I have worked for the 501C business for 10 yrs total, 3 in this specific business area. They no longer wish to carry this branch of their association. When they close, I will be fired. Can I start up my own for profit business, with the same business description?
By: izzy
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Filed under United States by on Dec 25th, 2009. 2 Comments. 
I am a small business owner and have been developing my company for the past year. Because I left my previous job to start this business I do not have a current income and because my company only recently officially “opened for business” we do not have a profit line. Do I need to file? What about the business expenses that I incur?
By: greg b
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Read more on Does my small business need to file a tax return?…
Filed under United States by on Dec 25th, 2009. 4 Comments.
I am opening an online business for website design. (set up as a LLC, I’m the sole owner) Should I start keeping receipts of all business related expenses? Or would my business qualify as a hobby if I don’t make a certain amount of money in the year that I’m filing.
Read more on Opening a business and wondering what types of expenses I can write off?…
Filed under United States by on Dec 19th, 2009. 3 Comments.