Hi All,
A question from a potential JV partner, in case there is an accountant or investor with knowledge on the topic who can answer the question:
When NOT operating under a corporation and having office expenses, etc., then under "Statement of Business or Professional Activity" section in the personal tax return, is it recommended to register a business name and update it in the tax return OR just leave business name blank and not register
any when reporting office expenses etc.?
THANKS.
ps. I operate under a corp. so question is more relevant to a potential partner I met.
A question from a potential JV partner, in case there is an accountant or investor with knowledge on the topic who can answer the question:
When NOT operating under a corporation and having office expenses, etc., then under "Statement of Business or Professional Activity" section in the personal tax return, is it recommended to register a business name and update it in the tax return OR just leave business name blank and not register
any when reporting office expenses etc.?
THANKS.
ps. I operate under a corp. so question is more relevant to a potential partner I met.