Comments on: New Name http://resonantimages.net/2008/01/new-name/ art.faith.justice Mon, 12 Sep 2011 05:42:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: lizzy http://resonantimages.net/2008/01/new-name/comment-page-1/#comment-47 lizzy Tue, 29 Jan 2008 18:19:25 +0000 http://jonassink.wordpress.com/2008/01/26/new-name/#comment-47 I like that name. good thoughts to picking it too! I like that name. good thoughts to picking it too!

]]> By: Dan Dawson http://resonantimages.net/2008/01/new-name/comment-page-1/#comment-48 Dan Dawson Sun, 27 Jan 2008 23:35:22 +0000 http://jonassink.wordpress.com/2008/01/26/new-name/#comment-48 > Rather than do the straight up name thing most photographers do > I’ve been kicking around some different names in my head. Congratulations on the new name! One thing you'll want to check in to is the need to file a Fictitious Business Statement. That's one of the big reasons a lot of us stick with our own names in the business title. I believe you need to apply with the county within 40 days of starting the business, plus (annually?) publish the Fictitious Business Statement in (multiple?) newspapers in the county. http://www.santacruzpl.org/ref/scbus.shtml And if you're looking to use the business with the tax write-offs of equipment, you have to do all the book keeping, as well as showing an attempt at making a profit, otherwise it would only qualify as a "hobby" where I believe equipment would not be deductible. Also, be sure to get your resale permit set up early to make your bookkeeping easier, with a smaller business sales tax is usually only due annually, and the paperwork is pretty easy. Luckily since we are under the jurisdiction of the county and not a city, we don't have to get a business license, and I don't believe the County requires one for photographers. Of course I need to throw in the legal disclaimer... I am not an accountant, nor do I play one on TV. I'm certainly no tax expert and recommend working with an accountant early on in the process of setting up a business in order to set best practices and avoid headaches later. > Rather than do the straight up name thing most photographers do
> I’ve been kicking around some different names in my head.

Congratulations on the new name! One thing you’ll want to check in to is the need to file a Fictitious Business Statement. That’s one of the big reasons a lot of us stick with our own names in the business title.

I believe you need to apply with the county within 40 days of starting the business, plus (annually?) publish the Fictitious Business Statement in (multiple?) newspapers in the county.

http://www.santacruzpl.org/ref/scbus.shtml

And if you’re looking to use the business with the tax write-offs of equipment, you have to do all the book keeping, as well as showing an attempt at making a profit, otherwise it would only qualify as a “hobby” where I believe equipment would not be deductible.

Also, be sure to get your resale permit set up early to make your bookkeeping easier, with a smaller business sales tax is usually only due annually, and the paperwork is pretty easy. Luckily since we are under the jurisdiction of the county and not a city, we don’t have to get a business license, and I don’t believe the County requires one for photographers.

Of course I need to throw in the legal disclaimer… I am not an accountant, nor do I play one on TV. I’m certainly no tax expert and recommend working with an accountant early on in the process of setting up a business in order to set best practices and avoid headaches later.

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