Small Business News for September 09 2017

The Benefits of Blogging – 5 Tips for Success

Click this link for more information: http://bit.ly/ZCvHgx Having a successful online MLM or network marketing business today, you need very few things. However …

Verizon Business Phone, Internet, TV and Network Services

Promotional pricing for Internet, Phone and TV services guaranteed for 12 consecutive months with No Annual Contract, or 24 consecutive months with 2 year contract, subject to continuation of qualifying products; guarantee applies to base monthly rate only; excludes optional services and equipment charges; prices subject to increase thereafter. Additional charges apply for inside wiring and/or other installation services. Business Internet & Phone Bundle: Usage charges apply on basic line. 49.99 activation fee applies with 2 year contract; $99.99 activation fee applies with no annual contract. Fios Internet & TV Bundle: $239.98 activation and $89.99 installation fees apply. HD set top box, franchise and regulatory fees, up to $6.39 Regional Sports Network fee, $3.49 Broadcast Fee, other taxes and fees apply. Fios TV HD STB Offer: HD STB offer applied via $11.99 bill credit for 12 mos. Business Preferred Offer: Offer applied via $20 bill credit for 3 mos. Fios Internet Only: $99.99 activation fee applies with 2 year contract; $149.99 activation fee applies with no annual contract. Additional charges may apply for inside wiring and/or other installation services. 59.99 activation fee applies with 2 year contract; $99.99 activation fee applies with no annual contract. Verizon Internet Security Suite Multi-Device and Verizon Cloud Bundle: Offer available to customers who purchase a new subscription of Verizon Internet Security Suite Multi-Device and Verizon Cloud bundle.
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How to Start a Small Business in a Few Hours

A neighbor had been talking about starting a business for at least six months. Keep in mind, I’m only talking about setting yourself up to do business: I’m not talking about writing a business plan, sourcing financing, developing a marketing plan, etc. Remember, your business can operate under a different name than your company name. An EIN is the federal tax number used to identify your business. Even if you don’t need an EIN, get one anyway: It’s free, takes minutes, and you can keep your Social Security number private and reduce the chance of identity theft, because if you don’t have an EIN, your SSN identifies your business for tax purposes. Use your EIN instead of your Social Security number to identify your business. If you are required to file a business personal-property tax form and you plan to work from home using computers, tools, etc. If you purchase tangible personal property during your first year in business, you will list those items when you file your business personal-property tax form the following year. One of the easiest ways to screw up your business accounting and possibly run afoul of the IRS is to commingle personal and business funds. Using a business account for all business transactions eliminates that possibility. Get a business account using your business name and EIN, and only use that account for all business-related deposits, withdrawals, and transactions. Worry about business accounting software like QuickBooks later.
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Internal Revenue Service

You must pay the tax as you earn or receive income during the year. An employee usually has income tax withheld from his or her pay. If you do not pay your tax through withholding, or do not pay enough tax that way, you might have to pay estimated tax. If you are not required to make estimated tax payments, you may pay any tax due when you file your return. Generally, you must pay taxes on income, including self-employment tax, by making regular payments of estimated tax during the year. Self-employment tax is a social security and Medicare tax primarily for individuals who work for themselves. Generally, you must pay SE tax and file Schedule SE if either of the following applies. If you work for a church or a qualified church-controlled organization that elected an exemption from social security and Medicare taxes, you are subject to SE tax if you receive $108.28 or more in wages from the church or organization. Form 2290 – There is a federal excise tax on certain trucks, truck tractors, and buses used on public highways. Form 730 – If you are in the business of accepting wagers or conducting a wagering pool or lottery, you may be liable for the federal excise tax on wagering. Use Form 730, to figure the tax on the wagers you receive. Form 11-C – Use Form 11-C, Occupational Tax and Registration Return for Wagering, to register for any wagering activity and to pay the federal occupational tax on wagering.
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