Posts by CuteCakes1234

Quote:Originally Posted by BakingIrene  You need to start with some real simple basics: 1.  Keep your personal details OFFLINE.  In one post you are a single mom, in another you have a DH and a MIL... You need to be aware that...

LusQuote:Originally Posted by jason_kraft The part you quoted refers to whether or not an activity is classified as a hobby or a business. Being a business under the IRS definition is preferable since you have more flexibility to...

Quote:Originally Posted by -K8memphis ..."Fortunately, the tax law automatically assumes you have a for-profit business if the activity produces positive taxable income (revenues in excess of deductions) for at least three out of...

Quote:Originally Posted by -K8memphis yes and op did not gain income truly she lost income on the cake projects in my mind she did not sell the cakes either she willingly spun straw (ingredient money) into gold (pretty cakes)...

Quote:Originally Posted by DonnaOK I'm not sure if anyone has mentioned liability insurance as well.  I carry mine through State Farm, and there are venues in certain cities that require you to have it.  We just had a new one open...

I know this post is old, but does anyone know the shelf life of sour cream b-c? I have my own recipe its delicious! But I always tell the customer to keep in the fridge.

Quote:Originally Posted by jason_kraft If all she's contributing is the accounting I would agree with you. In my experience the most time-consuming task at startup was business planning and a strategy for procurement and...

Quote:Originally Posted by tykesmommy Even someone paying for only ingredients means it isn't free. Just making sure you knew! Yes I sure do know thanks. 25-50.00 for a three tier cake. I'm not sure of how much jail time I can do...

Quote:Originally Posted by Izzy Sweet You need to do what is best for you.We are all undividuals and there is so much great advice. K8 has given some great advice too.It would help with exactly what you need without any ownership...

Quote:Originally Posted by tykesmommy I may have missed it, but do you have a business license? In Alabama, you have to have a business license, FEIN, as well as other city and county licensing. If you don't, you are operating...