Small Business Forum
 
Home


Go Back   Small Business Forum > Search Forums
Reload this Page Search Results
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read




Page 1 of 20 1 2311 > Last »
Showing results 1 to 25 of 500
Search took 0.64 seconds. Search: Posts Made By: OldJack
Forum: 02 - Small Talk for Small Business 11-03-2008, 08:20 AM
Replies: 6
Views: 1,045
Posted By OldJack
I have just come back here from not posting for a...

I have just come back here from not posting for a while and the first thing I have noticed is the spam. The new owners appear to not be giving the forum much attention. Makes you wonder if they...
Forum: 02 - Small Talk for Small Business 11-02-2008, 11:05 AM
Replies: 6
Views: 1,045
Posted By OldJack
>>You guys might want to try the .net version...

>>You guys might want to try the .net version also.<<

I was not aware of a .net version. what's with that?
Forum: 03 - Accounting & Taxes 11-02-2008, 11:03 AM
Replies: 2
Views: 974
Posted By OldJack
Hi Skate. I hang around here sometimes but spend...

Hi Skate. I hang around here sometimes but spend most of my time on the quickfinder message board (quickfinder.com). Sorry but I don't take personal messages. I don't give individual advice as a...
Forum: 03 - Accounting & Taxes 11-01-2008, 11:30 AM
Replies: 4
Views: 1,212
Posted By OldJack
Welcome Eric. There does not seem to be many on...

Welcome Eric. There does not seem to be many on the forum at this time. It might be due to the time of year (not tax time) or due to the radical actions of the new owners of the forum.
Forum: 05 - Business Operations 10-31-2008, 04:56 PM
Replies: 3
Views: 1,671
Posted By OldJack
>>If you decide incorporating is the way to go,...

>>If you decide incorporating is the way to go, create an LLC. <<

Just for the record a LLC is a limited liability "company" and is not a corporation. With a special filing of IRS form 2553 the LLC...
Forum: 05 - Business Operations 10-28-2008, 02:38 PM
Replies: 3
Views: 1,671
Posted By OldJack
Many people run a similar business in their homes...

Many people run a similar business in their homes without any city license. Where there is no "out of the house" business activity how is the city to even know about your business let along profit...
Forum: 03 - Accounting & Taxes 10-28-2008, 01:40 PM
Replies: 1
Views: 1,605
Posted By OldJack
Of course. Software if purchased separately or...

Of course.

Software if purchased separately or its cost is separately stated from any related hardware purchase. (Off-the-shelf software that is readily available for sale to the...
Forum: 03 - Accounting & Taxes 10-26-2008, 04:07 PM
Replies: 1
Views: 897
Posted By OldJack
1) Yes, a corporation must file a tax return. A...

1) Yes, a corporation must file a tax return. A corporation that has merely received a charter doesn't have to file if it furnishes a statement to IRS (might as well file zero tax return) that it...
Forum: 03 - Accounting & Taxes 10-20-2008, 01:40 PM
Replies: 3
Views: 2,079
Posted By OldJack
At your income level you need to see a qualified...

At your income level you need to see a qualified tax professional and do proper bookkeeping. The odds are you would best be a S-corp. C-corp would probably be classified as a "personal service...
Forum: 03 - Accounting & Taxes 10-20-2008, 01:26 PM
Replies: 1
Tax
Views: 896
Posted By OldJack
What type of entity is the "new company"? How is...

What type of entity is the "new company"? How is it taxed? Is it a C-corp, S-corp, Partnership, Proprietorship, single owner? What did you get for your investment, stock, % ownership, loan...
Forum: 03 - Accounting & Taxes 10-15-2008, 09:36 AM
Replies: 1
Views: 1,452
Posted By OldJack
Your investment $$ amount is not tax deductible...

Your investment $$ amount is not tax deductible unless and/or until the business fails. A 3 member LLC is by default classified as a partnership that files a federal tax form 1065. Attached to the...
Forum: 03 - Accounting & Taxes 09-24-2008, 02:35 PM
Replies: 3
Views: 1,276
Posted By OldJack
There have been a lot of court cases in the past...

There have been a lot of court cases in the past that have ruled against authors deducting travel expenses, however, read publication 463 and get tax advice from a tax pro before you...
Forum: 03 - Accounting & Taxes 09-24-2008, 01:59 PM
Replies: 1
Views: 927
Posted By OldJack
This is type business is referred to as a sole...

