The Small Business Tax Help Blog

Archive for February, 2009

Question: Considering Starting an at home business?

I’m considering starting an at home business, most likely gift baskets and yes I know there’s lots of competition and all that. But even before that I’m wondering if it’s even worth it.

I’ve found several websites with wholesale pricing, varying from cheap inexpensive items to brand name and gourment items. most request your federal tax id# before they will show you their wholesale pricing list though.

So far I’m looking at federal tax info, state tax info, state info for starting an at home business, looking into website domains and hosting, account software, gift basket ideas and possible clients, etc and that’s all before I can even buy anything. I was thinking of possibly making say a dozen various baskets to sell online thru possible an ebay store or send out letters to a couple dozen potential clients to see if their is any interest. I just don’t want to go thru all the federal and state tax issues and forms if it won’t work out

any suggestions or ideas?

Answer: Hi Alexie.

You certainly are approaching it the right. As you can imagine, some websites are expensive to set up and maintain. How are you with setting up your site?

I’m in a program that gives you a 10page site for $10.00/mth. So far I have no issues of hosting, and both my site attract quite a few hits. They only been up for about a month and I’m very impressed with out come.

The other thing this has available, is that you have join you and have a small earnings in return. Ultimately, the site effectively cost nothing to have , and could even earn something for you. But, you don’t have go down this road if you wish to promote your products on the website.

If you are interested in a genuine program, very little investment to set up, and good returns with a like work, this could be the answer for you.

You have 7day free period to view the site, and then only $10.00/mth to stay with it. Check out my site and click on the banner. You could be pleasantly surprised at what it offers.

http://www.easyearner.ws

Any queries at all about what I’ve said, and want further clarification, please email me at: petero@ozzienet.net

Hope to hear from you soon,

Cheers, Peter

A Closer Look at the Teacher Contract: Loose Lips Daily

As much local politics as humanly possible. Send your tips, releases, stories, events, etc. to lips@washingtoncitypaper.com . And get LL Daily sent straight to your inbox every morning!

H2O (letter to the President)

Contractor Waives Preliminary Hearing; More Victims Come Forward

Zachary Dye, 53, of Boomer, waived his right to a preliminary hearing Friday. WEB EXTRA: Consumer Tips in Dealing with Contractors

Answers with Ray the CPA Ep 9 IRS definition of a qualifying child…oh yeah!

Showdown at Verizon Center: Loose Lips Daily – City Desk – Washington City Paper

Morning all. Your regularly scheduled LL is back in the saddle here at LL Daily. His body’s not quite back in town yet, but his spirit is. Nice quiet weekend on the local news front.

For Fed Work, Big Biz Trumps Small Firms

THE TAX LADY’S GUIDE TO BEATING THE IRS And Saving Big Bucks on Your Taxes

Americans are addicted to receiving a tax refund, but most don’t take full advantage of all the deductions that are available and lose money every year. Compounding the problem, 2009 was one of the biggest years for tax law change in history.

Vegas PBS Recession Rx June 8, 2009 Part 1

Question: How come the Democrats ONLY want Republicans to pay more in taxes, and they think they don’t have to?

Timothy Geithner
WASHINGTON — The man President-elect Barack Obama wants to lead the Treasury Department through the worst financial turmoil since the Great Depression won crucial support Wednesday on Capitol Hill despite making about $43,000 in mistakes on his own taxes.

Caroline Kennedy
A source told the Daily News that “she was facing some potentially embarrassing personal issues” regarding her tax history and employment of a nanny.

Charlie Rangel
Among them was the fact that Rangel was occupying four rent-controlled apartments simultaneously in Upper Manhattan, and that his tax returns — Rangel is the chairman of the tax code–writing House Ways and Means Committee — were such a mess that he was hiring a “forensic auditor” to figure out why he had failed to report $75,000 in rental income from a villa in the Dominican Republic.

Answer: It's kind of hard to tax the Obama supporters if they are on welfare, dont you think?

Animal Welfare Tool Now At Fingertips

Achieving good standards of animal health and welfare on-farm is now even simpler, thanks to the most recent addition to the Compliance Toolkit. The DairyNZ Compliance Toolkit website is designed to help dairy farmers meet compliance requirements around ...

HMRC Tax codes, the importance of having the right one!