I want to have a vehicle paid for (yes a 6000lb gvw) and perks paid to me instead of the biz proceeds because they will be spent on operating costs like trips to trade shows etc. I have a PC repair biz.
2007-01-01 07:07:03 · 3 answers · asked by tallskinnybrunnettesrsxy 2 in Business & Finance ➔ Taxes ➔ United States
You can set up a corporate entity, where the taxes flow directly to the owner, meaning you file your taxes the regular way just advise the accountant or person doing your taxes of your business and it's earnings. This way not much change far as your taxes are concern but you still have the liabilty protection of a corporation.
2007-01-01 07:15:48 · answer #1 · answered by Chris P 3 · 0⤊ 0⤋
I know I am not answering your exact question, but I would seriously consider incorporation. Primarily, incorporation will offer you some protection from a lawsuit against your company should there be an unfortunate, unforeseen event. Sole proprietorship exposes you to personal liability. As an S Corp., things are easier from a formality point of view. Good luck in your business
2007-01-01 07:18:23 · answer #2 · answered by David 3 · 0⤊ 0⤋
i admire sparkling white corn the final. while it somewhat is available in early spring summer season it somewhat is the final vegetable. basically cook dinner it a sprint and butter and consume. Or for something a sprint different i like to decrease the corn of the cob and saute it with peppers and onions. Thats mind-blowing besides. i admire carrots yet dont consume them that in the process lots of cases as they annoying for me to swallow. never been an incredible fan of cauliflower.
2016-10-19 07:58:38 · answer #3 · answered by ? 4 · 0⤊ 0⤋