California DBA Name Sole Proprietorship for New Agency

[retread]

IMO, the broker would because his fees are not part of the premium that is taxed. Therefore the government wants a cut. For the agent, since all premium is taxed, no additional cut is needed.

That was my point.

 

[djs]

I ran across this on the internet (so it must be true), but it is information showing the state does not require insurance companies and brokers to pay business license tax.

In my town, they say brokers (i.e., independent agents who are not captive to a particular carrier) pay the tax, captive agents do not.

I have my license, not enough money to worry about and in some instances, having a license gets me some advantages, such as when I go to the bank and have to prove I'm a legit business.

Dan

 

[EB34]

I don't mean to dig up an old thread but just ran across this and found it interesting. If you pay a business license tax in your county or township where I live, you are technically expected to do the same for every county or township where you transact business in order to be compliant. This seems impractical, as this may add up to 5 or 6 different business licenses. Do you guys really do this?

 

[moonlightandmargaritas]

BTW, "The" John Smith Agency is no longer allowed by CDI. They don't approve the use of "the" preceeding the business name.

I, for one, will sleep better tonight knowing that this is no longer allowed. This was not only a huge threat to the California Republic, but also a significant risk to the nation's democracy and security as a whole.

Comforting to know that while the USA represents about 5% of the world's population, it has about 33% of the world's lawyers...

 

[rlubnau]

In SoCal it also depends on the city where you are officing. Right across the street from me is a different city that requires a $150/year business license. Where I am located there is nothing required. After awhile you will get the county assessor walking into your office to look over your business equipment so they may send you a "Use Tax" bill.

 

[GeminiGroup]

In SoCal it also depends on the city where you are officing. Right across the street from me is a different city that requires a $150/year business license. Where I am located there is nothing required. After awhile you will get the county assessor walking into your office to look over your business equipment so they may send you a "Use Tax" bill.

In Santa Monica or Inglewood, you barely have time to take piss
before those f-ers are in your location with a their hands out.

Other cities in SoCal, you could run a brothel and nobody from 'the city' would know....
unless they were 'customers'.

Crazy wide swings as to how things are done in the same county.

 

[EB34]

Just out of curiousity, if you go door to door in a variety of municipalities, do you get a business license for each one? I know, you're supposed to do this, but really???

 

[GreenSky]

Just out of curiousity, if you go door to door in a variety of municipalities, do you get a business license for each one? I know, you're supposed to do this, but really???

I don't like to promote this but I can help you get around all these license requirements.

Just send me a down payment of $1,200 and $250 per month and I'll take care of all this for you. If any city requires a license, my job will be to help you pay the tax in a timely manner.

You can trust me because I'm not just an insurance agent but a candidate for CA Insurance Commissioner who received 370,000 votes in 2010. I gots clout!

You're welcome.

Rick

 

[moonlightandmargaritas]

Just send me a down payment of $1,200 and $250 per month and I'll take care of all this for you. If any city requires a license, my job will be to help you pay the tax in a timely manner.

Did you work for Wal*Mart de Mexico in the past by any chance? Think they're called "gestores", si?

 

[EB34]

So if you live in an area and pay your business license tax for that are but sell insurance to someone living in a different area, do the authorities from that area come hit you up to pay their fee too?