Comply With Business License Requirements
When you start a new business, you want to start off right. The last thing you need is a violation of state or local licensing requirements.
Incorporation isn't the end
Many entrepreneurs wrongly assume that all they need to do is incorporate their new business entity. After that, they think they're ready to do business.
Unfortunately, incorporation is only the first in a series of legal steps that you need to take. You also need to comply with all licensing and zoning requirements of your state, county and/or city governments.
State tax registration
Your state almost certainly requires businesses to register for tax purposes. The state wants to make sure they get their cut of your business' profits. And your business will have to collect sales tax (if you sell retail goods). You'll also need to withhold taxes from your employees.
In many states, this registration is done with a single form. The District of Columbia has a combined business tax registration form (FR-500) that you can even fill out online. Virginia also has a combined business registration form (R-1) that can be filled out at the Department of Taxation's website.
As you can see, your state won't let you get off without paying taxes. But at least the government makes it easy to fulfill your registration requirement.
Local business license
Even after incorporating and registering for state taxes, your local county or city government might require you to obtain a business license.
Most jurisdictions only require licenses if your annual gross receipts exceed a certain level. For Spotsylvania County, Virginia, your gross receipts must exceed $200,000. For Prince William County, Virginia, you need a business license if you gross more than $100,000 in a year.
Unfortunately, when you apply for your business license, you will also have to pay a fee. Virginia refers to this as the "BPOL" tax: Business / Professional / Occupational License tax. This fee can be a significant source of revenue for local governments.
Zoning permits
Finally, you must ensure that your business location complies with all local zoning ordinances. Zoning regulations can be a crazy mess that even lawyers can have difficulty comprehending. The easiest way to determine how they apply to you is to contact your local zoning administration, or you can ask your lawyer to take care of it.
Note that even home businesses must have zoning permits in many jurisdictions. For example, the District of Columbia and Prince William County, Virginia both require "home occupation permits." In Prince William County, these permits are free, but DC requires payment of a $33 fee.
Seek help
Businesses are subject to many regulations on all levels of government. To make sure you comply with all license, tax, and zoning requirements, you should seek help from a qualified business attorney. You don't want to risk your business by guessing what you're required to do.
Andrew Flusche is a business attorney who practices in Fredericksburg, Virginia. If you need Fredericksburg lawyers, call Andrew.

Other Article Sites
findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info
all-about-publishing.info auctions-articles.info bestcollege-university.com bestispconnection.com
biblefolder.com blogger-website.com books-used.info brokers-guide.info buywindows.info cable-dsl.info
career-miner.com carpel-tunnel.info cashinaflash.info cashloanreviews.info casinobell.com chat-house.info
clearmycredit.info collegeloantips.info crones.info depression-articles.info
dirnic.net dishguides.info
divers-below.com expodog.info
financewizz.com fire-insurance.info getgood.info handleit.net
it-idea.info
health-supplies.info hosting-right.com insidealert.com insurance-facts.info jobs-employment.info
justgood.info lookgold.net
lowcost-travel.info money-source.info myhostzone.info numisblog.com
peoplesearchfinder.info pr-articles.info realeas.com
refinancing-guides.info spyware-remove.info
telelot.info the-law.info
toppaid.info travel-deals.info travelcorrect.com wedding-guide-site.com
your-blog.info your-credit.info
|
 |
 |
 |
MORE ARTICLES:
Business & Family Safety and Health Rating
For good reason, practically every endeavor in life is rated. I've seen ratings on who or what's #1 in business, industry, NFL, NBA, MLB, person of the century, athlete of the century, technology, restaurants, university, neighborhoods, travel destination, best looking, best movie, best book, etc.
The Best Internet Connection For A Top Home Internet Business
When it comes to working at your home business one of the most important things you will need is internet access Having a fast and relatively error free Internet connection is imperative for a person to be successful in working at home
Internet Marketing Business - Your Home Based Internet Marketing Business and the Freedom Attached with it
There are various reasons why there are many individuals who want to start their own home-based Internet marketing business. Some are saying that the amount of money that they are earning from Internet marketing is higher compared to their monthly salary from their regular work. It even comes to a point that they are earning money similar to or more than the salary of their managers and department heads! This is relatively true, since there are Internet marketers who are earning as much as a hundred thousands of dollars within a month.
