Tag Archives: money

Q&A: How much money do you need to make before paying taxes on your small business?

Question by Cookie: How much money do you need to make before paying taxes on your small business? I have my own out-of-the-home photography business. It’s just me that does it on a regular basis, however, I do bring on … Continue reading

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does a new small business need to file taxes no matter how much money it made, if any money was made at all?

Question by jon: does a new small business need to file taxes no matter how much money it made, if any money was made at all? how would someone file taxes that ownes a small business (on the side type … Continue reading

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How much money should I set aside for taxes for my small business?

Question by DW: How much money should I set aside for taxes for my small business? I own a small business and it was just created in January 2011. I am planning on making about $ 10,000. Please let me … Continue reading

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How much money to claim small business for taxes?

Question by tawnyelise: How much money to claim small business for taxes? I just started teaching piano in September. I haven’t made much money, does anyone know what the minimum is to file as a small business? Thanks! Best answer: … Continue reading

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Do I pay taxes on money I use to repay a loan for a small business?

Question by the_cyman: Do I pay taxes on money I use to repay a loan for a small business? I have a small business which has a large loan. The loan was taken out last year. So, if this year … Continue reading

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Q&A: With small business taxes do I put income as the total amount of money I’ve gotten or total profit?

Question by Jake C: With small business taxes do I put income as the total amount of money I’ve gotten or total profit? I started a small business in 08 selling/repairing computers. So if I received $ 5,000 over the … Continue reading

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