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What is Assumed Name?

Assumed name for a sole proprietorship: An assumed name is an entity type like a limited liability company or a corporation. We will describe below that how it is formed and taxed?

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Peterson wrote on : Tue May 04th,2010 Back to Article

I have a really tiny crafting business that I run a shop on-line through Etsy.com. I have made minimal dollars, but have a few questions and would appreciate any feedback. a. Do I need to register the name of my shop?

Reply : infotaxsquare.com

If you are advertising your business and using other than your personal name then you are required to register your business otherwise not.

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