Tax Questions

I started a venture last year, and now for the first time I'm having to deal with taxes related to the startup. As my tax accountant informed me, I need to send those who made over $600 W9 forms...

Tax

asked Jan 28 '11 at 06:08

Artem Russakovskii
106 points

I've formed an S-Corp in California for a small local business. Like many small business owners I'll be operating the business out of my home. What expenses can the corporation pay for without...

Legal Tax Corporate Structure

asked Feb 1 '11 at 08:08

Mcohen75
157 points

Last year, I incorporated with two other people who, at the time, were all about the project on which we were working. The project eventually fell flat due to loss of interest on their parts....

Tax Founders Shares

asked Feb 4 '11 at 12:23

Shaun
261 points

We've reached a point where we need either hard capital or strategic hire capital and as an LLC it seems like it is much harder to grant capital (either immediately or in a vesting process). Also,...

LLC Incorporation Tax

asked Jan 16 '11 at 01:43

Sean
1,149 points

I'm an Android developer, but this question is pretty much the same for an iPhone dev. I'm based in the USA, and I'm looking for any tips regarding taxes for app sales. Since apps sell in over...

Tax Iphone Mobile Android

asked Jan 7 '11 at 06:38

Hunterp
141 points

I have property in state A I want a new LLC in State B to hold. The LLC wouldn't be doing any business or have income. If I want to get maintenance on the property (not lawsuits) would the...

LLC Foreign Tax

asked Jan 9 '11 at 02:48

Dave
46 points

I hear from a lot of small businesses that if they don't get rid of there cash by the end of the year then they get taxed. Also if they bank that money they still get taxed again every year,...

Tax Cash Flow

asked Dec 18 '10 at 02:35

Donny V
141 points

I recently started an LLC with a business partner and quickly realized it was a mistake and we are in the process of having his name removed from the company. As no work was performed by this...

Tax

asked Dec 28 '10 at 15:34

Senfo
152 points

What parts of the world have developed infrastructure, cheap fast internet, transportation, and cheap energy; and the lowest taxes as well?

Tax

asked Dec 9 '10 at 00:00

Psihodelia
137 points

I recently started an LLC in Maryland and a CFO for a company I used to work for suggested I not carry a balance in my company bank accounts at the end of the year. Is this something I should...

Tax Bank Account

asked Dec 10 '10 at 06:28

Senfo
152 points

My partner and I have day jobs so we don't need to (or want to) draw salary from our startup. Our startup is already profitable but in our ideal world, the bank account associated with this startup...

LLC Tax Corporate Structure

asked Dec 10 '10 at 16:15

Avery Chan
123 points

If I am running a SAAS businss and my users are paying me e.g. 10$ per month is there a sales tax liability on it? Who pays that tax and what are the different things to consider. Does it matter...

Tax Saas

asked Dec 12 '10 at 11:19

Jewelthief
151 points

Is there such thing as not making enough money to get taxed in NY state? What is that amount?

Finance Legal Tax

asked Nov 21 '10 at 09:38

Moshe
409 points

Is there a widely recognised 'best place of business' for global social-media style internet businesses, and what are the considerations? Considerations I'm thinking about are taxation, regulation,...

Legal Tax Corporate Structure

asked Nov 25 '10 at 19:48

Trish
186 points

All varying acronyms of incorporation aside, what exceptions (i.e. particular states) are there to the assumption that from state to state, if I need to register my company (for whatever particular...

LLC Incorporation Tax Registration

asked Dec 1 '10 at 02:03

Mfg
246 points

I'm in the process of creating a startup. Right now it's just a series of apps in the iTunes app store but there's a ton more I want to do with it. The apps were made available for sale almost 3...

Legal Tax

asked Dec 1 '10 at 10:09

Jan
143 points

I plan to form an LLC in Delaware. I'm a citizen of an EU country and a resident of another EU country. Now... I manage a website that targets one of these countries and I need to be able to charge...

LLC Tax

asked Nov 8 '10 at 19:47

User5276
21 points

I'm interested in bringing on a partner (for his development abilities) for a site I'm working on. I already have an LLC and would prefer to keep this site under that LLC. Then, I'd offer in a...

Tax Acquisition Partnerships Liability

asked Nov 10 '10 at 02:41

Shpigford
146 points

I have been studying the UK/US double tax treaty and it's explanation in anticipation of the creation of a US subsidiary wholly owned by a small internet-based company in the UK. It seems as though...

UK Tax International

asked Oct 26 '10 at 04:58

Brian
28 points

I don't have a separate bank account for my LLC (I am sole owner). I am planning to buy a new laptop. How do I claim it as an LLC expense, come tax time? Related questions: What are pros/cons of...

LLC Tax Accounting Bank Account

asked Oct 27 '10 at 04:45

User5027
21 points