Choosing a Business Entity: Sole Proprietor
A discussion of the sole proprietor business entity.
Choosing a Business Entity: Basic Terminology
Basic terms to be familiar with when choosing a business entity.
Are HRAs Always Appropriate for Sole Proprietors? Part 3
When examining whether an HRA is appropriate for a sole proprietor, it’s important to look at cash flow, not just the pure tax savings.
Breakeven Analysis for Small Businesses — Service Providers and Not-for-Profits
Some examples of how breakeven analysis works for service providers and not-for-profits.
Are HRAs Always Appropriate for Sole Proprietors? Part 2
Are HRAs always appropriate for sole proprietors? An HRA will almost always save on taxes, but maybe not as much as advertised.
Why Make Estimated Tax Payments, Part 2
This is part 2 of an explanation of estimated tax payments. In Part 1, I detailed the math behind the tax formula. In Part 2, I’ll explain why a taxpayer might want to make estimated tax payments. Here’s the reason: if you’re fully self-employed, you don’t draw a paycheck in the traditional sense. Since you […]
Breakeven Analysis for Small Businesses, Part 2
Further examples of breakeven analysis for small businesses.
Why Make Estimated Tax Payments, Part 1
Why make estimated tax payments? An understanding of how the tax calculation works is a good starting point.
Basics of Doing Business in Other States
This blog post addresses the basics of doing business in other states, from a tax perspective.
Are HRAs Always Appropriate for Sole Proprietors? Part 1
Are HRAs always appropriate for sole proprietors? Usually, but not always.