Sorry to see that.
Ok, as a happily married guy, let me tell you what helps me in situations like this: don't offer advice; offer sympathy and an ear. Let her work it out, but tell her you're...
Type: Posts; User: Freelancier; Keyword(s):
Sorry to see that.
Ok, as a happily married guy, let me tell you what helps me in situations like this: don't offer advice; offer sympathy and an ear. Let her work it out, but tell her you're...
Have a plan.
Execute the plan.
So what's the plan?
First question: What will she do after she quits? If it's "find another job", she needs to do that NOW and quit after that. If it's "stay...
Yes, you will have to collect sales tax for sales within the state. Depending on your state's rules, you might have to collect tax based on where the buyer is located or based on where you are...
In any business I form, whoever puts up the money, buys control of it. There's no such thing as a partner putting in no money but getting shares in exchange for "future work". That's just not going...
Never equal partners. SOMEONE has to be in charge and make the big decisions. My rule: Whoever is risking the most money owns the most shares.
For the management work you do, you should outline...
I have a CentOS VM I spin up periodically for development, but I rarely do network security on the server, preferring to control it at the upstream firewall.
In 5 years, will this sound like "I have a business directory web site I want to buy" question?
Bluetooth with older phone makes it a bit tougher to recommend, but wired I do all the time (I have a Plantronics CT14 landline phone that's a tiny dialer unit with a headphone jack). I know the...
Wired or bluetooth?
Yes, you can do it all yourself without software, but it's a royal pain the butt. Lots of forms, deposits that need to be made to the IRS and state, lots to keep up with.
I recommend a service...
You're not going to lower your tax expense by paying her a salary. The only way to reduce the tax expense is to pay you -- the shareholder -- a "reasonable" salary and then take the rest as periodic...
There's really no "self-employment tax". Basically, if you're an employer, the employer pays half the employee's social security and half their medicare taxes, the employee pays the other half. As...
Assuming salaries match the work you do, profit disbursement is usually a return on the investment. As such, as everyone else is saying: 5:1 is "fair", because that's the level of risk being taken...
So you can't just sue for "anything", there has to be a valid, logical and legal reason to sue.
This is wrong. You can indeed sue or be sued for "anything". The question is whether it will survive...
Have you considered renting an environmentally controlled and secure self-storage unit instead of spending the money on building a barn? Seems like you're just getting started and the first thing...
First things first, anyone can sue you for anything.
I agree with this. What I don't agree with is being afraid of being sued. It'll happen or it won't. Being afraid doesn't change that.
So......
Define "average small". If you're talking about shops with 20-50 people and cash flow issues, they may not be here that much because they're too busy running the business.
Yes, they will eventually need to know who you are. However, they won't need to know until you and they reach a preliminary agreement over the price (with a penalty for breaking the agreement...
If you don't know who your best client is going to be, we won't either. E-mail marketing tends to have very low response rates, lower than regular mail marketing, just because e-mail marketing has...
In general, as a tiny group, you don't get offered discounts. In fact, you might not get much service from a broker at all, short of getting an explanation of your benefits in the first year and...
Possibly ordinary, possibly qualified. Look at the 1099-DIV instructions to figure out which it is.
Not a cap gains distribution, because you didn't sell any capital asset to generate the...
You're not going to get audited for a $0 income on a company where no one is reporting a 1099, no one is claiming they paid you for something, you don't report sales tax anywhere.
Remember:...
You're assuming the IRS doesn't have at least an IBM PC circa 1992 to look at your tax return.
C'mon, it's 2016. They can figure out whether to audit you from running every number and cross...
EIN is just an ID number for your business for tax purposes. You don't really need one for single-person LLCs. I'd do the sole prop route instead of the corporation for the moment. Later when you...
I messed up and double counted the $5K in costs.
$7100 * 30% = 2130 => how much you must immediately pay back on the loan for what you borrowed
$7100 - 245 - 2130 = $4725 => amount in your pocket...