Howie's Lawn Care
LawnSite Senior Member
- Location
- Greenville, Ohio
Hey guys,
Things have been going pretty good money wise lately. I'm going to turn my hobby into an actual business. I printed out the forms for vedor's liscense, business name, and ein. I have a few questions still.
1. Do I need an EIN if I am going solo?
2. Who would you recommend for insurance and what should I expect to pay? Does my age have any affect on this type of insurance?
3. How do I determine what I can deduct for various equipment? If I get a ZTR, computer, trimmer, or envelopes, how do I determine the amount of time in which an item is depreciated?
Thanks for any answers to these questions and any other advice would be appreciated.
-Nick Howard
Things have been going pretty good money wise lately. I'm going to turn my hobby into an actual business. I printed out the forms for vedor's liscense, business name, and ein. I have a few questions still.
1. Do I need an EIN if I am going solo?
2. Who would you recommend for insurance and what should I expect to pay? Does my age have any affect on this type of insurance?
3. How do I determine what I can deduct for various equipment? If I get a ZTR, computer, trimmer, or envelopes, how do I determine the amount of time in which an item is depreciated?
Thanks for any answers to these questions and any other advice would be appreciated.
-Nick Howard