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Principal Place of Business

   Also found in: Legal, Acronyms 0.01 sec.
Principal Place of Business
The main place where work is performed or business is transacted. Taxpayers who engage in more than one business can have more than one principal place of business. For purposes of the home-office deduction, a principal place of business may also be an area of a taxpayer's home that is used for the management and recordkeeping portions of the business, provided there is no other fixed location where the taxpayer performs such functions.


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which permits the Department of State to waive the requirement that a business advertise its intention to register a fictitious name with the department in a newspaper in the county of its principal place of business, if the business makes its fictitious name registration available on the department's website.
If the residence is the taxpayer's principal place of business within the meaning of Sec.
If a manufacturer has several locations where dog food is produced, the name and address of that manufacturer''s principal place of business will be used.
 
 
 
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