Notices |
Hello!
Either you have not registered on this site yet, or you are registered but have not logged in. In either case, you will not be able to use the full functionality of this site until you have registered, and then logged in after your registration has been approved.
Registration is FREE, so please register so you can participate instead of remaining a lurker....
Please note that the information requested during registration will be used to determine your legitimacy as a participant of this site. As such, any information you provide that is determined to be false, inaccurate, misleading, or highly suspicious will result in your registration being rejected. This is designed to try to discourage as much as possible those spammers and scammers that tend to plague sites of this nature, to the detriment of all the legitimate members trying to enjoy the features this site provides for them.
Of particular importance is the REQUIREMENT that you provide your REAL full name upon registering. Sorry, but this is not like other sites where anonymity is more the rule.
Also your TRUE location is important. If the location you enter in your profile field does not match the location of your registration IP address, then your registration will be rejected. As such, I strongly urge registrants to avoid using a VPN service to register, as they are often used by spammers and scammers, and as such will be blocked when discovered when auditing new registrations.
Sorry about all these hoops to jump through, but I am quite serious about blocking spammers and scammers at the gate on this site and am doing the very best that I can to that effect. Trust me, I would rather be doing more interesting things with my time, and wouldn't be making this effort if I didn't think it was worthwhile.
|
General Business Discussions This is a general purpose forum open to business related topics concerning Reptiles and Amphibians that are neither appropriate for the Board of Inquiry, nor sales, purchase, or trade solicitations. |
12-30-2012, 01:52 AM
|
#1
|
|
Becoming a legit business, business license etc
So, I have recently expanded my rat breeding and will soon be selling to public and reptile stores soon... Atleast thats the plan. I also breed Ball Pythons, not on a huge scale have 6 females goin this year and eventually want around 20-30 breeding females and 10ish males.
I am in California, what steps do i need to take to protect myself, be able to do shows and not get audited!!!! I hate numbers but IRS is super scary!!!!
Any insights would be greatly appreciated!!!!
|
|
|
12-30-2012, 05:05 AM
|
#2
|
|
Move out of California. lol.
|
|
|
12-30-2012, 06:16 AM
|
#3
|
|
One can always be audited...
The best thing you can do is keep good records. Personally, it isn't worth trying to keep up with the tax laws - I happily pay a CPA to deal with my returns...and, if I do get audited, he gets to explain what he did.
|
|
|
12-30-2012, 10:31 AM
|
#4
|
|
You may need to go through some sort of county/city/state entity to be permitted to breed/sell rats. That might mean inspections for cleanliness, quality of life, humane treatment, etc. I would personally do the research on all of that stuff before spending the money to get a business license.
Steps to getting the legal stuff set up. I hear it can be pretty expensive to get a business license in CA so research/plan for that too: http://www.ci.la-habra.ca.us/article.cfm?id=734
Quote:
Originally Posted by hhmoore
Personally, it isn't worth trying to keep up with the tax laws - I happily pay a CPA to deal with my returns...and, if I do get audited, he gets to explain what he did.
|
x2. I had thought about doing this myself, but after seeing what our CPA has to go through it is absolutely not worth messing with that stuff yourself. Keep good records and give that crap to a CPA that has experience with this kind of business. Find one early so that you can get on the same page and be able to provide everything he needs.
|
|
|
12-30-2012, 12:37 PM
|
#5
|
|
Thank you all will start looking around for a CPA probaly will save me alot of headaches etc
|
|
|
Join
now to reply to this thread or open new ones
for your questions & comments! FaunaClassifieds.com
is the largest online community about Reptile
& Amphibians, Snakes, Lizards and number one
classifieds service with thousands of ads to look
for. Registration is open to everyone and FREE.
Click Here to Register!
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -4. The time now is 06:55 AM.
|
|