thinking of turning my business into a home business

Status
Not open for further replies.

artist

New Member
i've had a small business in the food industry for 2 years.

the taxes and other deductions are about to eat us up.

i've been thinking of downsising and turning it into a home business....

what else would i have to pay being home based ...besides federal and state income tax....and social security?
 
What would the business become -- sole proprietorship? Partnership for limited liability? Small Corporation? It all depends upon the business entity and the location, whether home or in an office building, is what it is all about.
 
Status
Not open for further replies.
Back
Top