Tax Questions

I'm a German citizen, but have been living in various EU and non-EU countries. I usually do remote freelance work. Since I don't live in Germany, I don't see the point why I should pay the high...

Tax Travel Offshore

asked Jul 4 '11 at 19:21

Znq
164 points

I am a photographer and new to the whole sale tax forms. If I have a sale for $500 to photograph an event, but $100 dollars of that was used to buy prints --- do I list that $100.00 as a deduction...

Tax

asked Jul 5 '11 at 04:41

Beverly
11 points

I purchased a smartphone to help me conduct my business (mobile hotspot, email, access company intranet, etc.). Previously, I did not own a cellphone, personal or business. Additionally, I signed a...

Finance Phone Tax Business Expenses

asked Jul 6 '11 at 17:14

Clint
695 points

If an online business is simply the middle man(ebay) do they have to report their sales as the total sale price of the items sold or just their commission? For example, Ebay charges buyer total...

Tax

asked Jul 12 '11 at 00:19

Sk24iam
344 points

What are some good questions to ask when hiring an accountant for an early stage startup? The goal is to prepare the company for VC/Angel funding. As a first time entrepreneur I have no idea how...

Hiring Tax Accountants

asked Jul 12 '11 at 04:49

Jirad
105 points

I'm a developer in the US (Maryland) with an LLC and an application that I would like to sell through my website, delivered via download. I do not intend to ship physical goods of any sort, my...

Tax International Digital Product VAT

asked Jun 24 '11 at 21:20

Blueberry
18 points

An article on businessweek got my attention today. From the headline: A Texas software vendor we have purchased from for years got audited by the California State Board of Equalization because...

Tax USA

asked Jun 28 '11 at 04:17

B Mitch
1,342 points

Myself and a friend would like to start a new company. I will be doing development work and my friend will invest money. Our company isn't yet registered, but my friend would like to transfer a...

Tax

asked Jun 28 '11 at 17:25

Florin
8 points

There are many money issues that neither add to my code base nor user base. For example: payroll taxes and excise taxes W2 W3 W4 I9 941 940 1120 + all the equivalent state forms all of those...

Getting Started Finance Tax Accounting

asked Jun 13 '11 at 14:32

Evan
133 points

I am currently contracting as a software engineer on a W2, and I am thinking of incorporating. Which is the most tax beneficial way, an LLC, sole proprietorship, S-Corp? Keep in mind that at this...

LLC Incorporation Tax

asked Jun 18 '11 at 07:53

Christopher Perry
116 points

A friend and I formed an Oregon LLC in 2008 for an online business. Now we're up and running and both working on it full-time. Now we've both moved to Texas and want to re-form as a Texas company...

LLC Tax Founders Vesting

asked Jun 21 '11 at 03:39

Sean
134 points

I'm looking into starting a formal business, and need a little help. I currently go to a public university and have a scholarship that is based on the fact that I, personally, don't claim more than...

LLC Tax Corporation

asked Jun 11 '11 at 16:57

Zakman411
174 points

I've been doing some development work here and there for a friend of mine who is trying to start up a web-based branding/marketing company in Canada (I am also in Canada). To my knowledge he isn't...

Tax Business

asked Jun 12 '11 at 14:37

Carson Myers
123 points

Scenario: A one-man, self-funding software developer with a software-licensing business model. Startup is self funding with no revenue anticipated for at least 1.5 years. My query relates mainly...

UK Tax Intellectual Property

asked May 26 '11 at 08:29

Paperjam
394 points

Can anyone tell me the mechanism by which a UK technology business is acquired? Does the acquirer usually buy: all the outstanding shares in the limited company, or, all the assets and...

UK Tax Acquisition Exit Strategy

asked Jun 3 '11 at 01:12

Paperjam
394 points

If I form an LLC and my new company buys a duplex rental unit, my understanding is the 'company' taxes will be a pass-through to my personal 1040 income tax forms, with the appropriate forms. I...

LLC Tax USA

asked May 25 '11 at 06:53

Edward
26 points

I have an LLC located in the US. As I've never done this before, I'm wondering what is a good rule of thumb concerning a percentage of revenue to put aside for taxes? Our LLC is based in Texas, we...

Tax

asked May 25 '11 at 23:32

James
139 points

Got a few questions about forming a single member LLC in Delaware or LTD in London. I’m looking into forming a company abroad for an easier way to do business and billing (+ its cheaper) and am...

LLC Legal Tax Business

asked May 26 '11 at 08:10

Teekay
394 points

I am on the verge of quitting my day job to work full time on a startup, solo initially. It seems that I could become eligible for a swathe of UK tax credits. These are pretty lucrative but they...

UK Tax VAT

asked May 10 '11 at 19:53

Paperjam
394 points

I learnt today that if an author assigns copyright of his book to a publisher for a fee, the net revenue is taxed as income, not as capital gains. On the other hand, one would normally think...

UK Tax Copyright Intellectual Property Capital Gains

asked May 11 '11 at 02:15

Paperjam
394 points