Starting a small, part-time, home-based eBay business in New York. What are the implications of registering for a Sale & Use Tax certificate? [more inside]
posted on Aug 27, 2008 - 1 answers

Any word if the IRS will rate the 2008 mileage rate because of the rapid increase in gas prices? [more inside]
posted on Jun 9, 2008 - 4 answers

I'm going to register my company as an LLC. My next question is where? Which US state is the best for this? [more inside]
posted on Oct 9, 2007 - 4 answers

I'm planning to do some on-the-side freelance photography in the next year. I'd like some advice on how to play the tax game most effectively. [more inside]
posted on Sep 28, 2007 - 8 answers

Los Angeles is hitting me for a big chunk of money for business taxes... this despite the fact that I am a public employee. [more inside]
posted on Sep 5, 2007 - 4 answers

Registering for the GST in Australia for a small consulting job; do we have to? What if we don't? [more inside]
posted on Sep 3, 2007 - 8 answers

LLC, S-corp or continue as a sole proprietor? [more inside]
posted on Apr 3, 2007 - 19 answers

Tax planning advice for the self employed. The web is full of articles, the bookstores are full of guides. But there is so much "get rich quick" and "pay zero taxes" crap out there that I am not sure where to go for good, solid tax planning advice. [more inside]
posted on Mar 26, 2007 - 5 answers

Why do companies incorporate in DE, and have we done something incorrect by doing so when our primary place of business is NY? [more inside]
posted on Feb 5, 2007 - 17 answers

TaxFilter: My wife and I have drastically different incomes. She made about $45K this year and I only made about $15K, mostly from freelance gigs, so no taxes were paid. Should we file jointly or married but filing separately? [more inside]
posted on Jan 29, 2007 - 15 answers

How do I "incorporate under my business" for the purpose of deducting health care costs from my income as a self-employed person? [more inside]
posted on Jan 24, 2007 - 7 answers

Can I start a LLC (or similar) who's only business is to manage investments and reinvest any gains? What are the tax implications? [more inside]
posted on Nov 28, 2006 - 13 answers

UK: I've thought of a way to earn a little pocket money. Will the taxman be bothered? [more inside]
posted on Sep 23, 2006 - 4 answers

I'm a Canadian who has very recently bought a pre-owned computer for a business I'm starting. Can I claim it in the upcoming income tax? Should I have registered the business first, and then make the necessary purchases? What is the deadline for claiming small business expenses on income tax anyway?
posted on Jan 17, 2006 - 5 answers

In 2001, my .com finally imploded in the week after September 11th, when our few remaining clients went out of business. For another couple of years the corporation continued to exist, with me as sole employee, though it was only an after-hours interest -- I've long since moved on from doing anything with this corporation. It's existed only on paper for the past two years while I've paid the IRS, out of my own pocket, some payroll taxes (941 withholdings) that my accounting errors led me to underpay. They (and I) have just noticed that I forgot to file for the Q3 2001. It seems that I paid $6,000 to employees in that final quarter, so I figure my business owes the IRS another couple of thousand dollars in taxes. Now what? I don't have a couple of thousand dollars to throw at this, and the corporation's bank account is all but empty. Can I bargain with the IRS? Will they give me any bonus points for coming forward and telling them about this? Is my moral obligation to personally pay this debt sufficient that I should just buck up and set up a payment plan? What happens if, worst case, I just shut down the corporation? [more inside]
posted on Nov 24, 2005 - 14 answers

If one has a business that is registered as an LLC (with no partners-- just the one person) and if: the business location (office) is in one state, the owner lives in another state and most of the business (or clients) are in a third state in which state is state income tax due-- where the office is, the owner's residence or where the clients are?
posted on Aug 24, 2004 - 3 answers

Ecommerce filter: Here at work we are attempting to understand/define the default business rules for taxation calculations within an ecommerce app. Specifically we are all tied up in knots over the application of rates, reporting issues, etc. Is there an industry standard for handling this aspect of a transaction? Who defines the standards, and how can I find out more about it?
posted on Aug 12, 2004 - 2 answers

I am thinking of starting a very small business, but I have a few questions for those of you who have done so before I really make up my mind wheter to go forward or not. [More Inside]
posted on Jul 29, 2004 - 11 answers