Hi All,
A question from a potential business partner, in case there is an accountant here or investor with knowledge on the topic who can answer the question:
When NOT operating under a corporation and having office expenses, etc., then under "Statement of Business or Professional Activity" section, in the personal tax return, is it recommended to register a business name and update it in the tax filing OR just leave business name blank and not register
any when reporting office expenses etc.?
THANKS.
ps. I operate under a corporation so question is more relevant to the potential partner I met.
A question from a potential business partner, in case there is an accountant here or investor with knowledge on the topic who can answer the question:
When NOT operating under a corporation and having office expenses, etc., then under "Statement of Business or Professional Activity" section, in the personal tax return, is it recommended to register a business name and update it in the tax filing OR just leave business name blank and not register
any when reporting office expenses etc.?
THANKS.
ps. I operate under a corporation so question is more relevant to the potential partner I met.