Independent Contractor Sole Proprietor and LLC Taxes Explained in 100 Pages Or Less

Independent Contractor  Sole Proprietor  and LLC Taxes Explained in 100 Pages Or Less Author Mike Piper
ISBN-10 0981454267
Year 2014-07-28
Pages 100
Language en
Publisher
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Find all of the following, explained in plain-English with no legal jargon: Business Taxation 101: A brief primer on tax topics in general, especially as they apply to businesses. Home Office Deduction: How to ensure you qualify for it and how to calculate it. Estimated Tax payments: When and how to pay them, as well as an easy way to calculate each payment. Self-Employment Tax: What it is, why it exists, and how to calculate it. Business Retirement Plans: What the different types are, and which one is best for you. Numerous Business Deductions: Several deductions explained in detail, including how to make sure you can qualify to take them and how to maximize them. Audit Protection: Learn what records you need to keep (and how long to keep them) in order to protect yourself in case of an audit.

Choosing the Right Legal Form of Business

Choosing the Right Legal Form of Business Author P. K. Fontana
ISBN-10 9781601383013
Year 2010
Pages 288
Language en
Publisher Atlantic Publishing Company
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According the United States Small Business Administrationâe(tm)s most recently released date, there are more than 9 million small businesses in the United States and almost 250,000 new ones started every year. Of those new businesses, half will fail in the first 12 months and part of that failure is due to the lack of information about how to start and develop that business. Without the right legal form of business, you may end up paying too much in taxes, failing to comply with certain laws, or miss out on certain breaks that you deserve. This book provides you with a complete guide, discussing all four major forms of business, which one is right for you, and how your decision may affect you in the future. The first thing you will read about is the list of non-legal issues you need to deal with before you start the business creation process. In addition, you will learn which form of business is ideal for your particular situation with a short overview of each type, a comparison of what each offers, and how the legal implications of each might apply to you. You will learn specifically how to choose between an LLC and a corporation in instances where it might not be immediately clear which is best for you. You will also learn which special business structures are best suited to your needs if you do not fit into any of the four primary categories. The process of structuring a partnership is outlined, along with how to create a written agreement and how to change a partnership after the business has been created. You will also learn how to create a corporation, including the structure you will use, how to establish financing, the compensation you will provide yourself, whether you need a lawyer, the 13 step process of starting and filing your corporation, and what you need to do immediately afterwards. The number of members needed to create an LLC is provided as well, along with how to structure management and determine financing and compensation. Hours of careful interviews were conducted with successful small business owners and legal experts to help create a comprehensive collection of materials that will guide you through the processes above, as well as how to handle transition of ownership and the extended process of naming your business âe" including the legal implications of this process, what you need to know about trademarks and service marks, how to protect your own trademarks, and where to do name searches. The licensing and permit processes, as well as the tax structures for each business type, are included for federal, state, and local laws, while additional information is provided on how to build your home-based business as opposed to one in a physical location. If you are looking to create a new business and do not know which format is best for your needs, this book will walk you through each step of the selection process, making sure your new business meets all applicable laws and regulations.

Sole Proprietorship

Sole Proprietorship Author Daniel Sitarz
ISBN-10 1892949598
Year 2011-01
Pages 288
Language en
Publisher
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Now in an updated and revised 3rd Edition, this valuable business guidebook provides business owners nationwide with everything necessary to set up and start a sole proprietorship in any state without using an attorney. Written in simple, straightforward language, the following are included: start-up questionnaires, business plans, marketing plans, financing plans, accounting forms and all of the legal forms and instructions necessary, including registration of the company name, and many more.

Consultant Independent Contractor Agreements

Consultant   Independent Contractor Agreements Author Stephen Fishman
ISBN-10 9781413320626
Year 2014-09-15
Pages 432
Language en
Publisher Nolo
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Designed for both independent contractors and the businesses who hire them, Consultant & Independent Contractor Agreements is the most comprehensive guide you’ll find anywhere. The book shows you how to: define a project’s scope, components, and duration protect trade secrets, trademarks, patents, and copyrights satisfy IRS requirements get paid on time and in full avoid disputes The new edition is completely updated to provide the latest rules and regulations for businesses and contractors. It includes step-by-step guidance and all the forms you'll need to draw up the necessary contracts.