This is type business is referred to as a sole proprietorship and income and expense is reported on form 1040 Schedule C. See the form at http://www.irs.gov/pub/irs-pdf/f1040sc.pdf


The IRS is only...
Forum: 03 - Accounting & Taxes 09-24-2008, 01:41 PM
Replies: 2
Views: 977
Posted By OldJack
If your business is located in Colorado and you...

If your business is located in Colorado and you travel on temporary business to Michigan (or other state) most of your travel expenses would be deductible except for 50% of your meals and...
Forum: 03 - Accounting & Taxes 09-24-2008, 01:16 PM
Replies: 3
Views: 1,098
Posted By OldJack
As long as you are doing business with cafepress...

As long as you are doing business with cafepress or zazzle with the name of your business as your personal name you do not need a doing business as (DBA) registration with the state. In using your...
Forum: 04 - Business Law 09-24-2008, 12:54 PM
Replies: 5
Views: 2,647
Posted By OldJack
The LLC should be in any correspondence or...

The LLC should be in any correspondence or anywhere the name is used. If you want to just use "Bob's Sports" you simply need to file a "fictitious name" filing with your secretary of state's office.
Forum: 03 - Accounting & Taxes 09-24-2008, 10:14 AM
Replies: 2
Views: 988
Posted By OldJack
>>I never filed for the S-Corp in 06/07 since it...

>>I never filed for the S-Corp in 06/07 since it didn't make any money.<<

An S-corp is REQUIRED to file a form 1120S tax return "each year" regardless if it makes any money or even has any...
Forum: 03 - Accounting & Taxes 09-23-2008, 05:08 PM
Replies: 1
Views: 882
Posted By OldJack
How much "refund" one gets when they file their...

How much "refund" one gets when they file their 1040 income tax return is not important. What you "paid" in taxes is what counts. What you paid would be the tax calculated and shown on line 63 of...
Forum: 04 - Business Law 02-29-2008, 08:21 AM
Replies: 2
Views: 629
Posted By OldJack
Well I don't have the wording for you but most...

Well I don't have the wording for you but most lawyers could do that for you. However, it isn't really necessary to have it in the operating agreement if you just pay each member for their work and...
Forum: 03 - Accounting & Taxes 02-29-2008, 08:03 AM
Replies: 10
Views: 1,055
Posted By OldJack
>>and the little stock I have purchased but not...

>>and the little stock I have purchased but not sold yet, I also put that down correct?<<

Evan, I think he may be talking about merchandise inventory with the word "stock" rather than shares of...
Forum: 03 - Buying a Business 02-23-2008, 07:12 PM
Replies: 12
Views: 10,913
Posted By OldJack
elp, you can promote your website by putting it...

elp,
you can promote your website by putting it in your signature. but please stop plugging it in every post you make.
Forum: 02 - Web Site Management 02-20-2008, 04:29 PM
Replies: 18
Views: 1,317
Posted By OldJack
Thanks for the info cbscreative! It doesn't...

Thanks for the info cbscreative! It doesn't sound like the other useful purposes you mention are what this website would be doing to require adobe flash. It would appear that members here are in...
Forum: 03 - Accounting & Taxes 02-20-2008, 08:51 AM
Replies: 7
Views: 1,045
Posted By OldJack
Par Value or No Par Value is established at the...

Par Value or No Par Value is established at the time that you incorporate with the secy of state office. That is the only time you have a choice in your type of stock. When you calculate the...
Forum: 03 - Accounting & Taxes 02-20-2008, 07:37 AM
Replies: 7
Views: 1,045
Posted By OldJack
>>At the risk of slightly digressing, A basic...

>>At the risk of slightly digressing,
A basic and dumb Q to you all: What benefit we get
by raising par value?

Thanks onc again!<<

Par value is only a stated value mainly telling investors the...
Forum: 02 - Web Site Management 02-20-2008, 07:23 AM
Replies: 18
Views: 1,317
Posted By OldJack
Is it true that the flash player is primarily for...

Is it true that the flash player is primarily for advertisements to twinkle, dance, and annoy website users?
Showing results 1 to 25 of 500
Page 1 of 20 1 2311 > Last »

 
Forum Jump

All times are GMT -5. The time now is 02:09 AM.

Contact Us - Small Business Forum - Archive - Top

Powered by vBulletin™ Copyright © 2011 vBulletin Solutions, Inc. All rights reserved.