Major Myths That Destroy the Black Community
- Thread starter jahbrudda
- Start date
whitebb2727
Well-Known Member
I hate Buck.
But.
MED requires a license to open the business, not claim profit from it.
I claim monies from self employment every year. No business license required
You just claim what you make. Yea I guess you could lie. I guess its a good idea to keep all records in case of an audit.
You use the form buck is showing for self earned, even cash. But you better be able to prove it.
Now sometimes I sub contract and I get a 1099 on it.
But.
MED requires a license to open the business, not claim profit from it.
I claim monies from self employment every year. No business license required
You just claim what you make. Yea I guess you could lie. I guess its a good idea to keep all records in case of an audit.
You use the form buck is showing for self earned, even cash. But you better be able to prove it.
Now sometimes I sub contract and I get a 1099 on it.
show me where you need to list your business license then:
LOL this is your evidence that a business license isn't required?
I can see why you weren't able to graduate.
whitebb2727
Well-Known Member
A a sole proprietor, "the only employee", you do not need an EIN. You can claim money earned on 1040 schedule c with your social security number.
http://smallbusiness.chron.com/sole-proprietorships-ein-17970.html
http://smallbusiness.chron.com/sole-proprietorships-ein-17970.html
Thecouchlock
Well-Known Member
If jahbruddah was banned again it would make this forum a better place. He starts arguments and I have yet to find him actually show any evidence. He keeps goin on about people pulling shit out of their ass but when asked to present evidence he disappears or starts talking shit lol.
jahbrudda
Well-Known Member
That is true but that's state and federal taxes, not licensing.
Business licenses are required from local jurisdictions like city, county and state.
A complete different argument from income taxes.
jahbrudda
Well-Known Member
Yet you have no problem with the biggest shit disturber on RIU, hypocrite much?
I always back up my statement with proof, how about UB, Chesus, hazydat, Travis?
The only thing you can do is troll, I rarely see you in a serious discussion.
whitebb2727
Well-Known Member
You are required by your locality to have a license to do business not claim the earnings.
If you did not have the license that might get you a fine or something. The IRS doesn't require a business license to claim profit.
whitebb2727
Well-Known Member
Well, whats the argument? You told buck that it is the law to have a business license to be self employed.
It may be a local requirement to have a business license to have a business.
You can be self employed and receive 1099's.
You can make cash and claim miscellaneous earnings.
There is more than one way to skin a cat.
And you do not need a business license to be self employed. There is always a job that doesn't require you to be licensed to do.
ginwilly
Well-Known Member
Isn't it mostly local dependent? In some areas you can't legally sell lemonade on the sidewalk without a license.
I don't know the requirements where he lives, I was just mocking the FEDERAL tax form as proof that you don't need a LOCAL license.
Can't believe you (or anyone) defended that.
whitebb2727
Well-Known Member
Federal trumps state. For my reference I meant generally around the US you do not need a business license.
It's almost arguing about 2 different things.
The thing is, we need to make the distinction between being self employed and owning a business.
When you own a business you are self employed.
When your self employed you don't have to own a business.
I worked for **** as a self employed contractor. I carried my own insurance and workers comp.
The Shop I worked out of was responsible for the business license not me.
ginwilly
Well-Known Member
I too do contract work, that's not the argument.
The argument was whether a federal tax form was proof that you did or did not need a local business license.
Surely you are not saying it proves this are you?
londonfog
Well-Known Member
actually the argument started with "you do not need a business license to be self-employed."
In which case UB is right
ginwilly
Well-Known Member
So you are in agreement that the federal tax form is proof of this?
All of the other stuff I wasn't in on. I'm mocking his "proof" and I'll gladly mock you too if you defend it as such.
How's your dignity today? Got a truthful answer in ya? Is a federal tax form proof that a local business license is not needed?
londonfog
Well-Known Member
I'm in agreement with the original argument. Please pay attention and stop looking for reasons to be a bitch.
ginwilly
Well-Known Member
My one and only argument was that a federal income tax form has no proof of a local business license requirement.
In your lust to defend the indefensible you turned it into me being the bitch.
You wonder why people here think you lack integrity....
I also noticed you sidestepped that question. No surprise there. If you wanted to talk about something else, you should have quoted someone else who wasn't talking about one specific thing, that you avoided.
In your lust to defend the indefensible you turned it into me being the bitch.
You wonder why people here think you lack integrity....
I also noticed you sidestepped that question. No surprise there. If you wanted to talk about something else, you should have quoted someone else who wasn't talking about one specific thing, that you avoided.
Last edited:
whitebb2727
Well-Known Member
NO one said a tax return form is proof of not needing a business license.
Buck said.
You do not need a business license to file taxes on money earned. You don't.
Read the first line "you do not need a business license to be self employed."
And you don't.
UncleBuck
Well-Known Member
then show me the law that says someone who lives in santa clarita and does voice overs for christian audio books needs a business license, beenthere.
UncleBuck
Well-Known Member
then show me where i have ever made a statement supporting the occupy movement, beenthere.
