Archive for October, 2008

Can I start a home based business, not get a business license and not pay taxes?

Sunday, October 12th, 2008

visions asked: I read that if you dont get a business license and you run an at home based business and your neighbors dont complain about your work, its unlikey the IRS will find out and make you pay a fee as well as put your business on hold until ...

Posted in Other - Taxes | 3 Comments »

When purchasing a business, do you acquire the past business debt as well?

Thursday, October 9th, 2008

Bon-bon asked: I am planning on purchasing a limousine business and I know that the business has debt. Will I be acquiring the debt as well or is this is something that the current owners will have to deal with before or after selling to me?

Posted in Small Business | 3 Comments »

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