Archive for the ‘United States’ Category
Thursday, November 13th, 2008
chris c asked: I transitioned my business mid 2007 to an LLC. Should I file taxes as two separate businesses? The first to include income and expenses as the sole proprietorship and the second to include income and expenses after becoming an LLC.
Or should I just ...
Posted in United States | 2 Comments »
Thursday, October 16th, 2008
Kia25 asked: I am starting my own home-based business. I hope I can expand it outside of the home in a couple of years, but until then I just need to know how to start it. Like tax wise how do I go about registering and do I have to ...
Posted in United States | 3 Comments »
Wednesday, October 15th, 2008
Jack asked: I'm thinking about turning my online selling into a business, and I'm trying to get a feel for the tax-related pros and cons of making it official.
Here are 2 questions:
(1) I understand that I can write off business expenses on my tax returns. That includes computer ...
Posted in United States | 2 Comments »
Thursday, September 18th, 2008
sullivan_vl asked: I am a writer who has filed business write-offs on my personal tax return for 5 years as per the law. I have not made profits in those years. I have been advised by my accountant that tax regulations do not favor my continuing to file business write-off ...
Posted in United States | 2 Comments »
Sunday, August 31st, 2008
Ken asked: I am opening an online business for website design. (set up as a LLC, I'm the sole owner) Should I start keeping receipts of all business related expenses? Or would my business qualify as a hobby if I don't make a certain amount of money in ...
Posted in United States | 3 Comments »
Friday, August 29th, 2008
bobinn asked: Looking to develop a new business that does not require collecting Texas sales tax on products or services. Are there such business out there?
Posted in United States | 1 Comment »
Saturday, August 23rd, 2008
tru_belle asked: I need to know if I can deduct the mortage payment on a business. Our business mortage is a commercial loan and only the business is on it. Or, is only the interest on the business deductable. If so, would it be in our best interest for the ...
Posted in United States | 1 Comment »
Tuesday, August 19th, 2008
Eric M asked: I've been writing off my home based business for the last few years. If I stop using that portion of my home solely for my business, how do I indicate that on my taxes?
Additionally, does anyone know of any resources that indicate what the implications are of ...
Posted in United States | 3 Comments »
Thursday, August 14th, 2008
izzy asked: 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 ...
Posted in United States | 2 Comments »
Tuesday, August 12th, 2008
thebuffettour asked: I want to start a business and I know most lose money in the beginning so I was wondering how the taxes work between filing business tax returns and personal tax returns. I wasn't planning on doing a DBA so there would be two returns but do I ...
Posted in United States | 2 Comments »