The Small Business Tax Help Blog

Posts Tagged ‘social’

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Question: Can you obtain an EIN number at no cost?

I need to know if it is possible to do this online for free? Where/how?

Answer: Yes, just call directly...you can do this over the phone at
(800)904-2300.

Advice: Online document-filing firms are a tool, not a solution

Also: Look into dissolving S corporation to avoid paying the state tax. Dear Karen: My business was incorporated by an online service on the last day taxes were due for the year. Had it waited one more day, I could have saved $800.

GTA IV - PC - Ranked Online Team Deathmatch - 10 v 10

Question: NJ S-Corporation paying office rent out of state?

My S-Corp is based in NJ and I operate in my home office in NJ.

If I want to expand to another office in Atlanta and use a friends Den in her apartment as an office, can I pay her rent for the use of the den and expense this?

And am I correct that it would also come out pre-tax, since it is coming out of the s-corp vs my taxed personal income?

Or would i have to incorporate again in Atlanta?

Answer: I would think you could expense it. But to be sure you can ask an accountant.

Expanded business jumpstart funds

The Iowa Department of Economic Development has additional funding available for businesses that sustained damage in the 2008 natural disasters. This funding is available through three different programs.

Budgeting 101

The nationwide small business consultant company, Grow Small Business, held its first Small Business workshop last month at the Southfield Westin Hotel.

The workshop’s theme, Small Business “Bailout,” attracted attendees from all parts of the tri-county region.  The audience of small business owners and entrepreneurs was delighted and encouraged to learn that there are legal and financial resources available to them.  

The “Bailout” workshop planners, Dennis Nazelli and Emily Holt, arranged for experts in the fields of legal and financial affairs.  The Program Manager for Women’s Business Center, Kathi Boyle, represented the Center for Empowerment & Economic Development (CEED).  Director Earl Carruthers represented his company, Graceful Financial Solutions; and, Business Loan Officer, Derek Thornton, spoke on behalf of CharterOne Bank, the largest lender of business loans in the state of Michigan.

Emily Holt, a successful owner of her own insurance agency for 20 years, used all of her time slot to explain the many benefits of the Pre-Paid Legal Services program that protects entire families from law suits, IRS issues, Identity Theft restoration services, writing a will, contract review, foreclosures, speeding tickets, landlord/tenant issues, owning a small business, and many more issues that would normally cost a fortune if handled by an attorney from the “yellow pages.”  Ms. Holt received a resounding applause when she announced that the Pre-Paid Legal membership program only cost $1.17 a day.

The second presentation of legal resources was given by Dennis Nazelli and it centered on the explanation of the business legal plans offered by GoSmallBiz.com.  Mr. Nazelli illuminated the unique and reasonably-priced coverage of the GoSmallBiz.com plan.  It covers legal and business consultation, legal and business correspondence, legal forms, debt collection, IRS tax issues representation, contract and document review, trial defense representation, internet marketing, construction of your business website to name just the plan’s major elements.

The incredulous audience was amazed to learn that their cost for these two resources combined for under $2.00 a day.  Nazelli reminded the audience that together these two legal plans will protect you, your family and your business.  

For more information about Grow Small Business and its services go to:
http://www.growsmallbiz.biz

Stimulus program has no effect on unemployment rates

WASHINGTON – A federal spending surge of more than $20 billion for roads and bridges in President Barack Obama’s first stimulus has had no effect on local unemployment rates, raising questions about his argument for billions more to address an “urgent need to accelerate job growth.”

Picture This Contest. Enter at http://picturethisvideocontest.pbwiki.com/