Working for Yourself

Working for Yourself Author Stephen Fishman
ISBN-10 9781413319828
Year 2014-02-11
Pages 378
Language en
Publisher Nolo
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Be your own boss -- easily, efficiently and successfully -- with this bestseller! Whether you're an independent contractor, freelancer or consultant, or considering self-employment, it all adds up to the same thing: You need to be more aware of laws and taxes than the average person. Fortunately, Working for Yourself provides everything you need to stay on top of it all. An independent contractor himself, attorney Stephen Fishman shows you everything you need to know to: - meet business start-up requirements - pick a business structure - set up home or outside offices - obtain permits and licenses - price your services or products - qualify for independent contractor tax treatment from the IRS - make the most of tax deductions - establish sound business relationships - put important agreements in writing - keep good records in case of an audit - get paid in full and on time This edition is completely revised to provide the up-to-date information you need, including current tax rates and legal rules for contractors. Whether you already work for yourself or are thinking about making the move, Working for Yourself will help make sure you do it right.

Taxpayer s Comprehensive Guide to LLCs and S Corps

Taxpayer s Comprehensive Guide to LLCs and S Corps Author Jason Watson
ISBN-10 9780990763291
Year 2014-09-03
Pages 136
Language en
Publisher Watson CPA Group
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How can I avoid self-employment taxes? This simple question was the inspiration for creating an article describing the benefits of an S Corporation. That original article, which was about four pages long, quickly became a series of KnowledgeBase articles on the Watson CPA Group website. The articles touched on basic topics such as how to elect S Corp status, payroll, reasonable salary determination, retirement planning, health care, fringe benefits and liability protection. Those broad topics demanded much more information, both horizontally by spanning into more related issues, and vertically by digging deeper into the granular yet riveting levels of the tax code. The articles were grouped and relabeled as the Taxpayer’s Comprehensive Guide to LLCs and S Corps which grew to 39 pages in its first edition. Time marched on, and more information was added to the first edition such as expanded retirement planning concerns, health care options after the Affordable Care Act and business valuations including exit strategies. Boom, we now had our second edition at over 100 pages. At that point it was suggested by some clients and colleagues to convert the PDF into an eBook as well as paperback. So here we are.. Each week we receive several phone calls and emails from small business owners across the country who have read our Taxpayer’s Comprehensive Guide to LLCs and S Corps and praised the wealth of information. Regardless of your current situation, whether you are considering starting your own business or entertaining a contracting gig, or you are an experienced business owner, the contents of this book are for you. This book will show you how to reduce your self-employment taxes through an S Corporation election and how to use your corporation to your retirement and fringe benefit advantage. You will also learn the operational considerations of an S Corp plus the 185 reasons you should NOT elect S Corp status. Want to buy or sell a business? That’s in here too. This book is written with the general taxpayer in mind. Too many resources simply regurgitate complex tax code without explanation. While in some cases tax code and court opinions are duplicated verbatim because of the precise words, this book strives to explain many technical concepts in layperson terms with some added humor and opinions. We believe you will find this book educational as well as amusing.

Screening the City

Screening the City Author Mark Shiel
ISBN-10 1859846904
Year 2003
Pages 312
Language en
Publisher Verso
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The city has long been an important location for filmmakers. Visually compelling and always modern, it is the perfect metaphor for man's place in the contemporary world. In this provocative collection of essays, films as diverse as The Man with the Movie Camera, Annie Hall, Street of Crocodiles, Boyz N the Hood, Three Colors Red, and Crash are examined in terms of the relationship between cinema and the changing urban experience in Europe and the United States since the early twentieth century. Peter Jelavich, for example, links the suppression of the creative, liberal Weimar Berlin in the 1931 film Berlin Alexanderplatz to the rise of the Nazi regime and the end of one of the great eras of modernist experimentation in German visual culture; Jessie Labov considers Kieslowski's treatment of the Warsaw housing blok in Dekalog in terms of Solidarity's strategy of resisting totalitarianism in 1980s Poland; Allan Siegel examines the motif of the city in a broad range of American and international cinema to demonstrate how film and society since the 1960s have been driven by the fading of mass political radicalism and the triumph of privatization and capital; Paula Massood uses the socially illuminating theories of Mikhail Bakhtin to examine the representation of the ghetto and urban underclass in recent African-American films such as Menace II Society; and Matthew Gandy examines the focus on disease in Todd Haynes's [Safe] as a metaphor for social and spatial breakdown in contemporary Los Angeles.

