My wife wanted to start a business, so she registered her business name in the local county office, it is called the DBA assumed name, now her plans have changed and she is working, so bascially there no business happening. In this context does she have any statutory filing requirements with Federal or State authorities just because she filed for an business name. Please let me know.
2006-09-13 16:16:07 · 7 answers · asked by theguy 1 in Business & Finance ➔ Small Business
If she had income and/or expenses she should file. Otherwise, there is no need to file.
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2006-09-13 16:25:53 · answer #1 · answered by lcmcpa 7 · 0⤊ 0⤋
If she received a Business Certificate showing the name of Business and used for buying Wholesale, she may need to return it. That about all I know.
2006-09-13 16:20:24 · answer #2 · answered by Snaglefritz 7 · 0⤊ 0⤋
No, she doesn't need to file for the business.
2006-09-13 16:32:22 · answer #3 · answered by KorvetteKaren 4 · 0⤊ 0⤋
If she has made any income from this biz, she will need to file. I use a regular 1040 so I can itemize deductions from my home bills to the biz to offset sales.
2006-09-13 16:19:14 · answer #4 · answered by cajunpalomino 3 · 0⤊ 0⤋
No. It will be just fine. In the county clerks office DBA names must be refiles every ten years. so after ten years your DBA will disappear. no need to do anything.
2006-09-13 16:18:38 · answer #5 · answered by SST 6 · 0⤊ 0⤋
Right now the only thing you are required to do is sit down and have a cold beer.
2006-09-13 16:33:15 · answer #6 · answered by The Bird 3 · 0⤊ 0⤋
No, if there is no income and no expense, you don't have to do any filing at all.
2006-09-13 16:17:16 · answer #7 · answered by Anonymous · 0⤊ 0⤋