Archive for April, 2010
saltedglass asked:
If the IRS did a tax audit and found out?
Lucio Lebouef
If the IRS did a tax audit and found out?
Lucio Lebouef
Evita asked:
i run a small business from home -selling video games online. the tax rate is 20% and profit per month is $2000. i dont have many expenses to reduce my profit… just broadbrand, electricity, shipping costs, etc. what else can i add to reduce my profit so i can pay less taxes?? legal ways only.
thanks :]
Maragret Sappenfield
i run a small business from home -selling video games online. the tax rate is 20% and profit per month is $2000. i dont have many expenses to reduce my profit… just broadbrand, electricity, shipping costs, etc. what else can i add to reduce my profit so i can pay less taxes?? legal ways only.
thanks :]
Maragret Sappenfield
BrownEyes asked:
I’m doing daycare and the expenses are
I’m doing daycare and the expenses are
Utilities- Electronic, heat, gas, water, dishwasher,
Laptop, toys and equipment
Mowing, repairs doors.
Somebody told me that I have to measure the square feet size something. This is confused. Please explain more.
Judy Gullace
-Mewtwo- asked:
Normally you get taxed on net, but are there laws in certain states or IRS where they tax you on your gross?
Justin Sladek
Normally you get taxed on net, but are there laws in certain states or IRS where they tax you on your gross?
Justin Sladek
mcurry81 asked:
I’ve made less this year than last in my real estate business because the market is really bad right now. I have much more in business expenses though. I don’t want to be audited, just wondering if anyone out there with experience knows what a reasonable amount in expenses for just having one sell.
Dominic Kertis
I’ve made less this year than last in my real estate business because the market is really bad right now. I have much more in business expenses though. I don’t want to be audited, just wondering if anyone out there with experience knows what a reasonable amount in expenses for just having one sell.
Dominic Kertis
Larry asked:
According to what I’ve read; if one (single person) has an income from a job AND a home-based or small business (with IRS assigned EIN) – that person may include additional exemptions on their employment W4 to reduce tax withheld from their employment pay check. How is the number of exemptions allowed determined? I can’t find anything about this on the IRS site.
Ryan
According to what I’ve read; if one (single person) has an income from a job AND a home-based or small business (with IRS assigned EIN) – that person may include additional exemptions on their employment W4 to reduce tax withheld from their employment pay check. How is the number of exemptions allowed determined? I can’t find anything about this on the IRS site.
Ryan
Evita asked:
i run a small business from home -selling video games online. the tax rate is 20% and profit per month is $2000. i dont have many expenses to reduce my profit… just broadbrand, electricity, shipping costs, etc. what else can i add to reduce my profit so i can pay less taxes?? legal ways only.
thanks :]
Cindi Mceachran
i run a small business from home -selling video games online. the tax rate is 20% and profit per month is $2000. i dont have many expenses to reduce my profit… just broadbrand, electricity, shipping costs, etc. what else can i add to reduce my profit so i can pay less taxes?? legal ways only.
thanks :]
Cindi Mceachran
jdm.4life asked:
Okay, here is what I need PLZ, If I buy something from craiglist for $50.00 and sell it for $100.00 how does business expense come into play? Please be clear, I have trouble understand alot. Thank you so much.
Ivy Lane
Okay, here is what I need PLZ, If I buy something from craiglist for $50.00 and sell it for $100.00 how does business expense come into play? Please be clear, I have trouble understand alot. Thank you so much.
Ivy Lane
mogiliny asked:
Anyone know and good software other than Quiken?
Natalya Bouse
Anyone know and good software other than Quiken?
Natalya Bouse
Amorican asked:
I am at the early stage of developing a business plan and trying to complete my cash flow projections. What are the rates to apply on top of my payroll for Social Security (FICA), Medicare, Unemployement Tax, Work Comp insurance? Please feel free to mention any item I forgot. My whole monthly payroll will be around $5000. At this point I am only looking for a rough estimate, although I don’t want to under-estimate. Thanks in advance for your help.
Linwood Balsamo
I am at the early stage of developing a business plan and trying to complete my cash flow projections. What are the rates to apply on top of my payroll for Social Security (FICA), Medicare, Unemployement Tax, Work Comp insurance? Please feel free to mention any item I forgot. My whole monthly payroll will be around $5000. At this point I am only looking for a rough estimate, although I don’t want to under-estimate. Thanks in advance for your help.
Linwood Balsamo