Does updating one’s Facebook status count as blogging? This sounds truly foul.
Do you make money off your Facebook status?
In our area, it does. You have to buy a permit to hold the sale. The cost is nominal, but the cops can shut you down if you don’t have one.
Xema:How 'bout selling old stuff at a yard sale? It generate revenue; should that need a business license?
In our area, it does. You have to buy a permit to hold the sale. The cost is nominal, but the cops can shut you down if you don’t have one.
Same here – if want to hold a yard sale, it’ll cost you five bucks.
The money isn’t the point of that, it’s that you can only get a yard sale licence three time each year. It was enacted to put the kibosh of people who were holding a “yard sale” of new, unopened goods every single weekend.
It’s called the Hobby Loss Rule. If you’re not making money, it’s a hobby and not a business.
Please reread the last line of that link. An activity can lose money five years out of five and still be a business.
Even so, losses from a hobby are generally not deductible. Revenues from a hobby generally are taxable.
My opinion of Philly’s business privilege tax is something best put in the Pit.