Articles
Deducting Start-Up Expenses: An Open Or Shut Case
Deducting Start-Up Expenses Starting a business typically takes more than a little know-how. More often than not, it requires cold, hard cash. However, there is some good news — you may qualify for a little help from Uncle Sam in the form of a tax deduction for some of your start- up costs. The costs,…
Read MorePutting Kids to the Test
Putting Kids to the Test by Elizabeth Bowden-David This past week, my father-in-law called up my husband to give him an earnest admonition. Referring to Cicero, he said: “Understand that is it your duty to give your children a better education than you had.” I’m not sure what prompted him to remind us of this…
Read MoreSurvive the Recession by Starting Your Own Business
Survive the Recession by Starting Your Own Business Are you an entrepreneur at heart? Many Americans idolize the American Dream; the “get rich quick” mentality. But, how many make it happen? Starting a business requires hard work, and even then it is not guaranteed that it will succeed. In fact, in the US, only 51%…
Read MoreEconomic Tip: Re-energize Your Business Mission and Vision Statements
Economic Tip: Re-energize Your Business Mission and Vision Statements By: Don Midgett Survival! Many businesses are looking for answers to deal successfully in the current economic climate. All the planning, capital, marketing and organizational decisions seem outside the realm of what was “business as normal.” Do not panic. Resist the urge for a complete overhaul.…
Read MoreInternet Home Based Business – Is it For You?
Internet Home Based Business – Is it For You? Author: Ron Seawood Source: articlebase.com 4/29/10 Today their are literally thousands of internet home-based business opportunities fighting for the attention of prospects looking to start their own home business. There are also millions of people who start internet home businesses but only 3% are actually successful.…
Read MoreDissolving California Entities That Have Ceased Doing Business – The Ralite Lamp Corporation Case
Dissolving California Entities That Have Ceased Doing Business – The Ralite Lamp Corporation Case Entities have one year from the date their final return is filed to formally dissolve LLC California with the Secretary of State. The FTB no longer assesses the $800 minimum franchise tax, or the $800 annual tax, for the year after…
Read MoreHow to Ride Out a Recession
How to Ride Out a Recession By Clare Flynn The natural instincts of most businesses, is to pull in their horns when a recession looms. Just as we consumers are now abandoning the high street and reveling in frugality, so many businesses lean towards cutting costs and hunkering down. This is a big mistake. Great…
Read MoreHow to Report 1099 Income
How to Report 1099 Income With the increase in bloggers, affiliate marketers, eBay sellers and other online business owners, the topic of reporting miscellaneous income and 1099 forms has been coming up a lot lately. While most people are aware they must report wages, salaries, interest, dividends, tips and commissions as income on their tax…
Read MoreGot An Earn-Out?
Got An Earn-Out? In Mergers & Acquisitions, Earn-Outs Can Be Beneficial — But Also Come With Risk By Kathryn K. Meier, Esq. Hoge, Fenton, Jones & Appel, Inc. What is an earn-out? An earn-out is an arrangement that requires the buyer of a business to pay the seller additional consideration if the business performs as…
Read MoreBusinesses May Increase Employee Compensation in Lieu of Reimbursing for Work-Related Expenses
Businesses May Increase Employee Compensation in Lieu of Reimbursing for Work-Related Expenses By Kathryn K. Meier, Esq. Hoge, Fenton, Jones & Appel, Inc. The California Supreme Court recently tested the boundaries of Labor Code section 2802, ruling that employers may increase employee compensation by a fixed amount instead of reimbursing employees for work-related expenses. California…
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