If you don't currently have an LLC for the business performing IT services, you could create a DBA (Doing Business As) and offer those IT services under the first business you mentioned. One business can have many DBA's which is good for promoting services as if it is it's own business. By using ...
Use company card for any mileage that you are driving for business purposes. It'll make tracking and end-of-year reporting much simpler. You may not, however, use the mileage you drive to and from your office (the IRS labels that as commute mileage) as a tax-deductible business expense.
There's a lot to consider. For a lead generation deal to be fair to both parties though, a fee for *qualified* leads needs to be in place whether the lead converts or not. Notice there's a big distinction between "qualified" and "quality." If someone sends you 50 *qualified* leads and you only c...
Great question! I had a similar one this week after finding out the last person I used didn't submit my 2021 taxes. I would do a quick google search for experts in your area, or ask any friends if they know someone they trust. You can also try turbo tax, but they won't be able to help you write o...
I would do another test run to confirm that it wasn't a one-time lucky streak that you hit. These numbers are definitely relevant to investors as they want to know the conversion rates. You should calculate your Customer Acquisition costs as this number will be important to investors. However, lo...
You can consider the following points while selecting the ready-made software: Is it fully customizable? Is it pre-integrated advanced APIs? Is it user-friendly and scalable? Reviews and the number of platforms powered by the software Is it scalable & secure? Is it Confidential? Is it Feature Ri...
NIcole is right. When I first started my business I thought I was saving money by doing my own bookkeeping. It took me much longer than it would take a bookkeeper - all time that I was not spending on marketing or billable activities. And in the end I made errors which made the initial work of ...
In theory they could own the business as long as the profit of that business were used to further the non-profit work of the school. The bigger question would be whether the school actually owns the business or whether you as a separate non-profit were operating within the facilities of the sc...
To much to write here, but I'll try to name few: - NAME - easy to remember, good domain, suggestive accordingly with your intentions. - UI/UX - to be attractive and same time simple but functional, adaptive and responsive to user's needs. - CLARITY - in this way the users to understood in few cli...
Hi! Generally speaking, your situation depends on if you are the only member of the LLC. If yes, then you are in business for yourself and therefore, no, you do not pay yourself wages as an "employee". You report income as a self employed person or as an independent contractor for federal and sel...