Question by Daniel T: I’m looking to start my own cleaning services to locals in my town..would I have to file for business taxes? ?
Its not a very big town, but at what point if my business started to grow would start filing for business taxes if I had too? Or do I have to file right away?

Thanks

Best answer:

Answer by kate carpenter
Starting a cleaning business, whether residential or commercial, is an inexpensive, fast business to secure your future. And you are wise to research everything before you get started! Starting before…

Question by lilkac_lilkac: what are the costs of opening and operating a business? including franchise fees, real estate, equipment etc?
do franchises need to have a minimum net worth? do you need to pay annual royalties to the franchisor? what does the franchisor/seller provide to assist in starting the business?(marketing, managing,purchasing etc?) what is required of the franchise? how much control does the franchisor have over the business?

Best answer:

Answer by icycrissy27blue
my dad and our family looked at this MOngolian restaurant and how much would be required to open one and it came to…

Question by Luis: How hard is it to do your own business taxes and accounting?
Is it easier now with the different softwares for it or is an accountant still a must-have?

Also, when starting up, can an accountant be omitted from the calculations to cut costs and just be added in later when the business makes enough to make it affordable?

Best answer:

Answer by irs-1
depends on how busy you are and if you feel comfortable with the rules of engagement

Add your own answer in the comments!

Question by Matthew D: Do taxes REALLY directly affect the cost of doing business?
If businesses need tax cuts to grow doesn’t that mean they’re already near peak efficiency? That is they aren’t attracting new money as much as they are focusing saving money they already have(lowering overhead) or wanting to pay less in taxes.
Businesses do not grow based on their own profit margins directly. They grow from investment or from credit. Broad and consistent profit margins are used in pursuit of both.
So knowing that it is not profit but the…

Question by john due: what is the best franchise business for medium scale business?
i want to run medium scale business in jakarta, indonesia, and think that franchise business is more prospective rather than develope from scratch.

Best answer:

Answer by Hans
i think food & beverage business would be good, because it is a basic need of human. remember : pick franchise that already has systems.

What do you think? Answer below!

Question by Emily: I have a question about small business taxes regarding profits?
I have an LLC in California.

If I pay taxes on the first years profit, and what’s left of my profits rolls over to the next year do I have to pay taxes on them the next year also? Or is it just for the one year?

Question by charly: i own an electrical co. sole proprietor,how can i sell my business without the new owner assuming my taxes?
remember is a sole proprietor,my business taxes are on my name ,but if i could sell my business without the new owner taking or been responsable for my taxes would be perfect.I must leave the country and that is my only choice.My business is fully licensed operating in the bay area

Best answer:

Answer by Edward G
What you describe sounds illegal to me. Do you think it is?

Give your answer to this question below!

Question by urfussc: Any commercial cleaning franchise owners had trouble from IRS using Independent Contractors in their business?
I recently invested in a commerial cleaning franchise business, and I want to use cleaners as Independent Contractors, rather than employees, not sure what kind of issues I might encounter with IRS. Any suggestions?

Best answer:

Answer by skyy
Seems the IRS wants everybody’s money. As soon as possible get a copy of the CONSTITUTION and us it along with this article so that you have a weapon to fight back with. We have been under- educated regarding…

Question by gws35: If leftists want us to be like Norway&Sweden, why don’t they cut business taxes and tax personal income more?
Progressive countries like Germany, Norway, and Sweden have very low business taxes, and they have the highest personal income taxes in the world.

This creates the business-friendly environment that makes the economy flourish, then the people are happy to pay the high income taxes because their pay is higher and they get social programs that benefit everybody, such as universal health care.

Why do liberals want only the goodies, but not nurture the business sector so we can…

Question by Ohio_Voter: Did Obama’s 30-min infomercial explain how RAISING corporate and business taxes will create jobs?
Did it show how RAISING corporate and business taxes during a sluggish economy will actually help companies hire more people?
To poster “Carpe Diem”: Obama says he wants a 00 business tax break for every new employee. A mere 00 tax break? Are you kidding me? Doesn’t it cost a company K -K on average to employ someone?

Best answer:

Answer by FOA
nope
made me want to throw up

Know better? Leave your own answer in the comments!