Wednesday, January 19, 2005

Taxes again

(Might as well go for some kind of personal posts-per-day record while I have things on my mind...)

I neglected to think one particular detail through when I registered Green Eclipse as a company in the state of Washington: taxes. Taxes aren't even just yearly for companies; I think that the best I can hope for (reporting frequency is based on how much business I do) is doing my taxes quarterly. Unlike doing federal taxes, which always involves a couple minutes in TurboTax and then a big check being sent to me, writing page after page of "$0.00" is probably going to get old quickly. (I think I read something about being able to fill out a "form of no activity" or something after my first time, though. I'll look into that.)

Why did I register Green Eclipse? A sense of legitimacy. Someday soon I'm going to get a digital signature that proves that Green Eclipse is my legal alias, which I can use to maybe make downloading my software from the internet a little less scary.

2 comments:

Anonymous said...

A company operating in one state can be registered in another state and be legitimate. Many US companies are Delaware corporations since they have the most user friendly tax code.

Travis said...

Yep; I believe that Microsoft was a Delaware company for a few years.

I'm not sure if that applies to non-corporations, though. I didn't really check. It doesn't matter that much to me, since I'll have about 0 income and therefore about 0 taxes.