want to start a sole proprietorship business not using my Social Security Number – What do I have to do?
I want to start a sole proprietorship business not using my Social Security Number – What do I have to do? I want to do business using a w-9
Also – how do taxes work in this situation? Do I pay taxes strictly based on income? Is there a tax benefit to register a business under my social compared to a w-9, or vise versa? What if there is little to no income if working under a w-9, how do taxes work?
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How does a business i started pay ourselves back for start up costs?
A freind and i invested approx. $10,000 (little less) to start a business. Now the company is turning a profit. How do we pay ourselves back? Do we just write ourselves checks? How do we categorize it in the books? Do we have to pay taxes on it?
Thanks we are just trying to figure all this out.
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I started a business six months ago , although I only started getting paid the past two months. I need to know if there is software that lets me input the figures for my business and it works out how much I need to pay in taxes….I dont have an accountant right now hopefully down the road I will be able to afford one. I bought TurboTax Home and Business, but it asks for 2006 figures. My business started operating 2007….Help!
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