Accounting Questions

I purchase products and resell them, adding services that relate to computers and technology. For example, I might purchase a laptop, install custom software and settings according to my customer's...

Tax Accounting Shipping

asked Sep 29 '11 at 11:40

J Yelton
113 points

Lets pretend I'm starting an on line company which sells email accounts; I have some (probably laughable) questions because I'm new to this: Do I have to register as a business with Companies...

Incorporation UK Company Accounting

asked Sep 10 '11 at 23:45

Jwbensley
113 points

My marketplace app has been live for about 2 months now. Sellers list products with me, I handle the transactions, and then charge a 15% commission. If I pulled in, say, $500 last month on...

Accounting

asked Aug 29 '11 at 23:24

W. Matthew Wilson
104 points

My business partner and I are currently looking for an accountant for our growing business. At the moment we have met with two different accountants. One was a CPA and one was an Enrollment Agent....

Tax Accounting Accountants

asked Sep 2 '11 at 00:25

Edgar Miranda
230 points

We are currently structuring our book accounts and really do not have any idea when should we put employees salary under cost or expense. Some said that we should put it under cost but some others...

Accounting

asked Aug 3 '11 at 21:10

Jpartogi
1,342 points

I have recently started a startup. I am totally bootstrapping the startup, and so costs are being kept to a minimum. There is no way the company can afford to pay me my normal (or even...

Getting Started Bootstrapped Business Accounting Bookkeeping

asked Aug 9 '11 at 15:45

Voidstar
55 points

I run a small website. I sold $100 of ad space to a local business. They asked me to send them a 1099 so they can set me up in their accounting department. I'm not sure how this works or why I need...

Legal Tax Accounting

asked Jul 21 '11 at 05:06

Website Needs 1099
8 points

I'm starting up a lawn mowing service, and I want to know if there is any free software, where I can track sales, customers, expenses ect. It doesn't need to be feature-crazy as my business will...

Software Management Accounting

asked Jul 4 '11 at 07:05

Ratz
118 points

There are many money issues that neither add to my code base nor user base. For example: payroll taxes and excise taxes W2 W3 W4 I9 941 940 1120 + all the equivalent state forms all of those...

Getting Started Finance Tax Accounting

asked Jun 13 '11 at 14:32

Evan
133 points

I am estimating the total amount I need to spend to get things started the right way, but I can't figure out how much I should allocate for accounting and legal services. My startup will be...

Legal Costs Accounting

asked Jun 12 '11 at 19:09

Mario Caropreso
36 points

Sometimes when I order a product, the VAT calculation comes out slightly different when I enter the data into my accounting package. Typically the difference is 1p but sometimes it is more. This...

Accounting VAT

asked Jun 4 '11 at 02:36

Tim Long
108 points

I am looking for an accounting solution. I have an online store where I currently use PayPal, Shopify, and of course my own bank. I have not been able to find a good accounting solution yet. I am...

Business Accounting Online

asked May 6 '11 at 03:07

Hank
1 point

I am in a single person LLC, so I am allowed to file my taxes on my personal return and I don't have to cut myself paychecks. I would prefer to take all of the money out at the end of the year....

Solo Entrepreneur LLC Accounting Payroll

asked Apr 28 '11 at 08:38

Skaz
254 points

As a site owner, I often get emails from random people about doing blog posts, asking for promotions, etc. This amounts to a tiny income stream, often at random timing and rate. The transactions...

Revenue Accounting

asked May 1 '11 at 07:09

Genadinik
1,821 points

We're forming a 2 person LLC and part of what we're trying to figure out is how much to leave in the LLC to build up some capital reserves. Since an LLC is a pass through tax entity if the LLC...

LLC Legal Tax Accounting

asked Apr 23 '11 at 10:57

Todd H
196 points

What is the difference between a C corp and an S corp? I'm seeking clarity to a comment to this question which says the type of corp changes from S to C if equity is vested in a company and not a...

Corporate Structure Accounting Setup

asked Apr 23 '11 at 17:12

Nissan Dookeran
177 points

I currently run a Canadian Corporation, but I'm finding taxes (both accounting fees and bookkeeping) a real pain and expense. I would like to keep the corporation and basically find out how to...

Tax Canada Accounting Sole Proprietorship Corporation

asked Apr 14 '11 at 14:37

Geek Gal
16 points

I'm in the process of starting up a new company, while ramping up an existing one. Are there any generally accepted ways to manage / document the splitting up of office rent, equipment, etc? In the...

Accounting Expenses

asked Apr 6 '11 at 03:39

Ev Conrad
561 points

I am in the process of starting a business. The nature of the business is Photography (weddings, etc.). What would be a good accounting software solution (preferably cloud-based or SaaS)?

LLC Finance Saas Accounting Photography

asked Mar 18 '11 at 05:38

Brian David Berman
140 points

S-Corp. I am currently the only shareholder. Doing taxes for my first year. How do I properly account for money I've put into the business both in my accounting system, and for tax purposes? Is it...

Tax Investment Accounting

asked Mar 8 '11 at 13:09

Jefflunt
113 points