small business

Any info about best ways to file my 1065 and add it to the taxes I already submitted (used Turbotax but printed and sent by mail to the IRS) would be super helpful. It's me and one other partner but I am the majority owner of the business. I had no idea a 1065 existed as this is my first year...

Need some advice on a business dealing I spoke to a silent partner of a company im an employee of that is worth around 10m and will do 3m in profit this year. I bring in around 40% of the gross revenue. The main owner wants to sell me at a 10m evaluation. But I spoke to one of the silent...

A month ago I posted about how I sold my 18 month old business for over 100k but the buyer stopped making payments. Update. We gave him a 30 day demand letter and he didn’t respond. We are serving him papers and he has 21 days to respond or it goes to default judgement. I found out via an...

It started when I was over at my friend’s house that he bought a few years ago. It is in one of those new fancy schmancy townhome developments that have tripled their home value in the past few years... His house came with all the best home appliances like smart wifi systems, kitchen sink that...

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Is USPS driving anyone else crazy? They are losing outbound checks from my business at an increasing pace, and it's getting really annoying. I am just curious if a) anyone else is seeing this same issue, and b) what, if anything, you are doing about it. A little background... I run a small...

Hello. If you can make it through the long read, I appreciate it. I am 31 and have been self employed in the remodeling industry since 2015. Most of that time I was physically on the tools and self performing most if not all work, specializing in Kitchen & Bath remodeling, finish carpentry such...

Today I officially hit a personal goal... $1MM in revenue . Peanuts compared to our largest competitor, but man is it a long way from where we started. Still a one man "side hustle," still dreaming of one day "quitting my day job," that I still work 8-5 every day hah! Today marks a 200% y/y...

I’ll make this as simple as I can. I received my eBay 1099-K. I use my account for personal AND business. - eBay says I made $12k. However, NONE of the items I sold for personal and for business were at a profit. NONE. Since that’s the case, I owe no taxes because I made no profit as...

hi! i am trying to start a small side hustle, however i can only afford around 1k maybe maximum 2.5k and i have no clue what i can do with such number? p.s : i am at Washingtons state.

I have a problem (high quality, admittedly), where my PPP is approved and I have the documents to sign, but my next payroll is on the 1st. (We do 1st and 15). If I receive funding before the 27th of April, 8 weeks will not include my June 15th payroll, and that will be 30k I had used to...

In 2020 I lost my job due to the pandemic, and started a small llc in a last ditch effort to keep living independently. I employed myself for 2 years with freelance graphic work and web design. Trouble is I did zero accounting or record keeping, just basically worked and paid myself and made it...

Good evening, dear entrepreneurs, I am faced with a few doubts before opening my L.L.C. Once it is established, can it sell to everyone worldwide? Does anyone know how the laws and taxes of other countries apply when they make purchases from another location? How can I pay myself as a...

D/b NGO & NPO? Can we count cooporative societies in NGO?

Hey, I am currently on a student exchange programme in the USA. I am returning to my home country in Europe in two months. However, I would like to start an e-commerce business (selling on Amazon). I was wondering if I am eligible to register a business bank account here in the US, and...

Hi everyone, I'm looking for an investor with an already established e-commerce business, a turnover of 70k in 2 months, the shop is already started with many customers, we just need more capital

I was wondering if anyone knows how to navigate starting a 501(c)3 charity? What are the things I want to consider before doing it? The goal is to start a vocational training program for CDL's in Texas that is free of charge. What parameters exist that a commoner is going to miss?

Ive worked so hard these past few years to get my business off the ground. Investing so much time and money into my passion. I got a comment from a family member saying they feel bad if they got my product else where cause we’re family and I thanked them for supporting me. Their reply was well...

I'm having a hard time remembering the elevator pitch "formula". I think it's something like I solve this problem in this way for this market? I help [x] by [y] for [z]? Anyone know what I'm talking about? I'm having a hard time searching for it because, obviously, I can't remember enough...

I couldn't decide on a fancy title for this post, so here's what I settled on. After spending over 8 months digging deep into software developer salaries, I've got some eye-opening stuff to share. Ever wondered how foreigners and online platforms take advantage of small American businesses with...