Fed and state taxes

BiggPapa · Joined: 11 Mar 2010 Posts: 4

I recently got my DBA and talked to a SCORE mentor about financing,business plan , Etc. Someone else told me if I got my fed and state tax number now I have file quarterly or get fined. True ? NY state.

Pit Boss · Posted: Apr 07 2011 Post subject:

Talk to your accountant, but yes they do have to be filed.
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Somewhere in Kenya...a village is missing their idiot.

BBQMAN · Posted: Apr 07 2011 Post subject:

Same as Pit Boss- talk to your CPA.

As a sole proprietor I (used to) file with my personal taxes yearly.

We have no state income tax so YMMV.

With an EIN you will have to file quarterly.
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BBQMAN
"I Turned A Hobby Into A Business".
Providing "IMHO" Since 2005.

Geronimo · Posted: Apr 08 2011 Post subject:

Agreed....As a sole proprietor , you only have to file yearly. Once incorporated, you would have to file quarterly.

6 of 1 half dozen of another.....you STILL have to pay Twisted Evil

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