The Small Business Tax Help Blog

Posts Tagged ‘startup’

Arizona LLC’s Limited Liabilty Company – Phoenix

Duo California – Ein Leben lang.wmv

Question: What records should I keep for small Business Tax puposes?

I am a Real Estate Appraiser. Any advice on records to keep please. Are bank statements sufficient for deposits and expenses? Thanks

Answer: If you are serious about running a business, you need to learn how to do REAL research.

Yahoo is not research.

WHY WOULD YOU NOT GO TO THE IRS WEBSITE?
Seriously.
I want to know.

http://www.irs.gov/businesses/small/article/0,,id=98575,00.html

Small Business Tax Advice – Employee or Subcontractor

Question: How to change from accounting and become an investment advisor?

HI,

I have been in accounting for 2 and a half years now, and I do public accounting, so I see a lot of clients like dentists, doctors, CEO’s & lots of small business owners when it comes to personal tax season. Due to the recession, I got laid off from the firm and joined another firm, which the working condition is quite horrible. Meanwhile, I want to become an investment advisor with companies that they call themselves XXX capital partners. I have no idea how to write a cover letter and resume for an Investment Advisor position, because all of my resumes are very accounting oriented. I believe the position could be sale oriented. I am to the point that I choose unemployment than stay at my current accounting firm.

PS. I will be getting an accounting designation and become a professional accountant in December 2009.

I appreciate all guidance in advance.

Answer: For CANADA Only:
Canada Overhauls Its Dealer and Adviser Registration/Exemption Rules

http://www.uslaw.com/library/Corporate_&_Securities_Law/Canada_Overhauls_Dealer_Adviser_RegistrationExemption_Rules.php?item=80707

Register in Canada

http://www.securities-administrators.ca/

For USA Only:

http://answers.yahoo.com/question/index?qid=20090517195043AA7IAtY&r=w#BaN_M2D0AnhGUqjJm65y

You prob want to become an RIA – Registered Investment Advisor – RIA (USA)

http://www.investopedia.com/terms/r/ria.asp

How To Register as an Investment Adviser (SEC) (USA)

http://www.sec.gov/divisions/investment/iaregulation/regia.htm

“Business Tax CPA” Need IRS Assistance With Business Tax?

Question: Why is the New York Post saying Obama taxes are killing small business?

http://www.nypost.com/p/news/business/small_biz_big_tax_Tm9zntbp2I339WyBwwOgzK

Answer: This is somewhat a source of concern, especially for small business owners. Most of us have had a struggle surviving the last 2 or 3 years and have no resources left for more expense. Our products and services have limits on what we can charge in the market. If we charge more, foreign products will take the market share so it leaves us 2 choices. The first is to start laying off people who are not key to our operation. This is hard, because as they depend on us for their paycheck, we depend on them to take excessive burdens from the more key people who will be less productive. Either way it will only prolong the eventuality of closing the doors. The second is to immediately lay everyone off, close the doors and save what few resources there are left. We, the small businesses of the US are collectively the largest employer in the country. We are responsible for 50 to 55% of the jobs in the country. If we fail, so does the economy. Once we are gone unemployment will reach staggering levels leaving the only recourse of nationalizing the economy for survival of the country. In the lefts desire to kill trickle down economics, they are replacing it with trickle up poverty. We, the small businesses are drowning, meanwhile Obama and the Congress have thrown us a cement life jacket.

Hometownstations.com-WLIO- Lima, OH News Weather SportsSenate takes up bill repealing $2B oil tax breaks

WASHINGTON (AP) – The Senate is taking up a bill Tuesday that would repeal about $2 billion a year in tax breaks for the five biggest oil companies, a Democratic response to $4-a-gallon gasoline that might fare better when Congress and the White House negotiate a deal later this year to increase the government’s ability to borrow.

Pay News Network: Taxing of Cell Phone Use, Small Business Payroll and other tax tips