Hello all,
I currently run a small home daycare which is incorporated (s-corp). I'm hoping to expand and open a small center in 2015. Can I use the same business name for the new business? Do I need to incorporate the new business? Or will this just be seen as an expansion of my current operation?
I will be using the same name for marketing purposes as my home daycare has a good reputation but I'm not sure what the legalities are in this situation.
Finally, when I'm making purchases for the new center, can these be written off 2014 taxes for my current business?
I currently run a small home daycare which is incorporated (s-corp). I'm hoping to expand and open a small center in 2015. Can I use the same business name for the new business? Do I need to incorporate the new business? Or will this just be seen as an expansion of my current operation?
I will be using the same name for marketing purposes as my home daycare has a good reputation but I'm not sure what the legalities are in this situation.
Finally, when I'm making purchases for the new center, can these be written off 2014 taxes for my current business?
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