Tax Questions

I've looked around, but can't seem to find a straightforward answer for this. I am one of 4 founders in a start-up incorporated as a C-corp. 2 of us work full-time on the start-up, and so far have...

Co-Founder Tax Independent Contractor Salary

asked Sep 8 '11 at 14:18

Sid
106 points

From what I read there are two basic types of business recommended for a single person business (in the US): Sole Proprietorship LLC My wife is looking to start a business for blogging/selling...

LLC Startup Costs Tax Sole Proprietorship

asked Sep 9 '11 at 23:20

Joel B
163 points

So I'm starting a new venture with a friend of mine. Basically, we are not going to be looking for seed funding, or really any funding for that matter. We are going to be up fronting the costs to...

LLC Tax Website Agreements Sponsorship

asked Aug 30 '11 at 23:09

Slandau
203 points

My business partner and I are currently looking for an accountant for our growing business. At the moment we have met with two different accountants. One was a CPA and one was an Enrollment Agent....

Tax Accounting Accountants

asked Sep 2 '11 at 00:25

Edgar Miranda
230 points

I am starting a business from my home, and will operate it as a sole proprietor. What do I need before I can begin? The business itself is a computer consulting firm meant to help small-medium...

Legal Tax

asked Sep 3 '11 at 11:19

Kevin Soviero
180 points

I am looking into starting a new business for photography and wanted to see if theres a clearly defined list if things I can write off for it. I'm assuming I won't make any money for a while either...

Tax Photography

asked Sep 4 '11 at 04:09

Benny
121 points

I am in the UK and am in the process of setting up a SaaS product which people will be able to purchase online by monthly subscription. I have been researching the VAT rules for supply of...

Tax Saas Offshore

asked Aug 19 '11 at 08:00

Chris Roberts
1,352 points

I'm from Europe, don't plan to move to the USA I will open an ONLINE store ONLY (no physical stores) Goods will be imported from Europe Shipping will be handled by the fulfillment company I am...

Ecommerce LLC Incorporation Tax

asked Aug 27 '11 at 09:04

Superbiz
21 points

Here's the situation: two founders each own 50% of the company angels / VCs / FFFs are about to invest the company will set up a 10% options pool for new hires When a new hire starts, how do...

Tax Stock Options

asked Aug 14 '11 at 02:41

W. Matthew Wilson
104 points

Can someone point me to some examples of how to handle depreciation in QuickBooks (2009)? To give an example, I buy a computer for $2000 in 2009. I choose "Equipment" as category. I duly report my...

Tax Bookkeeping

asked Aug 16 '11 at 06:27

Dave
160 points

I run a mobile gaming company with my brother located in California, we just contracted a couple independent contractors(ICs) from the UK to do some art for our games. Usually, when we contract...

Tax

asked Aug 3 '11 at 08:51

Edgar Miranda
230 points

Recently we are starting our business and need to create our website. Finally we decide to purchase virtual private surver provided by Bluehost, because it's way better than ones provided by asian...

Tax

asked Jul 25 '11 at 23:39

?? ?
11 points

I started an S corp April 2010 but the project was put on hold. We didn't file the 1120S or 2253 that were due 3/15/2011. This month we are starting to work on a project which will start to bring...

Incorporation Tax

asked Jul 29 '11 at 05:56

Asmy
1 point

I started an LLC in NY with LegalZoom back in January and have not been paying much attention to the "Withholding Requirements". I don't have employees and I'm not getting paid, do I need to file...

LLC Legal Tax

asked Aug 1 '11 at 04:34

Johnsmith11
6 points

Amazon recently announced that it will cease paying affiliate reward to its California associates. As a startup very reliant on affiliate fees, is there any way to get around this? Background: We...

Legal Tax Website

asked Aug 1 '11 at 08:12

Babonk
143 points

I've been working as a contractor for a company for a few months now but I haven't signed a contract or a 1099 form, I just receive payment on services due when an invoice is submitted. If I start...

Tax Contractor

asked Jul 14 '11 at 03:35

Lisa
6 points

I've started an LLC in quarter 2, did some work and got paid. It was a great amount of fun! Now the terrible part. I need to pay taxes. I'm okay with that. I knew the day would come. But the...

LLC Tax IRS

asked Jul 19 '11 at 13:22

Wjl
115 points

I have 2 "businesses" which I would like to register under 1 umbrella business for the sake of taxes. First I have a web/apps business (1 website, 2 additonal apps, soon to be 3) that isn't...

Getting Started Tax

asked Jul 21 '11 at 00:29

Matthew
101 points

I run a small website. I sold $100 of ad space to a local business. They asked me to send them a 1099 so they can set me up in their accounting department. I'm not sure how this works or why I need...

Legal Tax Accounting

asked Jul 21 '11 at 05:06

Website Needs 1099
8 points

i'm a newbie in the business world, and i'd like to submit a couple of questions to you. First, i live in Italy. Suppose i want to fire up a website, and part of its services are under payment....

Legal Tax

asked Jul 3 '11 at 08:25

Michele
11 points