timQ Posted September 23, 2021 Share Posted September 23, 2021 Has anyone set up an LLC for their online or in person sales? Seems like a good way to seperate personal and "business" ventures. Maybe write off some of the hobby equipment and fish? Thoughts? Link to comment Share on other sites More sharing options...
Keeg Posted September 23, 2021 Share Posted September 23, 2021 I personally havent because im not a huge breeder or anything, but I feel like those who fish keeping more as a job and have large operation, I wouldn't be surprised if they did. Link to comment Share on other sites More sharing options...
StevesFishTanks Posted September 23, 2021 Share Posted September 23, 2021 You can still write things off and pay taxes on profits (if there are any) as a sole proprietor Link to comment Share on other sites More sharing options...
timQ Posted September 23, 2021 Author Share Posted September 23, 2021 On 9/23/2021 at 1:36 AM, s1_ said: You can still write things off and pay taxes on profits (if there are any) as a sole proprietor Yeah, but you are still liable for anything right? Like a hack on the store getting users PII etc.. Link to comment Share on other sites More sharing options...
StevesFishTanks Posted September 24, 2021 Share Posted September 24, 2021 I was thinking more for the person selling fish to local stores. Link to comment Share on other sites More sharing options...
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