A common question from business owners is, how and when do I calculate quarterly estimated tax payments?
The biggest question to answer when it comes to operating in other states is to determine if you’re “doing business” in another state. In general, if you’re “on the ground” in another state providing a service or selling your product, you probably have a business presence in that state.
There are tax considerations and non-tax considerations when you have employees. You should think about both before making the leap and hiring employees.
This is an excerpt from a presentation I give to entrepreneurs who are trying to get businesses off the ground. ----- One of the biggest areas of discussion when I give this presentation is over the subject of employees vs. independent contractors. Let’s define some terms first: this discussion is about people you pay for work [...]
The short answer is, there's really no special documentation you need, because it's technically not a charitable deduction.