Business plans vs family plans?

Discussion in 'Sprint' started by JAJameson2010, Dec 5, 2012.

  1. JAJameson2010

    JAJameson2010 Well-Known Member
    63

    Oct 14, 2011
    348
    29
    63
    Female
    Sit at a desk all day
    Wilmington DE USA
    My random question for the day (google didn't give easy to understand info)

    Is it cheaper to do the business plan? My credit union gives 15% off to business plans and only 10% to personal plans. Would it be worth the savings to get a business phone plan? I would only need a Tax ID #, right? I think I could, in theory, sign my blog up as a business, even though it's not really making any money...

    I have a family plan with 2 lines
     

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  2. Rigmaster

    Rigmaster Well-Known Member
    143

    May 4, 2010
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    I believe the biggest difference is that business plans can be written off as operating expenses, thus the reason for Tax ID. If your blog truly is a business and you're filing taxes for it, go ahead. But if not, why do something that could trigger an audit?
     
  3. JAJameson2010

    JAJameson2010 Well-Known Member
    63

    Oct 14, 2011
    348
    29
    63
    Female
    Sit at a desk all day
    Wilmington DE USA
    I thought there might be more of a difference... Ok I'll behave myself :) Thanks
     
  4. Rigmaster

    Rigmaster Well-Known Member
    143

    May 4, 2010
    1,584
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    If you're a large business with IT, there are some customizations and other tech things that can be done, as well as some volume pricing and special features. Not likely something smaller biz can take full advantage of.

    Again if you run a blog and want to use it as your primary source of communication, just be prepared to justify the expense if you write it off.
     

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