Monthly Archives: January 2012

Hobby business became a serious business… how far back can I go with claiming taxes, writing off, etc?

Question by airwynnglass: Hobby business became a serious business… how far back can I go with claiming taxes, writing off, etc? I have every single receipt for every expense for the past 5 years … how many years can I … Continue reading

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Should I apply for a small business, and what is the best way to pay taxes?

Question by andychoi_chicago: Should I apply for a small business, and what is the best way to pay taxes? Last summer I started a small business selling merchandise via online. Before all the expenses, I make around $ 10,000 a … Continue reading

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Small business tax decductions/expenses for gas and electricity etc?

Question by lazarus: Small business tax decductions/expenses for gas and electricity etc? I’ve heard somewhere that as a small business owner working from home, I can deduct or claim expenses as a portiono f my utilities consumption but IM unable … Continue reading

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where can i find a free help guide for small business tax preparation?

Question by : where can i find a free help guide for small business tax preparation? i have a small construction co. and would like to learn how to keep my taxes in order Best answer: Answer by KlemKiddleHopperYou must … Continue reading

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I created website to sell my photographs. Where and how do I need to register my small business to pay taxes?

Question by silver fox: I created website to sell my photographs. Where and how do I need to register my small business to pay taxes? Best answer: Answer by KackyYou have to collect sales tax when the customer is from … Continue reading

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Q&A: Why do small business owners complain about taxes so much?

Question by Your Silly Prince: Why do small business owners complain about taxes so much? If your business fails because you suck at making money and need a giant tax cut just to scrounge by…. you must just suck at … Continue reading

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Do you think that Barack Hussein Obama can lead us to prosperity by raising taxes on small business owners?

Question by TRADITIONAL AMERICANA: Do you think that Barack Hussein Obama can lead us to prosperity by raising taxes on small business owners? That IS what he would do!! Best answer: Answer by Blue ShortsYES, less than 5% of small … Continue reading

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84% of Americans work for small businesses, so why does Obama want to raise taxes on 1 million small business?

Question by ,539,684,631,121 Clinton Debt: 84% of Americans work for small businesses, so why does Obama want to raise taxes on 1 million small business? Not spelling, ran out of characters. These are the facts. A small business by rule … Continue reading

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can a small business with back taxes file bankruptcy on the taxes to get rid of them?

Question by mwill467: can a small business with back taxes file bankruptcy on the taxes to get rid of them? Best answer: Answer by Nancy GMy understanding is that bankruptcy does not do away with tax debt. So once your … Continue reading

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How many jobs will be lost once Obama raises taxes on small business’?

Question by You Are Dry Shaving Me: How many jobs will be lost once Obama raises taxes on small business’? Best answer: Answer by Hater PoliceNone. Fear mongering, again Give your answer to this question below!

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