Tag Archives: owner
As a small business owner, why does it cost me more in taxes for my employees than it does for salaries?
Question by ladyl54: As a small business owner, why does it cost me more in taxes for my employees than it does for salaries? Due to this situation, expansion of our business to a profitable level is next to impossible. … Continue reading
If a small business owner buys real estate as an investment, can it be written off in his/her taxes?
Question by E: If a small business owner buys real estate as an investment, can it be written off in his/her taxes? The small business is not a real estate business. Can the interest and/or principal be written off? Best … Continue reading
As a small business owner can I write these things off on my taxes?
Question by Shaun D: As a small business owner can I write these things off on my taxes? I started a business 1 year ago and am not bringing in much money from it as of now. Every tax write … Continue reading
what form can I file to protect myself from my husbannd not filing taxes on time. he is a small business owner
Question by sunridertravel: what form can I file to protect myself from my husbannd not filing taxes on time. he is a small business owner my husband owns his own business and is up to his ears and past with … Continue reading
How much in taxes will I have to pay government as small business owner claiming $40000?
Question by sughs1: How much in taxes will I have to pay government as small business owner claiming 000? I have not filed taxes for two years and made 40,000 in 2011 and 35000 in 2010. I am single . … Continue reading
How do you pay taxes on what you make as a small business owner?
Question by Flying Cricket: How do you pay taxes on what you make as a small business owner? Im starting my own business here very soon and was wondering how this works. We will be a coffee shop/restaurant and we … Continue reading
What types of Mileage can a small business owner write off for taxes?
Question by mountaineskape: What types of Mileage can a small business owner write off for taxes? Can I log every time I drive to my business to work? When I go to the bank, store etc.? I just need to … Continue reading
Q&A: Small business tax question, are the profits of a small business the same as the pay for the owner?
Question by g: Small business tax question, are the profits of a small business the same as the pay for the owner? I always thought that the profits for the business were technically separte from the actual income for the … Continue reading
Does a small business owner save taxes by including his own salary as an expense?
Question by sunnskye: Does a small business owner save taxes by including his own salary as an expense? If the salary is included as an expense, then the income tax for the business is less, but of course, the owner … Continue reading