What kind business category tax code for this?
Hi
I'm new Can anyone help me ? I'm borrow performance note and tax certificates.
I put all in LLc company . What is category registered for tax ? Do I need license? I'm using Fci services
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Bill Gulley
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
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If most of you LLC business income is from dealing in notes, yes you need a license, could need several types too. See your attorney. Look in financial services 6199, it depends on what you do. Be careful selecting codes as your business will be viewed on par with others, any large differences can trigger audits. See your accountant. :)