Liquidation is the process of gathering the assets of a business to settle the corporate debts. Once this process is completed, the business is then dissolved. One should not rush into this; it is important to take advice about whether this is the best route for your business. If it...
If you are the sole owner of a business or operate as an independent contractor, you will need to file a Schedule C to report income or loss from your business activities. If you have $400 or more of business income over and above your expenses, you need to file...
If you are the sole owner of a business or operate as an independent contractor, you will need to file a Schedule C to report income or loss from your business activities. The IRS does provide a simplified version of Schedule C, known as Schedule C-EZ that can be used...
The multiple steps involved in starting up a business can be overwhelming, especially for the first-time entrepreneur. This checklist digest is intended to give an outline of the process of starting a business. Prospective entrepreneurs are encouraged to seek out as much information as possible, and to employ a certified...
On Dec. 17, 1996, the Treasury Department issued the eagerly awaited final "check-the-box" regulations. In general, the regulations were effective beginning on Jan. 1, 1997. The regulations significantly simplify the tax rules for determ On Dec. 17, 1996, the Treasury Department issued the...
Small-business people can never just choose the form for their business and say, "That's that." It's not just that our businesses change over time. The tax laws and other regulations that influence the way we operate also are in constant flux. The vast majority of small businesses start as sole...
Byline: SHAWN A. TURNER Tia Ramlow's mood darkened when she saw what arrived in the mail one day in April 2006. It was a letter from the Internal Revenue Service. Agents there wanted to speak with her regarding the return her employment...
WASHINGTON -- In 2006, more than 20.7 million U.S. businesses without a payroll had a total revenue of more than $970 billion, the U.S. Census Bureau announced today. These results are published in Nonemployer Statistics: 2006, an annual report on businesses without paid employees classified in nearly 300...
DeWITT - If you've ever received a business invitation with the instructions to RSVP and not done so, you've committed an etiquette faux pas. That's according to Miesje (pronounced MEE-sha) Havens, the owner of The Refined School of Protocol and Etiquette. The school is a sole proprietorship she...
Neither candidate for president is an economics whiz kid. That's unfortunate, since the economy ranks as the top worry among the American people, according to recent polls. The country could use some authoritative, reliable economic leadership from the next Oval Office occupant....
In 1858, Philip Simpson Ross, a young immigrant to Canada, changed the direction of his career. Although he was operating a successful ship's chandlery on Montreal's shores, he expanded his business to offer accounting and customs services. A few years later he left his mercantile career to focus...
Most entrepreneurs dream of creating big businesses, and this is often synonymous with incorporating. While the corporation is one of the most common and versatile business structures, there are times when you may want to avoid or delay incorporation to improve after-tax profits. [ILLUSTRATION OMITTED] A...
GEDDES - Mallory Brown has been a member of Robinson Memorial Presbyterian Church all her life of 22 years. It's also become the place where she's started her own business. Brown operates Creative Care Solutions CCS, a sole proprietorship occupying a 200-square-foot office inside the church at 126 S....
Small business legal tool kit. (CD-ROM included) Nottonson, Ira N. and Theresa A. Pickner. Entrepreneur Press 2007 350 pages $29.95 Paperback KF1659 This legal guide for the small business owner, written by attorneys Nottonson...
Tax planning for business. (CD-ROM included) Rod. W. Stern and Carol A. Brittain. Entrepreneur Press 2008 352 pages $32.95 Paperback Legal guide KF6450 In this book/CD-ROM package, Stern, an attorney specializing in...
I suppose as a new contributor to American Fastener Journal, a little introduction is in order. My name is Bill Chart and I am a litigation associate with the law firm of Erwin and Associates in Chicago, Illinois. In addition to being an attorney, I have over twenty years...
The issues involved in determining how much settlement authority is needed by the mediating parties. Imagine being the mediator who convenes a mediation with the objective of settling a dispute between Party A and Party B only to learn when the participants gather that no one...
According to Al-Ahram newspaper (April 12, 2008), Mr. Mustapha Abu Al-Enein, Chairman of the Egyptian Trade Registry Department, announced that 27,200 sole proprietorship enterprises were established in Egypt through the first quarter of 2008 compared with 21,035 enterprises in the same month last year,...
According to Addustour newspaper (April 5, 2008), Mr. Sabr Al-Rawashdeh, Jordan's Companies Controller, said that the total number of the registered sole proprietorship companies in the Kingdom increased by 172% in the first quarter of 2008 compared with the corresponding period of last year....
With AT&T Tech Support 360, you'll have certified, U.S. based technicians on call 24/7 to help keep your computers, connections, software and peripherals up to speed for just 82¢ a day.
