greg b: Does my small business need to file a tax return? I am a small business owner and have been developing my company for the past year. Because I left my previous job to start this business I do not have a current income and because my company only recently officially "opened for business" we do not have a profit line. Do I need to file? What … [Read more...] about Does my small business need to file a tax return?
Taxes
What taxation should be expected on insurance for a busines fire?
edgar: What taxation should be expected on insurance for a busines fire? My mom lost her business of 20+ years to a fire this week. Now with no way to make income any time soon i'm worried about how the insurance money will last her. I'm worried that the IRS will tax it and she'll end up with nothing to live off of after being taxed and paying … [Read more...] about What taxation should be expected on insurance for a busines fire?
What about taxes when Investing in CD and Mutual funds?
dk: What about taxes when Investing in CD and Mutual funds? 1)If I decide to invest in those two, what are the tax implication? 2)How do you pay for taxes for these when they are matured? IS there a way of reporting it? 3)How? Answers and Views: Answer by esYes, you will get a year end interest statement and pay taxes as part of your regular … [Read more...] about What about taxes when Investing in CD and Mutual funds?
What is the effect of taxation on job creation and economic growth?
Keith P: What is the effect of taxation on job creation and economic growth? It is often said (particularly by politicians) that tax cuts stimulate job creation and economic growth. How economically sound is this idea? I'm looking for any peer-reviewed academic sources that either support or refute this view. Please supply references. Answers … [Read more...] about What is the effect of taxation on job creation and economic growth?
How do state and federal income taxes work?
Matthew M: How do state and federal income taxes work? I am 16, live in Michigan, and recently started working my first real job. On my most recent paycheck over half of it went to Federal Income taxes, State Income taxes, Social Security taxes, and Medicare taxes. Does this sound right? Answers and Views: Answer by P JHow many exemptions did … [Read more...] about How do state and federal income taxes work?
Are there taxes for personal web-designing and management?
Steven: Are there taxes for personal web-designing and management? A friend of mine wants to start a personal web-designing project. In this scenario, we will find local businesses and charge them for a web page and updates fees. Question is are there any taxes involved or tax regulations? Location is New Jersey, America if required. Answers … [Read more...] about Are there taxes for personal web-designing and management?
How are taxes decided if offices of a company reside in multiple states.?
alecs0: How are taxes decided if offices of a company reside in multiple states.? For example company A has offices in many states, they request services from a small company B in state zzz. How are taxes calculated on the invoice? Are they done based on company's zzz location, or on the state in which Company A has requested the service on, or … [Read more...] about How are taxes decided if offices of a company reside in multiple states.?