Ready to start a business? General business startup steps described and time estimates included. It depends on your specific business, esp. location.
Good business practices keep a business profitable, avoid audits and legal costs, and been seen as legitimate for taxes and regulations.
Business contracts and agreements should be put in writing. Putting contracts and agreements in writing is smart business practice.
Steps in starting a partnership, including types of partnerships, applying for state registration, getting a partnership agreement.
Business or hobby? Businesses can take losses on tax returns, but hobby activities cannot deduct expenses for losses. How to make sure the IRS sees your business as a business and not a hobby.
How an LLC owner is paid, taking a draw from business profits. How LLC owners pay self-employment taxes.
Where to get help with business start-up. Starting a business means getting information and advice from others. Here are some sources of help.
Buying and using a boat or airplane for business purposes - qualifying for depreciation and business expense deductions for entertainment facilities.
The inactive business - answers to questions. What is an inactive business? Must an inactive business pay taxes? What notifications are required?
Teens can start their own micro businesses, making money and having fun doing it. Carol Topp, CPA, answers questions about teen micro businesses.