When business owners start up a new business one of the challenges for them is state sales tax. What is taxable? How much do I collect? When do I have to send the tax into the state? All good questions that a new business owner will have. Chances are that if you will be selling [...][...]
Posts Tagged ‘business start up’
Company Checking Account
A few of my recent posts about the list of items needed when one starts up a business dealt with decisions that a business owner had to make, what type of business entity they should have, should they obtain a federal ID number etc. This topic there is really no decision to be made. If [...][...]
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, [...][...]
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.[...]
Hello and welcome to Bookkeeper’s Blog!
Greetings! I hope to bring help to small business owners who may be struggling with bookkeeping concepts, business start up procedures and tasks that may be foreign to them. I have seen over the years that business owners are creative individuals, typically very busy and not very detail-orientated[...]