Posted 18 March 2017 - 12:49 PM
We registered our DBA with the state....In Oregon you pay by the county you plan to practice in. Our bank provided the form. We also have Farm Insurance attached to our house insurance which covers liability for the horses. Once you have people coming on the property to see the horses or are taking horses off to do the birthday parties, you do need that extra coverage.
IRS doesn't recognize you as a business to take deductions unless you 1. File a DBA (which proves a business name) 2. Have insurance. 3. Have a business bank account.
4. Have business cards with your business name and info on it. (All of it is deductible.)
Miniature Ventures -- Larry & Maryann Cerullo -- <a href="http://www.miniature...eventures.com/"
Breeding for the continuous improvement of the miniature horse AND miniature classic Arenosa Shetland in athletic ability and beauty. Relocated to beautiful Powell Butte, Oregon in 2005! Come visit!
Our posts are only our opinions or based from our experiences since 1990 as miniature horse owners/breeders. Please take our advice or leave it.....It's a FREE country (last I checked!).
** "Speak up for those who cannot speak for themselves. Protect the rights of all who are helpless."
Proverbs 31:8 **