Tag Archives: owner
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
How does a small business owner do their taxes?
Question by Mandy: How does a small business owner do their taxes? Employees get their W2 forms in the mail in January, but how do small business owners take care of that sort of thing? What should I know before … Continue reading
What does a new small business owner need to pay taxes ever year and what kind of things can be written off?
Question by romance_writer_woman: What does a new small business owner need to pay taxes ever year and what kind of things can be written off? I just started a small business. What do I need to know about paying taxes … Continue reading
Q&A: Do I need to be worried about taxes as a small business owner?
Question by Ashley S: Do I need to be worried about taxes as a small business owner? I started my small business this year. It is a sole proprietorship and I am the only owner/employee. It is looking like I’m … Continue reading
Will a small business owner really cut jobs because his taxes go up a few thousand dollars?
Question by Jbushkey: Will a small business owner really cut jobs because his taxes go up a few thousand dollars? All the greedy rich folks are trying to get us to believe that if taxes go up a couple of … Continue reading