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Home » Business

I Work For A 501c Business,which Is Closing And Liquidating. Can I Start My Own Separate Taxable Business?

Submitted by on October 5, 2009 – 10:53 amNo Replies


A web user asks, I have worked for the 501C business for 10 yrs total, 3 in this specific business area. They no longer wish to carry this branch of their association. When they close, I will be fired. Can I start up my own for profit business, with the same business description?

Can you help them out. Post your advice!

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