The Barber Shop does not have any employees only independent contractors so I would only count the booth rent I received as income is that correct?I just opened a barber shop do I need to file yealy income tax just like I would with personal taxes?
Yes it is yearly.I just opened a barber shop do I need to file yealy income tax just like I would with personal taxes?
Personal business taxes are different than personal taxes. I would recommend hiring an accountant.
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