A question for those of you more business-saavy than I.
If one has a sideline, say, selling antiques on E-Bay, aside from reporting the income on taxes, are there pitfalls one should look out for? Is there a certain level of income where some sort of business or merchant licensing is called for, even if one is the sole employee?
Posted by DarkKnight (Member # 7536) on :
You might want to from a LLC for protection purposes. Your local government probably has a ton of info to help you