The Small Business Tax Help Blog

Question: Is anybody aware of a free tax calculator for how much to send in for estimated taxes?

last year I was mainly employed: this year I will have significantly more income as an independent contractor. So I can’t go by last year’s tax results. thanks.

Answer: Sure! Use the worksheet on Form 1040ES to calculate your Estimated Tax Payments for the year. Re-calculate things every couple of months and adjust your estimated payments up or down as your income and business expenses reflect.

Spotlight: Leaders in Green Technology

This report highlights 46 North Bay professionals in various fields who have been leading development and implementation of environmentally sustainable technologies, such as solar electric and geothermal energy, erosion control for better stream water quality and energy-efficient construction.

Question: Can I use existing bank account for my new SMLLC?

Before I created my Single Member LLC, I used a second bank account at my bank to handle my sole proprietorship income and expenses. Can I now continue using the same account for my newly created SMLLC. I have no need for a “business” account, as my business is completely online. The account is separate from my personal bank account, but is a personal account. Also, should I was my SSN or my LLC’s EIN for the 1099’s that I will receive for the income for my SMLLC. Thank you for your help. Best answer gets 10 points.

Answer: Yes, you can continue to use that same account. The bank doesn't care if you are an LLC or not.

It doesn't matter if you use a SSN or an EIN for your bank interest reporting. The IRS knows that both numbers mean the same person. But since the bank may not really know this is a business account, giving them your EIN may tip them off that it is, which usually means more fees.

Australia Consumer Stimulus Measures Boosted Economy, Swan Says

Jan. 10 (Bloomberg) — Australia’s stimulus measures directed at consumers and small businesses have protected the nation from the worst impacts of the global economic downturn, Treasurer Wayne Swan said today.

Retrofitting for Energy Efficiency and New Jobs

Tax seminar helps prep for season

ZANESVILLE — The year 2009 was full of highs and lows, but one thing many people appreciate the most is the first-time homebuyer tax credit.

Federal Home Insulation Energy Tax Credit 2009, 2010

Question: What is the process to apply for a non-profit organization?

We already have an EIN and a board of directors. What other steps do we need to take? Our organization is an outreach for youth in our area.

Answer: Starting a Nonprofit Organization
http://www.managementhelp.org/strt_org/strt_np/strt_np.htm (one of my favorite resources)

Starting a Non-Profit
Checklist- The Things You Must Do to Start a Nonprofit Organization

http://www.ctnonprofits.org/pages/NonProfitResources/StartNonProfit.asp

Starting a Nonprofit Organization - How to Start a Nonprofit http://nonprofit.about.com/od/nonprofitbasics/ht/startingsteps.htm

How to Start a 501c3 Nonprofit Organization

http://www.wikihow.com/Start-a-501c3-Nonprofit-Organization

You don't say what city you are in -- large cities have nonprofit support centers/clinics, often through the United Way, that can help starting nonprofits with governance and fundraising.

Die besten Japan Aktienfonds

Die Fondsmanager der besten Japan Aktienfonds beantworten exklusiv 5 Fragen zur ihrem Ausblick für die Entwicklung der jap.

Freaky Friday - Ein voll verrückter Freitag Deutsch Part 3