Tags » Sole Proprietorship

You, Me, and the LLC - How to Determine the Best Fit for Your Business Pursuits

By Cathleen Ward, Esq.

I have found that asking a client or potential client who is starting a business of their own for the first time what type of entity they would like formed is like asking a not-so-frequent visitor to Starbucks what kind of coffee they want; certain words sound nice, others sound familiar, and more often than not you end up getting what your friend is having. 573 more words

Business Transactional And Finance Law

Staring down the barrel at filing my first annual business taxes...

The time has come and I am finally addressing my responsibility for owning this business that I have declared into existence last year; on the governments books that is. 161 more words


Start Small

I will like to point out that quite a number of large organizations thriving in the market place today, started out small before they evolve into multinational conglomerate. 105 more words

Does a Sole Proprietorship Need an EIN?

Does a Sole Proprietorship Need an EIN?

If your company is a Sole Proprietorship, by law you don’t have to file for an EIN# unless unless you answer YES to any of the following criteria listed below. 446 more words


Sole Proprietors: Hire Your Spouse and Deduct Your Healthcare Expenses on Schedule C

Reduce Income Tax and Self-Employment Tax with a Health Reimbursement Arrangement (HRA)

A health reimbursement arrangement (HRA) is solely funded by an employer for the benefit of its employees.  507 more words

Freelance Writers

No Office-in-Home for Motor Home

Dunford, Tax Court Memo, 2013-189

A married couple lived in Illinois.  For 2005 and 2006, the tax years at issue, they filed a joint tax return with a Schedule C consulting business.  683 more words

Writers And Taxes

Can a woman over 40 earn a decent living in the present economy?

Are you contemplating starting your own business or finding more ways to earn a living without needing or having any money to start with? Do you long for a chance to earn a decent living on your terms your way without regards to age, education, or status? 601 more words