Archive for the ‘Small Business’ Category
greg b asked:
I am a small business owner and have been developing my company for the past year. Because I left my previous job to start this business I do not have a current income and because my company only recently officially “opened for business” we do not have a profit line. Do I need to file? What about the business expenses that I incur?
Lucio Lebouef
I am a small business owner and have been developing my company for the past year. Because I left my previous job to start this business I do not have a current income and because my company only recently officially “opened for business” we do not have a profit line. Do I need to file? What about the business expenses that I incur?
Lucio Lebouef
Jeffscookn asked:
I bought airfare to manage my rental property, I paid for the ticets in December of 2010, but the travle date is in February of 2011. Do I deduct the tickets on my 2010 return and the other expenses on my 2011 return?
Tony Bodziony
I bought airfare to manage my rental property, I paid for the ticets in December of 2010, but the travle date is in February of 2011. Do I deduct the tickets on my 2010 return and the other expenses on my 2011 return?
Tony Bodziony
Lisa B asked:
I had a small seasonal business (more like a project) in 2009. I made so little money I never reported it. I need to report it now for the year 2009, any ideas how to do that?
Jamie Winebrenner
I had a small seasonal business (more like a project) in 2009. I made so little money I never reported it. I need to report it now for the year 2009, any ideas how to do that?
Jamie Winebrenner
Independent_guy asked:
I’m using an office in the apartment I rent for business. is it true I can only deduct up to 33% of the rent as business expense? Or: if I also use the living room for meetings etc. can I actually deduct 50% of the rent as business expense? location is Ontario, Canada.
THANKS.
Mai Gonzolas
I’m using an office in the apartment I rent for business. is it true I can only deduct up to 33% of the rent as business expense? Or: if I also use the living room for meetings etc. can I actually deduct 50% of the rent as business expense? location is Ontario, Canada.
THANKS.
Mai Gonzolas
anthony b asked:
I have a health and fitness website that i’ve been developing for the past three years. It’s registered with the county as a business. I haven’t been getting any money from the website as yet because as said before it’s under development. I would like to file my taxes and include those reciepts, should I claim those expenses as personal or as a business claim? keep in mind that the money I use to develop the site is from out of pocket and not from theactual return of the business, because I’m haven’t been getting any return.
Corinne Speece
I have a health and fitness website that i’ve been developing for the past three years. It’s registered with the county as a business. I haven’t been getting any money from the website as yet because as said before it’s under development. I would like to file my taxes and include those reciepts, should I claim those expenses as personal or as a business claim? keep in mind that the money I use to develop the site is from out of pocket and not from theactual return of the business, because I’m haven’t been getting any return.
Corinne Speece
Ashley asked:
after the trip, or would they be done using the same form?
Amada Meling
after the trip, or would they be done using the same form?
Amada Meling
lucky777fairy asked:
I need a way to track EVERYTHING for my Photography Business. Expenses, address – phone number, appointments and so on. ANyone know where I can find one for free download online?
Ian Dildine
I need a way to track EVERYTHING for my Photography Business. Expenses, address – phone number, appointments and so on. ANyone know where I can find one for free download online?
Ian Dildine
B_rad asked:
how long can a small business not show a profit? Also can you deduct business expenses from income you made at your primary employment?
Brooks Tamondong
how long can a small business not show a profit? Also can you deduct business expenses from income you made at your primary employment?
Brooks Tamondong
Kevin asked:
I’m a personal trainer. I recently started an outdoor fitness bootcamp. I still use a gym membership for personal use to stay in shape and keep up my physique. Can I deduct my gym membership, and the mileage that I use to drive to the gym, as related business expenses?
Darrick Pekrul
I’m a personal trainer. I recently started an outdoor fitness bootcamp. I still use a gym membership for personal use to stay in shape and keep up my physique. Can I deduct my gym membership, and the mileage that I use to drive to the gym, as related business expenses?
Darrick Pekrul
Destiny asked:
I’m a sole trader.
Kristofer Jines
I’m a sole trader.
Kristofer Jines