Originally Posted By: jfarsetta
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Jim,
Bill lists Western States University as where he received his doctorate.
Bill,
The interesting thing regarding business here in NY, is that a person need not register as one. Its true. In the case of a home inspector, especially one who works part time, it is not unisual for a person to operae, and report profits as ordinary incoe on their tax returns. Its perfectly legal. In fact, it was one of the items I spoke with the Licensing Team up at the DOS in Albany about several months ago. This is part of the challenge in setting a benchmark of the time line thresholds that the two grandfathering provisions set forth. As there is no requirement, per the NYS Department of Taxation and FInance to collect sales tax for performing a home inspection, there is no requirement at all to register as a business, or to inform the State that you are doing this work.
Joust a point of clarification regarding business entities here in NY. You are correct in that Sole Proprietorships, Partnerships, Corporations, and LLCs do need to register. Others do not. In fact, the license is extended to the individual INSPECTOR, and not a business entity.
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Joe Farsetta
Illigitimi Non Carborundum
"Dont let the bastards grind you down..."