I cannot speak for every state, but for VA, whether you work under a business name or not, you are considered self employeed if you are earning money, working for yourself.

It is true, you are TAX EXEMPT if your GROSS income is UNDER a certain amount.

How ever, I don't play the IRS bs games. I file my taxes every year, REGARDLESS of how much money I make.



I scan each receipt at the end of the day, and then put them into different folders on an external hard drive. I do this every month to keep track on what money each month is spent on what.

Then, to make my H&R BLOCK accountant happy, I take ALL the receipts and combine them all for the year, into other folders. This way, she has to go into "Gas" and see all my gas receipts for the year...goes into "landfill" and sees all my tickets of money I spend unloading junk, etc.