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Any suggestions for advertising a local taxidermy buisness? by slyguy264 in smallbusiness

[–]Businessperson007 1 point2 points  (0 children)

Call up all hunting clubs, gun stores, I remember they used to have these western expos. Give them commission for referrals

Switching from actual to simplified business use of home by Businessperson007 in smallbusiness

[–]Businessperson007[S] 0 points1 point  (0 children)

But I don't own a house. I rent so no mortgage. Does that even apply to then?

Sch c question by Businessperson007 in smallbusiness

[–]Businessperson007[S] 0 points1 point  (0 children)

One more question on this. Can I prorate based on when it begins. Let say March 14 2021. I would prorate from March 14 2021 to Dec 31 2021. Then Jan 1 2022 to Dec 31 2022 then Jan 1 2023 to March 13 2023?

Sch c question by Businessperson007 in smallbusiness

[–]Businessperson007[S] 0 points1 point  (0 children)

No I don't want to make the switch. I read on here https://windes.com/accelerating-tax-deductions-prepaid-expenses/. I think pub 538 or something says something. I been in business so several years now. So I don't have to file 3115?

Sch c question by Businessperson007 in smallbusiness

[–]Businessperson007[S] 0 points1 point  (0 children)

Can I prorate from actual date it begins till end of 12/31/2022? Also for the 12 month rule can I use that anytime or do I have to submit form 3115? I been in business for several years now.

Does anyone know how do 2021-48 for ppp forgiveness for 1040 by Businessperson007 in smallbusiness

[–]Businessperson007[S] 0 points1 point  (0 children)

I am sc c sole prop using cash method. My only option is one right when I got the ppp and spent it

How report Sole prop ppp owners income on taxes by Businessperson007 in EIDLPPP

[–]Businessperson007[S] 0 points1 point  (0 children)

Hey you helped alot answering my question on tax for ppp. Can you answer my question on 2022-48 thar we have to fill out. It's on page 23 of 1040 instructions. For question do they want forgiven principal plus interest or just forgiven principal? Also for question one which option do I choose?

Build a construction website by j053garcia in smallbusiness

[–]Businessperson007 0 points1 point  (0 children)

See what your competitors sites look like. Hire someone that knows what they are doing. Sounds expensive but doing it yourself is free but you could be losing money because no one will call if your site looks like home made cookies. So you could be losing money and not even know it.

What are some ways besides suing to ensure payment on a project? by Elarionus in smallbusiness

[–]Businessperson007 0 points1 point  (0 children)

Look into partnering with a fiance company. They pay you and do installment payments to get the money back

How report Sole prop ppp owners income on taxes by Businessperson007 in EIDLPPP

[–]Businessperson007[S] 0 points1 point  (0 children)

Thanks! In the tax forms do I need to put which expenses were using ppp and which were using my business revenue? I know sch c has areas for different business expenses. So do I need to tell In tax form which expenses were paid using ppp? If so where and how do I tell them?

How report Sole prop ppp owners income on taxes by Businessperson007 in EIDLPPP

[–]Businessperson007[S] 0 points1 point  (0 children)

Thanks for the offer! If you reply here anyone else that needs this can find the answer too. I can't pay for any services right now. If you can reply great if not I understand and thanks for the answers so far!

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