Legal Question in Business Law in Illinois
I've been djing for a couple of years now. It used to be a hobby now it's becoming more serious. What are some of the things I need to do to make this a legit business? I'm neither a law major or a business major so please exuse my wording.
Asked on 3/28/13, 7:00 am
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Depends on what you want to accomplish. A corporation or LLC could provide you with liability protection, if, for example, a lighting stand fell over on someone. There might also be tax benefits to doing so. Obviously, you need to be claiming your income on your taxes every year.
Answered on 3/28/13, 7:47 am
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