Small Business Tax and Accounting

/Small Business Tax and Accounting

Getting Your Business Off to a Good Start, Part 7: Operating in Other States

By | February 9th, 2017|Categories: Small Business Tax and Accounting|Tags: , |

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.

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Getting Your Business Off to a Good Start, Part 6: Implications of Having Employees

By | February 7th, 2017|Categories: Small Business Tax and Accounting|Tags: , , |

There are tax considerations and non-tax considerations when you have employees. You should think about both before making the leap and hiring employees.

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Getting Your Business Off to a Good Start, Part 5: Independent Contractor vs. Employee

By | January 30th, 2017|Categories: Small Business Tax and Accounting|Tags: , |

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 [...]

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Are Discounts Given to a Not-for-Profit Deductible?

By | January 26th, 2017|Categories: Small Business Tax and Accounting|Tags: , |

The short answer is, there's really no special documentation you need, because it's technically not a charitable deduction.

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Can I Start a Not-for-Profit to Shield Income?

By | January 20th, 2017|Categories: Small Business Tax and Accounting|Tags: , , |

Starting a not-for-profit just to reduce your tax liability is a bad idea.

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