I'm new at this
craft business thing, and haven't really had that much time to invest into it. So I was really proud of myself last year, when I took a leap and got my business license, hoping it would be one of many more steps in the right direction towards my goal.
To be honest, I never did ANYTHING with it! {Aside from ordering some envelopes, which I still have to see if I saved the receipt for}.
Fast forward to a week after my baby boy,
Rowan, was born, when I got a call at 7am, from somenone at the County Clerk's Office, letting me know that they needed to audit my home business. I managed to give a sleep deprived response of, "I haven't even done anything with my business." The man replied, "So, you're not renewing your license?" And all I could muster up was, "Not now".
So now, with tax time just around the corner, I have to figure out how to file a business that didn't really produce OR expense any money.
Also, I'm not sure whether I should renew my license. I guess I should have allowed them to audit...*not thinking clearly at the time*
I planned to really get going on it during my maternity leave {in my dreams!}. Rowan had a different plan,
mostly revolving around himself.
We moved into a fixer upper house and had a baby last year. I get anxious enough over taxes as it is. I'm really not looking forward to filing this year, even though we should get a lot back. I think it's time to kick TurboTax to the curb and go to a professional, who can sort through it all.
If anyone out there has some tax advice for someone just getting their feet wet, I'd love to hear it!
Happy Tax Filing!