by Mark | Jun 10, 2019 | Business
If you have ever looked into the various bookkeeping options for your reselling business, you have likely heard about QuickBooks. That’s because it’s the top rated small-business accounting software and is widely used by millions. QuickBooks is made by Intuit, the...
by Mark | May 27, 2019 | Business, Tax
Here’s how it usually goes. You start selling a few things around the house through an online platform such as Amazon, eBay, Poshmark, etc. Then just for fun, you post a few more items that you picked up from your local thrift store. The stuff actually starts selling,...
by Mark | May 17, 2019 | Tax
In your search for the best state you form your LLC, you may have heard statements like this: “You should form your LLC in Nevada…” “Wyoming is the best place to form an LLC!” “Deleware is where all companies should be formed.” I hear it often....
by Mark | May 3, 2019 | Tax
Ever wonder how to reimburse yourself from your business? Depending on your business entity type, you may or may not have to worry about it. Reimbursement with Sole Proprietorships With sole proprietorships, there’s no need for any type of formal reimbursement....
by Mark | Apr 19, 2019 | Tax
Depending on your level of income (among other factors), an S corporation can be a fantastic vehicle to save money with tax savings. First let’s define what an S corp is (and isn’t). An S corp is not an entity. It’s a tax election. It is an LLC, a partnership,...
