Standard Mileage Rates I received a call yesterday from a past client regarding the 2010 Standard Mileage Rate as given by the IRS. He is an electrician and uses his personal vehicle as his work van, which is completely fine of course, however, he was not following the IRS regulations on the busin[...]
Archive for March, 2010
What is a business?
Is that a hobby, or a business you have there? A business is not a hobby. If you engage in an activity and do not expect to profit from this activity, it is considered a hobby, and nothing may be deducted off of your personal tax returns as an expense to offset other income. However, [...][...]
March 5th, 2010 - 10:25 am § in business start up, General Info
What’s in a name?
One of the very first business start up processes is naming your company. Here are my guidelines to picking your company name.[...]
