Question by ms nyla♥♥♥: I have some friends that have a Franchise business that are looking to sell it.?
They own a Buffalo wings and rings and I can not list it in the MLS because there is no actual Real Estate. Any Realtors have any suggestions on how I can help them out!
Give your answer to this question below!

Question by hollyrae92: If I take business courses, can I deduct them on my income taxes as business expenses?
I’m having trouble handling the business end of my business, because I have no business management and not very much computer knowledge to do spread sheets, etc. I’m thinking of taking business courses thru email from Tulane U. How can I get help to pay for my courses and can I deduct this cost on my…

Question by leadfoot: A question about taxes.I own my own business; so do I pay taxes on the profit generated by that business …?
along with paying more taxes on money I made.In other words does my business pay taxes on gross profit and then I am taxed on money I took out of the business as pay which is my income.It seems like I am paying taxes twice on the same money.
Best answer:…

Question by Theodore J., Adensam: Where can I review what taxes or benefits or tax savings – what is legally deductable for a home business?
I have an option to add value by setting up a home business with my family. My brother and his wife own the house, purdhased land and are clearing and setting up a Horse farm on 15-acres. My brother is retired from the US Navy and receives his retirement income…

Question by Life is what you make it: Is opening a franchise worth than starting a business?
I’ve been working to own a business for some time. I have considered opening a franchise with either McDonalds or a pizza company like Papa Johns. I havent decided… but maybe I should just open my own business? I have a lot of experience in the restaurant industry, as well as some management experience…

Question by onetwistedbutterfly: can someone explain how business taxes work?
what do they deduct? what do they actually tax? plz give me any helpful info thanks
Best answer:
Answer by Wood Smoke
http://www.irs.gov/businesses/small/index.html
This will give you everything you need. The IRS website even has resources to help you do your recordkeeping and your taxes and your social security and medicare deductions.
If you have a business, it would be wise to seek out a good…

Question by Jenna: If the franchisor does not renew the franchise agreement, do I still have all rights to my business?
I legally own 100% of my business but it is under franchise name.
If the franchiser chooses not to renew . . . It is still my business, I just need to change the name, right?
Best answer:
Answer by Smells like New Screen Names
It depends on the contract and the type of business.…

Question by Andrea B: Do I have to file my business and personal taxes together?
We have our small business and regular employment. Is it necessary to file both business and personal taxes together.
Best answer:
Answer by v b
Unless the business is a C corporation, yes.
Know better? Leave your own answer in the comments!

Question by n842m: How do I know what to pay for my business taxes?
I have a sole proprietorship. I just started it. Indiana (IN) requires I report monthly. When I charge the regular/typical 7% for sales or service (home computer repair,) is that how much I pay? For example, I charge $ 40.00. The tax is $ 2.80. Do I remit that exact $ 2.80 over to the Indiana Department of Revenue? If not,…

Question by bcupari: How do I use 401k money to start a business without any taxes or penalties.?
I’m starting a new business. I have already invested K of my own post tax money but I need to buy a new vehicle that will be predominantly used for business. I would like to take K out of 401k without taxes or penalties. How can I do this. I would rather just get the money rather…