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7e77480d7a7df720e5369648e731fae8
Starting a new online business
[ { "docid": "7a0f5ae5d21bde5bfb381e841ac88197", "text": "Most US states have rules that go something like this: You will almost certainly have to pay some registration fees, as noted above. Depending on how you organize, you may or may not need to file a separate tax return for the business. (If you're sole...
[ { "docid": "1a949988273831ba706baa2e52f20924", "text": "You're gonna start a business but you can't choose your own name? C'mon man, that's the fun part.. Have you researched the demand? In a dying industry like hard copy games, what sets you aside from big players like GameStop? What's gonna set you apart ...
fiqa
d5053afdacf3773674f1cf4928bfd1b3
“Business day” and “due date” for bills
[ { "docid": "0fe8ad531b8303ea06ea6b21256025fe", "text": "I don't believe Saturday is a business day either. When I deposit a check at a bank's drive-in after 4pm Friday, the receipt tells me it will credit as if I deposited on Monday. If a business' computer doesn't adjust their billing to have a weekday du...
[ { "docid": "133464c876056ea6f006d3b68d5352cd", "text": "In the US there is no set date. If all goes well there are multiple dates of importance. If it doesn't go well the budget process also may include continuing resolutions, shutdowns, and sequestrations.", "title": "" }, { "docid": "f2001e382...
fiqa
70c2e3744d2a0b41ec097ee751e8dafe
Hobby vs. Business
[ { "docid": "475ff0dce200c39f9e5720194d86cca2", "text": "Miscellaneous income -- same category used for hobbies.", "title": "" }, { "docid": "0e0ae1e5e3f2fc011f870fc4b608327e", "text": "\"You can list it as other income reported on line 21 of form 1040. In TurboTax, enter at: - Federal Taxes...
[ { "docid": "2fca1facc06f3225c3ebc700424e3432", "text": "Colloquially, there's no difference except for the level of risk (which is an estimate anyway). Classically, investment is creating wealth through improvement or production. Purchasing a house with the intent to renovate and sell it for a profit would...
fiqa
a6e62f7014faca1b943b69cc49cc2440
Requirements for filing business taxes?
[ { "docid": "410ac68a03bad08212c249ea7a474349", "text": "\"While she can certainly get an LLC or EIN, it isn't necessarily required or needed. She can file as a sole-proprietor on her (or your joint) taxes by filling out a schedule-C addition to the 1040. Any income or losses will pass through to your exis...
[ { "docid": "c9465295f9681f3dc74f2e647335bfdd", "text": "Since you are living in India and earning income not from salary, you must file your tax return under ITR4(Profits or Gains of Business or Profession). You can do it online on IncomeTax India eFiling website, step by step guide available here.", "t...
fiqa
0cb400a482e3f9456531e52eb9bd8117
Finding a good small business CPA?
[ { "docid": "43544cf49d9103aa148b03b6f70b5ce4", "text": "Ask your colleagues! I know that sounds obvious, but just go to where people who do your sort of business hang out (or better, find some venture capital firms and ask their portfolio companies). It's not something people would keep secret from you......
[ { "docid": "12d1a8b507f62f4a0cec0bd65c453fa8", "text": "\"They are under the radar, but are very strong in Europe and Asia. Deal size will be middle market transactions in North America, a stark contrast to its accounting clients. The good: -established pipeline from accounting and consulting partners &am...
fiqa
6779d2aa0fb930d47d36c1972c130a77
How to treat miles driven to the mechanic, gas station, etc when calculating business use of car?
[ { "docid": "a57851d680f06d0d027cbc370f7c762e", "text": "I contacted Stephen Fishman, J.D., the author of Home Business Tax Deductions, to let him know that this question was missing from his book. He was kind enough to send a reply. My original phrasing of the question: If your car is used for both business...
[ { "docid": "aa814b38cf9b2f1b54222b975753ec2a", "text": "Firstly, thank you for taking the time to respond, let me see what I can answer to help give you a bigger picture. * I am the rental manager but like I say, it's a small unit where the operations team is only 5 strong. We all have a hand in everything...
fiqa
31f6cb7a9329706a7648ea911a939cc0
Can a business refuse to take credit cards?
[ { "docid": "767066e1be82bb833f52d561ec8096d6", "text": "Businesses are free to decide what payment methods they accept for their goods and services. Businesses sometimes advertise what credit cards they accept by posting some stickers at their door. When your credit card isn't among them and you don't have ...
