Small Business - Chron.com
Running a small business? Learn how to operate and grow a business with information from accounting and bookkeeping to how to obtain small business financing, get ideas for …
A List of Deductible Business Expenses for Schedule C - Chron.com
A List of Deductible Business Expenses for Schedule C. To keep your small business profitable, take every available business deduction. You will claim these on Schedule C, provided by the …
List of Tasks for Running a Small Business - Chron.com
List of Tasks for Running a Small Business. Take a look at an average punch-list for small businesses and you'll see a combination of income-producing and non-income producing …
What Can Be Deducted in an S-Corp? - Small Business - Chron.com
However, there are restrictions and procedures to follow in forming an S corporation. According to the IRS, in order to become an S-corp, the corporation must submit Form 2553 (Election by a …
How to Reduce Taxable Income With a Side Business - Chron.com
Like the IRA, investments grow tax-deferred and contributions are tax deductible. Depending on whether you have incorporated your business, you can contribute to the plan and claim a …
Can a Corporation Stay Inactive or Does It Have to Be Dissolved?
A corporation is a business entity that allows a business owner to shift liability away from his personal assets. Although a corporation can have a single owner, it exists as a wholly separate ...
List and Explain the Characteristics of a Small Scale Business
Not every small business eventually grows to the size of large corporation. Some businesses are ideally suited to operate on a small scale for years, often serving a local community and …
A List of Different Types of Small Businesses - Chron.com
Types of small businesses can include sole proprietorships, partnerships and incorporated companies. There are also independent contractors and virtual businesses.
Tasks & Responsibilities of a Small Business Owner - Chron.com
First, a small business owner must be the principal strategist and planner. To understand the new business, as well as the necessary resources and strategies, it makes sense to start with a ...
When Does a Small Business Need to Start Filing Taxes? - Chron.com
Carefully research the tax requirements and related due dates for your place of business, including your state, county and town. It may take time to obtain the necessary tax …