Tag Archives: income
Q&A: If you own a small business and your taxes go up how will you make up for the loss in income?
Question by jkherberger: If you own a small business and your taxes go up how will you make up for the loss in income? Best answer: Answer by robert eraise prices, if you are in a crucial industry, then the … Continue reading
Do you understand that a small business does not pay income taxes, the net profit is taxed by who gets paid?
Question by King of CNN: Do you understand that a small business does not pay income taxes, the net profit is taxed by who gets paid? The owner takes some, he gives some to employees, each of them must file … Continue reading
Do you support Obama’s increased taxes on small business owners and higher income earners?
Question by Jeff G: Do you support Obama’s increased taxes on small business owners and higher income earners? Best answer: Answer by Desperate MenYes, I do actually. Give your answer to this question below!
Q&A: Under the Small Business Tax Assistance Program is it true that a small business does not pay income tax?
Question by Miskit: Under the Small Business Tax Assistance Program is it true that a small business does not pay income tax? Info here: http://lacity.org/finance/assistanceprogram.htm I need some clarification. A friend of mine owns a small internet cafe with annual … Continue reading
Q&A: Are small business earnings treated the same as personal income for taxes?
Question by Joe: Are small business earnings treated the same as personal income for taxes? A friend argued that progressive taxation hits small business income, because, in addition to individuals making over a certain amount, it also targets the total … Continue reading
What about using the tax exempt income for capitol in my small business; i.e. new equipment?
Question by : What about using the tax exempt income for capitol in my small business; i.e. new equipment? I am considering taking on a two month project and filing exempt. With the non taxed money, buying equipment for my … Continue reading
I was thinking of starting a business where I flip houses. Would I have to pay income taxes or any other taxes?
Question by cdamprun: I was thinking of starting a business where I flip houses. Would I have to pay income taxes or any other taxes? I was thinking of starting a business where I flip houses. Would I have to … Continue reading
Do I Still Need to File Taxes for my Small Business if I DID NOT make any Income?
Question by QUESTION GIRL: Do I Still Need to File Taxes for my Small Business if I DID NOT make any Income? if i didn’t one red cent for my small business for 08 do i still need to file … Continue reading
How do you calculate how much income to withhold for taxes when starting up a small business?
Question by Stark: How do you calculate how much income to withhold for taxes when starting up a small business? We just started up a small business and are wondering how we calculate how much money to withhold for income … Continue reading
Net income and small business taxes??
Question by charlesm4450: Net income and small business taxes?? I am a small business owner and am using Quickbooks to do my financials. We just starting paying salaries (to myself and the other owner) and now we notice that the … Continue reading