[ { "docid": "a14f39ffe1e331e017210025d8ca5d46", "text": "Can they reject a hundred dollar bill as a payment of debt?! No. A creditor cannot refuse payment in cash, whatever denomination you use. HOWEVER, when you're buying stuff - you don't owe anything to the business owner. There's no debt, so the above ru...
fiqa
c093c180b6c90193d0a2f03d24647977
Calculate Estimated Tax on Hobby Business LLC
[ { "docid": "f4f65d96de623386d5e4864d46eaf2ed", "text": "\"You are on the right track, for tax purposes its all ordinary income at the end of 2016. If the free lance \"\"employer\"\" will withhold fed,state and local tax, then that takes care of your estimated tax. If they can't or won't, you will need to ma...
[ { "docid": "ca45fdfb71adf33769492b71c096b555", "text": "There is a shortcut you can use when calculating federal estimated taxes. Some states may allow the same type of estimation, but I know at least one (my own--Illinois) that does not. The shortcut: you can completely base your estimated taxes for this ...
fiqa
43c301094741932c675ef32c7b7476a2
In what cases can a business refuse to take cash?
[ { "docid": "842264f7e67962cdd9820c15a852e5f3", "text": "The Federal Reserve website notes that creditors must accept cash for debts on services already rendered, but that businesses may refuse cash for services not yet rendered unless prohibited by local law. The Treasury website includes examples of busine...
[ { "docid": "7ca2ce1a6ca37200e7f5119f80f5b42c", "text": "First of all, don't be rude-I'm trying to help here. Second, picture this scenario- a company manages an offshore oil rig. The employees by law have to be paid in a certain period of time. To send paper checks to the employees who work on the oil ...
fiqa
5d65f5f6fce1ac1dc43bf1cbae22276a
Why do VAT-registered businesses in the EU charge VAT to each other?
[ { "docid": "72b1e6985173d4f438917c27830348c5", "text": "Not doing this would defeat the entire purpose of a VAT. The reason for a VAT rather than a simple sales tax is that it's harder to evade. Having a simple sales tax with the type of rates that VAT taxes typically are is unworkable because evasion is to...
[ { "docid": "ce76c6101a3f1577a11cca8495cebfc4", "text": "It's quite common for VAT-registered businesses to quote ex-VAT prices for supply to other businesses. However you're right that when you make an order you will be invoiced and ultimately have to pay the VAT-inclusive price, assuming your supplier is ...
fiqa
9355f76291f42b6ea33d789cbd6cbbf0
Can a company have a credit rating better than that of the country where it is located?
[ { "docid": "9b9f9d0390fd07319e4f35714bb1d4c3", "text": "\"BlackJack's answer is technically correct: government credit ratings are independent of corporate credit ratings. The rating should reflect the borrower's ability to repay its obligations. One reason the book you read may have stated that corporate ...
[ { "docid": "20699ddd02b61af4bdf4d3704421330d", "text": "You borrow on the international makets. [Moody's predicts Scotland would get an 'A' credit rating](http://www.bbc.co.uk/news/uk-scotland-scotland-politics-27247870) [Standard & Poors - Independent Scotland could be AAA rated](http://www.business...
fiqa
a828c6c1d5a1bf0c0d56598fc9d8de1b
Is it possible, anywhere in the US for a funding firm to not have a license number showing somewhere?
[ { "docid": "ba7ff54a3a9af4ac23f5140a5e1a2b41", "text": "In the United states the US government has the Small Business Administration. They also have Small Business Development Centers SMDC to help. These are also supported by state governments and colleges and universities. SBDCs provide services through p...
[ { "docid": "d8b09ee2638ceb7294e3fcb01aaeee55", "text": "I realize this is a stale topic, but to anybody who may swing by looking for an answer to this question (on the recently revised W-8BEN), a foreign taxpayer can get an individual taxpayer identification number (ITIN) without being resident in the US. ...
fiqa
815e3b47585ca58449464b25a75dd961
Need small buisness ideas with 100k $ budjet in a 3rd world country
[ { "docid": "834c2a0e0ce54c97615d0a7993d1588d", "text": "Firstly, I highly doubt anyone on this site will be able to provide you with accurate input on this matter regarding what TO DO. It's the what not to do that may be possible. That said, if you want to offer equipment for rent, which in a developing co...
[ { "docid": "f27a6c6c9dcf94808d2a9ebbab865880", "text": "What could a small guy with $100 do to make himself not poor To answer the question directly, not much. Short of investing in something at the exact moment before it goes bananas, then reinvesting into a bigger stock and bigger etc, it's super high ris...
fiqa
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