SoGoNow.com -- Home of the Best Travel Article Written for the Internet in 2006
SoGoNow.com travel magazine announced that frequent contributor Linda Fasteson has won First Prize for the Best Travel Article Written for the Internet from The North American Travel Journalist Association.
Internet Marketing Plan For Internet Home Businesses
Every time I try and tell people about the potential of Internet marketing, the reaction I get makes me wonder if I am going 'batty'
I am speaking the Queen's English, yet, it is as if I am speaking in a foreign tongue
Online Magazine is Home to the Best Travel Writing on the Internet
For the second year in a row, SoGoNow.com is the home to the best travel article written for the internet as judged by the North American Travel Journalist's Association.
New Home Based Travel Businesses and Training Available for Retirees and Work-At-Home Parents
Affordable training is now being offered for those wishing to set up their own home based travel businesses. Program offers participants everything they need to get started quickly and affordably in this exciting market.
Families Mourning Children Travel to Nashville for July Compassionate Friends National Conference
The Compassionate Friends self-help support organization for families going through the natural grieving process following the death of a child is hosting its 31st national conference July 18-20 in Nashville, Tennessee. More than 1300 parents, siblings, and grandparents, as well as professionals who provide support, are expected to attend the conference. Highlights include well-known speakers, more than 100 workshops covering most aspects of grief following the death, a pre-conference Professional Outreach Day, and the Walk to Remember Sunday July 20 at 8 a.m. This conference is annually the largest in the United States aimed specifically for those left behind following the death of a child.
Sales of Children's Travel Bed Soar as Summer Travel Hits
Gentle Air has seen an increase in summer travel sales due to hotels at popular summer attractions charging high prices for rollaway beds and cots.
Work From Home - Online Resource Center for Home Based Online Jobs and Internet Based Business
Welcome to Work from Home?s ?an online guide and resource website to help you Start and grow your Home based Job and Business. Please note that we are only offering information on Work from Home Jobs and Business opportunities. We are not offering you a job or a business tie-up. Please read through the website as you will find valuable information and resources to start and grow your home based business. www.homebasedonlinejobs.com
Children's Home Society & Family Services Receives Reaccreditation to Once Again Facilitate Adoptions in Russia
Children's Home Society & Family Services, a Minnesota-based international adoption service provider, announced today it has been re-accredited by the Ministry of Education and Science of the Russian Federation to facilitate adoptions in that country.
Work At Home Internet Home Business Opportunity
There are various opportunities for work at home Internet home business opportunities on the Internet Because of the Internet, there are many opportunities for people to be able to take care of their families and work from home and as well
Internet Home Based Business : Legitimate Work at Home Jobs Opportunities and Advantages
There are many advantages involved in choosing an internet home based business as your primary or secondary source of income Use these benefits to find a legitimate work at home jobs that suits your needs and desires
Internet Based Business: How Single Parents Could Earn Extra Income For The Entire Family
Are you a single parent who has been trying to support your children on a single income? If you have been having so much trouble making both ends meet with your present income, you might want to earn some extra money by setting up an internet based business. A big family with children can be very expensive and you definitely will need to earn some extra money to keep everyone comfortable. Having some extra money could really do wonders for you and your small children so you better start exploring other means of getting extra money for your children through an internet based business.
Home Internet Business Opportunities: Reinvent Your Family
Think about your daily job, daily responsibilities, time spent at meetings, driving your kids to this activity and that sporting event, meal planning and preparation, house cleaning, on and on with our grossly busy lives, and what time is left for our family? Do you really think that 9-5 JOB is the answer to all of our hopes and dreams? Do you really think it was our personal goal to spend the majority of our lives at work? When was the last time you saw your son/daughter play in that school volleyball game or run in their cross country meet? Isn?t it time to put your family first?
|