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rietta
431 days ago
You have to satisfy the business requirement, which may be pretty easy to do. I am not sure. Just indicate it's for your side hustle business.
3 comments
teeray
431 days ago
Looks like a d/b/a will be the hot Christmas gift this year.
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cantrecallmypwd
431 days ago
It only costs about $300 to register a Delaware LLC.
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pests
431 days ago
Yearly maintenance costs and some states require you to also file as a foreign corporation doing business in the state.
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cantrecallmypwd
426 days ago
Yep. YMMV. DE is the most corporate-friendly state, but usually requires 2 state tax headaches. For a very small concern, it might be more costly than registering in another or one's home state.
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jmathai
431 days ago
$99 to register an LLC in Ohio and it takes about 15 minutes online through their website. Free to get a federal EIN.
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xtiansimon
431 days ago
IIRC - Once you file for an EIN then you also have to file state sales tax returns, even if sales are $0.
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toomuchtodo
431 days ago
https://www.avalara.com/
(no affiliation)
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rietta
431 days ago
With a single member LLC it is just an extra form on your personal return at least!
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cantrecallmypwd
431 days ago
Someone will probably turn this into a service to make it more convenient.
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jjfoooo4
431 days ago
That might work until too many people figure it out, then the constraint will be put on business too
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