The Business Blogger » Start Business http://www.business-blogger.com Tue, 09 Sep 2008 22:33:24 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Opening a business and wondering what types of expenses I can write off? http://www.business-blogger.com/opening-a-business-and-wondering-what-types-of-expenses-i-can-write-off/ http://www.business-blogger.com/opening-a-business-and-wondering-what-types-of-expenses-i-can-write-off/#comments Sat, 28 Jun 2008 06:21:37 +0000 admin http://www.business-blogger.com/opening-a-business-and-wondering-what-types-of-expenses-i-can-write-off/ business
Ken asked:


I am opening an online business for website design. (set up as a LLC, I’m the sole owner) Should I start keeping receipts of all business related expenses? Or would my business qualify as a hobby if I don’t make a certain amount of money in the year that I’m filing.

What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses?

Do I have to accept payments towards the business’s services through a corporate account, or can they make the check/payment directly to me?

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]]> http://www.business-blogger.com/opening-a-business-and-wondering-what-types-of-expenses-i-can-write-off/feed/ 3 If you invest money into your business and the business loses money, how do the taxes work? http://www.business-blogger.com/if-you-invest-money-into-your-business-and-the-business-loses-money-how-do-the-taxes-work/ http://www.business-blogger.com/if-you-invest-money-into-your-business-and-the-business-loses-money-how-do-the-taxes-work/#comments Tue, 24 Jun 2008 18:24:33 +0000 admin http://www.business-blogger.com/if-you-invest-money-into-your-business-and-the-business-loses-money-how-do-the-taxes-work/ business
thebuffettour asked:


I want to start a business and I know most lose money in the beginning so I was wondering how the taxes work between filing business tax returns and personal tax returns. I wasn’t planning on doing a DBA so there would be two returns but do I claim business loss of revenue AND personal loss of investment?

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]]> http://www.business-blogger.com/if-you-invest-money-into-your-business-and-the-business-loses-money-how-do-the-taxes-work/feed/ 2 Does my small business need to file a tax return? http://www.business-blogger.com/does-my-small-business-need-to-file-a-tax-return/ http://www.business-blogger.com/does-my-small-business-need-to-file-a-tax-return/#comments Fri, 28 Mar 2008 19:21:59 +0000 admin http://www.business-blogger.com/does-my-small-business-need-to-file-a-tax-return/ business
greg b asked:


I am a small business owner and have been developing my company for the past year. Because I left my previous job to start this business I do not have a current income and because my company only recently officially “opened for business” we do not have a profit line. Do I need to file? What about the business expenses that I incur?

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]]> http://www.business-blogger.com/does-my-small-business-need-to-file-a-tax-return/feed/ 4 I work for a 501C business,which is closing and liquidating. Can I start my own separate taxable business? http://www.business-blogger.com/i-work-for-a-501c-businesswhich-is-closing-and-liquidating-can-i-start-my-own-separate-taxable-business/ http://www.business-blogger.com/i-work-for-a-501c-businesswhich-is-closing-and-liquidating-can-i-start-my-own-separate-taxable-business/#comments Tue, 18 Sep 2007 18:30:54 +0000 admin http://www.business-blogger.com/i-work-for-a-501c-businesswhich-is-closing-and-liquidating-can-i-start-my-own-separate-taxable-business/ business
izzy asked:


I have worked for the 501C business for 10 yrs total, 3 in this specific business area. They no longer wish to carry this branch of their association. When they close, I will be fired. Can I start up my own for profit business, with the same business description?

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]]> http://www.business-blogger.com/i-work-for-a-501c-businesswhich-is-closing-and-liquidating-can-i-start-my-own-separate-taxable-business/feed/ 2 For business owners: How do you start your own business and register your company’s name? http://www.business-blogger.com/for-business-owners-how-do-you-start-your-own-business-and-register-your-companys-name/ http://www.business-blogger.com/for-business-owners-how-do-you-start-your-own-business-and-register-your-companys-name/#comments Sun, 05 Aug 2007 23:27:06 +0000 admin http://www.business-blogger.com/for-business-owners-how-do-you-start-your-own-business-and-register-your-companys-name/ business
Kia25 asked:


I am starting my own home-based business. I hope I can expand it outside of the home in a couple of years, but until then I just need to know how to start it. Like tax wise how do I go about registering and do I have to get a Tax id?

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]]> http://www.business-blogger.com/for-business-owners-how-do-you-start-your-own-business-and-register-your-companys-name/feed/ 3