I’ve been preparing personal income taxes for years now for friends and family. I have just a couple of dozen clients or so. I really want to develop this into a real business. What are some good ideas on how to market the service?
Posts Tagged ‘Small’
Need help with a very small business tax question Thanks?
06
Jun
My friend and I started a flea market business in April 2009 selling baby items. We spent $3,149 buying merchandises and at the end of the 2009, the value of our inventory is $2,449. Our gross sale is around $930. When I input in TurboTax, $2,449 as the value of the inventory at the end of 2009; we got charged $1200 from federal .
Why is there a charge of $1200!!!!! We have lost money already, we can’t afford to lose anymore.
Please help
Thanks in advance
Tax income business who is being taken to court because they made a small mistake on a tax.?
06
Jun
My mom owns tax income business, it’s small and barely opened this year. okay, so one of the employers forgot to add the tax income on a persons tax and the person did not receive no money. well he is taking my moms company to court and got a lawyer and everything. we are no financially stable and i consider ourselves poor. what do you think could happen to my mom? will she go to jail or owe a huge fine? she only owns the business she did not prepare the tax. does anybody know a way to fix this or come to some kind of agreement.
Is it better to work at a small law firm assisting one lawyer or is it better to work at a larger firm??
04
Jun
I did two interviews at a law firm. One of the position was doing secretary/ receptionist.. As I get experiences, I would get my own clients. This frim is mid size with about 10 employees. I did other interview today. This law firm had only one attorney where I would have to work as executive assistant. As a beginner, is it better to work with more co workers or is it okay to work for one lawyer? What is better? Which one would you prefer? Also doing tax, is it better to be paid as independent contractor where I have to do my own taxes or it it better for me to be in the payroll where they do my taxes? which one would be better? any suggestion?
When is small business taxes due?
31
May
This is my first year owning my own business and I have no idea how to do the taxes or when they are due. I have a small budget and can’t hire an accountant, can anyone help me.
I also have T4’s from other jobs before this, do i combine them all?
Small Business Tax Advice LLC?
25
May
Yesterday I officially incorporated my home/online based business as a LLC. I’m now realizing that I have many questions as to how to maximize my tax write offs for the upcoming year. I need to know if I should continue to purchase business start up costs using my personal checking account, or should I wait until I open my business account once I get all my incorporation papers? I also have many questions as to what exactly I can write off, how much I’ll get back, and how long it will take to get the money back. I have questions about rent, 1099 forms, etc. I realize that at some point I’m going to have to hire a local tax professional, I’m just hoping to find someone here who is willing to answer my questions and continue further communications.
If there’s anyone out there who’s willing to help, or at least answer the few questions I posted above, it would be greatly appreciated. Thanks for looking!
I filed my small business tax return But have some questions, I’m not sure if I filed correctly Please help…
20
May
I sell in ebay and made a total of $27,064.99 I did not make any sales in my state (California) Only out of state sales. So I don’t owe any Taxes. Okay my question is that
Out of those $27K that I made in sales do I have to take away of what I had to pay for the item?
Example I sold a ring for $3,000 but it costed me $1,000 do I only claim $2,000?
Do I claim what I paid for shipping that I had to pay for sending the item to my customer?
What do they mean by deductions? Thanks
Small Business Taxes Made Easy, Second Edition
17
May
Product Description
Pay what your really owe—and not a penny more! Is the government taking too much of your money? Do you want to keep more of what you earn? Are you worried about being taxed right out of business? As a taxpayer, you have rights—many of which you probably don’t know about. In Small Business Taxes Made Easy, America’s top small-business tax expert Eva Rosenberg describes them all. This an all-in-one primer is packed with tips and guidelines for not only paying out less in tax but also gaining the greatest possible advantage out of each IRS rule and regulation. You’ll learn how to: Choose the right accounting style for your needs Navigate the complex tax maze without losing th… More >>
Small Business Taxes Made Easy, Second Edition
Do you think the Obama Tax cut to small business on capital gains will help?
14
May
Obama plans to help small business and cut or eliminate the capital gains tax. Do you think this is a good idea?
So Republicans think a tax cut is a bad idea? How odd?
Help on small business tax topic….?
08
May
If I apply for a State license, am I qualify for state income tax if my businesses make less? Will this apply for the federal level as well?
state business license
Small Business Tax Questions: Please help :-)?
02
May
Hello,
I am an Illinois resident and plan on filing in Illinois Tax return. I am a silent partner/ investor for my brothers business in Iowa. How would I declare this on my tax return? Would I have to file a Schedule C? or something else?
Please advise. Thanks!
Why would a small business file an individual tax return?
02
May
The premise of my question is based on some politicians’ suggestion that all business owners will file tax returns as individuals, thereby losing all their rightful deductions in order to not be taxed as a business because the exemption for tax increases is income under $250K?