Questions tagged [small-business]
Questions specific to small businesses, generally under 100 employees and revenues less than $1,000,000.
490
questions
0
votes
0
answers
35
views
How are certain Indian small businesses dealing with taxes?
When I am attempting to register a domain from a domain reseller, I don't see any tax component getting added by the reseller. However, Godaddy or HostGator adds 18% GST on top of the actual price of ...
- 261
2
votes
1
answer
124
views
Can I have a small wage if I establish a non-profit organization/company in Greece?
In the future I plan to make a non-profit organization, so I can hire software engineers in order to contribute and develop libre software projects. The organization will either be in Greece or Cyprus....
10
votes
5
answers
3k
views
Is there any way to form an anonymous General Partnership?
Update: When I say anonymous, I don't necessarily mean from the IRS (although that would be ideal). I mean anonymous from the general public. I don't want anyone to be able to look up my real name and ...
3
votes
2
answers
384
views
How do I form an LLC anonymously?
I just read this article and want a second opinion: https://www.legalzoom.com/articles/starting-up-which-state-to-file-your-llc-in
I'm considering starting an LLC because I earn about $400 a month ...
42
votes
5
answers
14k
views
Every month I make money from Patreon. I want to split my income with a partner. How do I avoid paying taxes on 100% of the income?
Let me start off by saying I have no idea what I'm doing here. The context is, I am making a game, and every month I make $400 or so from Patreon (people are my patrons, and they are paying me because ...
0
votes
2
answers
203
views
How to finance and structure an easy knockoffable business idea of a dummy poor 19 yo?
I am a poor 19yo, found one probably original business idea of products that will help (not entertain) people. However I am absolutely not savvy in technical business knowledge, so please answer my ...
- 1
22
votes
12
answers
7k
views
Pay off Loan With Savings or Keep Emergency Fund
A year and a half ago I took out a Career Development Loan(£7000, 9.9% interest). Which is currently around £4900 now. I have been saving for no particular reason, and I now have over £5000 in savings ...
- 332
3
votes
2
answers
340
views
Do I have to declare an income below my Personal Allowance?
I'm in the UK and planning to start a side business. The income from my current job doesn't exceed my tax-free Personal Allowance of £12,500 a year, nor do I currently expect the income from this ...
- 153
1
vote
2
answers
213
views
Would companies pay me for some service by sending a bank transfer to me as a person?
Let's say I set up a website and contact some companies, and one of them hires my service to perform some kind of work for them.
Now that they are happy with my work, they are to pay me. Do they ...
- 11
-2
votes
1
answer
340
views
Is it possible to make my home and household a business?
I know it's possible to run a business from home. What I mean is rather to create a business whose sole purpose is to maintain a family & associated household, that would have expenses such as ...
- 115
4
votes
5
answers
2k
views
How to separate interest paid on a credit card between personal and business expenses?
My wife has a home business selling clothes. She purchases all her inventory with a credit card but she also uses the card for personal expenses.
I understand that on the IRS Schedule C, we can write ...
- 173
1
vote
1
answer
59
views
How to contact SBA regarding COVID19 loans?
I called SBA today on 415 744 6820 regarding a delicate PPP loan situation I am having.
Over phone they delegated me to NorcalSBDC.org website (note the lack of .gov). And then they further delegated ...
- 709
0
votes
1
answer
77
views
Ideal country for limited liability company (Ltd.) [closed]
Looking for and ideal country for an Ltd. with the following conditions:
English is an official language
It's creation and maintenance is at low cost
You don't have to be resident of the country
You ...
- 111
-1
votes
1
answer
52
views
Personal income tax and new company
For someone living in the US who owes personal federal income tax. Is it possible to open a new company in such a way to protect the company/financials from personal taxes owed?
- 209
0
votes
1
answer
71
views
Should I file two Schedule C when I hire employees?
According to the IRS, sole proprietor must apply for EIN the moment he hires first employee and must use this EIN for tax purposes.
How Schedule C(s) should be filed if first employee is hired on June ...
- 709