related small businessman), I 
doubt that you need to get a Business Tax Registration Certificate 
unless you intend to open some sort of trombone related business 
(like a music store).  Otherwise, just keep track of income and 
expenses and pay your taxes on a 1040.  Being self-employed, remember 
to file estimated taxes to avoid penalties and that you will be 
responsible for both halves of the Social Security tax.  If you 
decide to incorporate yourself as a business, there will be 
additional benefits and complications.  Best to consult a CPA.

Keep in mind that I'm not a lawyer.

Howard

At 10:18 PM 10/3/2007, Alisha Ard wrote:
>Anyone out there have advice for someone who's primary source of
>income has **strangely enough** become trombone playing?  I got a
>notice I need to get a Business Tax Registration Certificate, and
>this has got me feeling a little out of my element.  I mean, last
>year was the first year of my life I wasn't a student, for heaven's
>sake!  So anyone who's done this before, can you give me a hint?
>
>Muchas gracias!
>Alisha