Tags » Sole Proprietorship

Wages Paid to Children

Recent Tax Court Summary Opinion; Fisher 2016-10

Business deductions are allowed under Internal Revenue Code (IRC) section 162(a) when they are ordinary and necessary expenses paid or incurred in carrying on a trade or business.  855 more words

Freelance Writers

Repairs by Repas: starting my own small business

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Very exciting news contained below.  Please excuse any overpowering sense of joy and excitement. 452 more words


Choosing Your Business Type

Welcome to Brick & Ivy Business Law. Our firm’s goal is to help small businesses build, grow, and succeed. A small business owner will face numerous challenges and starting a new business can be a daunting task. 234 more words

Tax Tips for Independent Contactors & Sole Proprietors

Tax Planning & What Money is Really Yours to Spend?

“In this world nothing can be said to be certain, except death and taxes.” – Benjamin Franklin… 1,276 more words

Tax Planning

Pros And Cons of DPC Sole Proprietorships

By Michael Tetreault, Editor, The DPC Journal | Please note disclaimer near end of article (see below).

JANUARY 13, 2015 – A sole proprietorship is considered the simplest form of business organization. 694 more words


Can a business owner sell a sole proprietorship?

I received a call today from a potential seller who had the following question…

Q:  Can I sell my sole proprietorship?

A: (Playbook Broker) Yes, its possible to sell your business and to complete an asset sale of your sole proprietorship.”

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Small Business Owner

Corporation vs. sole-proprietorship

When you become self-employed, you need to decide which structure you are going to use for your business. The 2 most common types in Canada are sole proprietorship and corporation. 317 more words