moocow
is Blowin Smoke!
- Joined
- Jul 31, 2008
- Location
- Belton, mo
With our recent win we are left with how to handle our money. I am looking for advise on what to do as far as taxes, Tax ID #, etc. Do most of you guys have an LLC? Will all contests give you a 1099? How much does it cost to set up an LLC? Do you have to have a business lic.? How long before you have to make a profit? Any info would be helpful. Thanks