Hi everyone,
This is my first post on this forum. I am looking for a bit of knowledge from anyone who has experienced moving your photo business. I keep the books for my wife's photography business. She's been licensed in Illinois for nearly 5 years. About a month ago we moved to North Carolina. As of now, she has no business booked in NC, but has a number of weddings throughout the remainder of the year back in Illinois. At the moment, she isn't really planning on taking on any more weddings for next year in Illinois or North Carolina, kind of looking to take a break from the biz for a bit, but that's another story. Anyways, my main question is what to do about registering in NC since she isn't actually conducting any business there and at the moment has no intention of doing so. I'm mainly concerned about whether or not we'd have to pay NC state taxes and sales tax on the income even though it's earned in Illinois.
Sorry for the long post. Just curious if anyone has had any experience with this kind of situation. Thanks for reading!
Tim
This is my first post on this forum. I am looking for a bit of knowledge from anyone who has experienced moving your photo business. I keep the books for my wife's photography business. She's been licensed in Illinois for nearly 5 years. About a month ago we moved to North Carolina. As of now, she has no business booked in NC, but has a number of weddings throughout the remainder of the year back in Illinois. At the moment, she isn't really planning on taking on any more weddings for next year in Illinois or North Carolina, kind of looking to take a break from the biz for a bit, but that's another story. Anyways, my main question is what to do about registering in NC since she isn't actually conducting any business there and at the moment has no intention of doing so. I'm mainly concerned about whether or not we'd have to pay NC state taxes and sales tax on the income even though it's earned in Illinois.
Sorry for the long post. Just curious if anyone has had any experience with this kind of situation. Thanks for reading!
Tim