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Posts by Michelle Newman3

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Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
When setting up an LLC, I know it’s usually smart to list as many business activities as possible to avoid extra filing fees later when you need to update your registration. My question is this: if I register my company with 100 or even 1,000 different activity codes—basically everything that doesn't require a specific license, like manufacturing firearms or pharmaceuticals—will that increase my annual corporate tax or any monthly fees, such as local levies or various municipal taxes?

I hope that makes sense. Thanks for the help!
Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
Jacob Wood9 said:I suppose if you aren't running a deli selling pastries and yogurt, you might not strictly need a commercial refrigerator to stay compliant.

😲This is exactly what we should tell the inspectors when they show up checking us for basic technical compliance.

Listen, friend... I'm not selling sandwiches; I'm reselling hosting space I bought from someone else (it’s the same logic as buying a sandwich from one vendor, putting it in a fridge, and selling it to others), which is just standard commerce. And for any legitimate trade, you have to get an MTU!
Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
Gerald Doyle80 said:Personally, I’ve always been a fan of the LLC route.😉

What’s the deal with physical office space requirements when you set up an LLC? Between the bare minimum technical standards and the fact that commercial rent is absolutely skyrocketing, it feels like a massive hurdle. Think about it: if someone runs a web design agency through their LLC, they’re almost certainly offering hosting too. They probably just have a reseller account with a major provider, get a yearly invoice for the hosting service, and then bill their clients for both the site build and the ongoing hosting fees. Isn't that basically just reselling hosting space? You buy it cheap from a provider and sell it at a markup to the client. If we look at it that way, it’s just classic trading—which means, according to the law, we should technically need a dedicated commercial space that meets all those specific technical requirements and certifications, right?