logik23
Legacy Member
Hey buds,
So a few years ago, I had a business and I had registered it under it's own name with an NEQ and I had a seperate bank account, cell phone, vehicle, etc.
I'm looking to start a little thing on the side and I was wondering if there was any way to keep it simpler for the next few months while I get things organized?
If I keep income under 30,000$, do I need to register a business name? If so, can I register a business name and deduct part of my vehicle and cellphone that are under my personal name and use my personal credit card and bank account?
Just looking to do it a lot more streamlined this time around because it's a little thing on the side, not my main income.
So a few years ago, I had a business and I had registered it under it's own name with an NEQ and I had a seperate bank account, cell phone, vehicle, etc.
I'm looking to start a little thing on the side and I was wondering if there was any way to keep it simpler for the next few months while I get things organized?
If I keep income under 30,000$, do I need to register a business name? If so, can I register a business name and deduct part of my vehicle and cellphone that are under my personal name and use my personal credit card and bank account?
Just looking to do it a lot more streamlined this time around because it's a little thing on the side, not my main income.