The Small Business Tax Help Blog » consulting

Business Tax Consultants

admin — Sat, 12 Mar 2011 08:52:48 +0000

Question: Cost of a Business Tax return – Sydney Australia.?I’m in full time employment but an a consultant on the side, having my own pty ltd company. I’ve been having my personal and Business Tax returns done by a ‘city firm’ for years. Last financial year I was thinking of finishing my company, [...]

Business Tax Consultants is a post from: The Small Business Tax Help Blog

Independent Contractor Tax Benefits

admin — Thu, 09 Dec 2010 09:07:43 +0000

Question: As an independent contractor should I start an LLC?I am starting a career in 100% commissioned sales as an independent contractor paid through a 1099. The business will have general office expenses. Would it be a tax benefit for me to start an LLC and have my checks paid to the LLC.Answer: [...]

Independent Contractor Tax Benefits is a post from: The Small Business Tax Help Blog

Business Tax Worksheet

admin — Mon, 22 Nov 2010 04:28:51 +0000

Question: Schedule D – Why do you combine short and long term gains on line 16?I’m working on my 2009 taxes and am filling out schedule D. I have long term gains and short term gains. Filling out the first page is easy but the second page starting with line 16 gets weird. Line 16 [...]

Business Tax Worksheet is a post from: The Small Business Tax Help Blog

Self Employment Tax Computation

admin — Thu, 29 Jul 2010 06:54:48 +0000

Question: Why is only half of a sole proprietor’s self-employment tax deductible in the computation of taxable income?Answer: The self-employment tax is actually Social Security. Half is deductible because if the sole proprieter worked for a large company, the company would be allowed a deduction on half his Social Security. The rule is an [...]

Self Employment Tax Computation is a post from: The Small Business Tax Help Blog

Business Tax Advisory

admin — Sun, 13 Jun 2010 14:17:44 +0000

Vancouver seeks new lodging tax committee member The City of Vancouver is seeking applicants to fill a vacancy on the Lodging Tax Advisory Committee. The committee is a sevenmember body that makes recommendations to the Vancouver City Council regarding expenditures of the city’s lodging tax revenue.Doing Business in IndiaBusiness Tax Advisory is a post [...]

Business Tax Advisory is a post from: The Small Business Tax Help Blog

Business Tax Audit

admin — Sat, 29 Aug 2009 08:29:22 +0000

An enrolled agent is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections, and appeals. But the more important question is not what an enrolled agent [...]

Business Tax Audit is a post from: The Small Business Tax Help Blog

Business Expense Types

admin — Thu, 18 Dec 2008 07:34:21 +0000

Business : Fraud Continues To Be Serious Threat Within Corporate Malaysia KUALA LUMPUR, Jan 11 (Bernama) — Fraud continues to be a serious threat within corporate Malaysia, with 49 per cent of Malaysian companies surveyed, experiencing at least one incidence of it.Internet Marketing Business Models

Business Expense Types is a post from: The Small Business Tax Help Blog

Independent Contractor Tax Breaks

admin — Tue, 05 Aug 2008 16:09:05 +0000

Question: How anyone broken down how much we pay in taxes in exchange for what we receive from out tax dollars?Would it be cheaper to hire independent contractors to work and pay them with our tax money ourselves. I’m just surious how much of our money ends up at cocktail hour of our tax [...]

Independent Contractor Tax Breaks is a post from: The Small Business Tax Help Blog

Subcontractor Tax Form

admin — Mon, 18 Jun 2007 10:47:12 +0000

Question: Subcontractor to start taking out taxes?I am working for as a subcontractor, however, I am now required to fill out a w4 form. So this means that I will now become a regular employee right? Since they will take out taxes, am I entitled to overtime? vacation? and all the rights as a regular [...]

Subcontractor Tax Form is a post from: The Small Business Tax Help Blog

Self Employment Tax Vs Llc

admin — Sun, 27 May 2007 11:41:07 +0000

Question: S corporation vs LLC company .. HELP?what does this mean?? ‘A single-member LLC that doesn’t operate an active trade or business doesn’t have to pay self-employment tax and so would not save self-employment taxes by electing S corporation status.’ What do you mean by if income is passive? how does that make a [...]

Self Employment Tax Vs Llc is a post from: The Small Business Tax Help Blog