Ultimate LLC Compliance Guide

Ultimate LLC Compliance Guide Author Michael Spadaccini
ISBN-10 9781613080214
Year 2011-02-01
Pages 304
Language en
Publisher Entrepreneur Press
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Business owners received critical instruction on the vital operations, legal formalities and periodic filing requirements necessary to keep their LLCs in compliance and prevent legal and tax liabilities. Essential operations such as day-to-day management, record keeping, calling and conducting meetings, recording LLC actions through the drafting of minutes, accepting investment and issuing LLC stock, periodic reporting requirements and more are all covered in detail. Includes complete definitions and explanations of all concepts surrounding LLCs and the roles and responsibilities of owners and manager. More than just a book of forms, it distills complex concepts in a clear, concise writing style to help demystify the process. • Contains a complete reference section with legal requirements, filing fees, taxation requirements and maintenance requirements for all 50 states • A complete reference section compares and contrasts the legal requirements, filing fees, taxation requirements and periodic maintenance requirements for all the 50 states in a comprehensive state-by-state guide • Includes special sections for nonprofits and tax-exempt organizations • Dozens of LLC sample forms that cover the widest possible range of LLC compliance are available via download. • Entire chapter devoted to minimizing personal liability risk • Covers LLC legal formalities, internal governance, record-keeping, vital LLC mechanics and more

The Tax and Legal Playbook

The Tax and Legal Playbook Author Mark J. Kohler
ISBN-10 9781613083055
Year 2015-04-20
Pages 224
Language en
Publisher Entrepreneur Press
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The Tax and Legal Playbook: Strategies that Save You Time and Money CPA and Attorney Mark J. Kohler answers the leading tax and legal questions facing small business owners, across all stages of business, and delivers a comprehensive playbook of clear-cut truths, thought-provoking advice, and underutilized solutions to save you time, money, and heartache. You can read this book straight through or as a reference guide—reading the chapters as needed to answer the questions as they arise. You’ll come away wiser and better equipped to make the best decisions for your business, your family, and yourself. Covers: • The ins and outs behind fundamental business decisions • Underutilized tax and legal strategies that can save you thousands • Picking the right legal entity for your business • Common legal scams and deceptions to avoid • Protecting your assets and planning for retirement • Issues are illustrated with entertaining, real-world examples

Corporate and Partnership Taxation

Corporate and Partnership Taxation Author Stephen Schwarz
ISBN-10 0314184813
Year 2008
Pages 707
Language en
Publisher West Academic
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This text is designed to help law students recognize and understand the basic principles and issues of tax law covered in a law school course. Includes fundamental concepts of federal tax law, organization and capital structure of corporations, and organization and operation of partnerships. Authors discuss tax consequences of each entity and differentiate between distributions for corporations in complete liquidations and those not in complete liquidations.

The Possibilities

The Possibilities Author Kaui Hart Hemmings
ISBN-10 9781473511347
Year 2015-01-08
Pages 288
Language en
Publisher Random House
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‘Like the wonderful Anne Tyler, Hemmings writes witty, immersive, immensely readable and deeply humane fiction about entirely believable characters’ Metro Sarah St. John is reeling. Her twenty-two year old son, Cully, has been killed in an avalanche and, much as she'd like to be left alone to grieve quietly, no one will let her. Her father, a retired shopping channel addict has moved into her basement. Her best friend, a divorcee who always manages to say the wrong thing, has become something of a life-coach. And then there’s Cully’s father, whose sudden re-emergence in Sarah’s life stirs a cauldron of emotions. Just as Sarah is ready to face the world, a girl called Kit appears on her doorstep. And she’s got a secret that will change all their lives forever.

Write It Off Deduct It

Write It Off  Deduct It Author Bernard B. Kamoroff
ISBN-10 9781630760700
Year 2015-01-12
Pages 214
Language en
Publisher Rowman & Littlefield
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Are you paying more taxes than you have to? There are more than nineteen million home-based businesses in the United States—56 percent of all businesses—and they generate $102 billion in annual revenue. As far as the IRS is concerned, a home business is no different than any other business. But there is a difference: not only can you deduct the business expenses that every business is entitled to, you can turn personal, nondeductible expenses into tax-deductible business expenses—if you are careful to follow the rules. No tax software or accountant knows the details of your home-based business like you do, and the IRS is certainly not going to tell you about a deduction you failed to take. This invaluable book not only lists the individual items that are deductible in your home-based business—from utilities to that part of the home where you work—but also explains where to list them on your income tax forms.

The Small Business Start Up Kit for California

The Small Business Start Up Kit for California Author Peri Pakroo
ISBN-10 9781413322316
Year 2016-02-29
Pages 352
Language en
Publisher Nolo
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Everything you need to start a business in California, from creating a solid business plan and selecting a marketable name to business contracts, taxes, and reaching customers online.