human
I am trying to start an online business. What kind of legal paperwork and tax documents do I need to be aware of?
assistant
Legal paperwork that you should be aware of when starting an online business includes business licenses, permits, and registrations, as well as any legal contracts such as terms of service and privacy policies. Regarding taxes, you should be aware of your local, state, and federal tax requirements, as well as any applicable excise taxes, withholding taxes, and sales taxes. Overall, it is best to consult with a legal and financial professional to make sure all necessary documents are in place when starting an online business.