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Posts Tagged ‘Self-Employed’
4 Easy Steps to File Your Income Tax Extension
Your 2012 income tax return is due on April 15, 2013. What if you can’t get it done on time? Here are 4 easy steps to file your income tax extension.
1) Prepare a Tax Projection
How to Explain a Roth IRA to Your 25 Year Old
Roth IRA Eligibility
To be eligible for a Roth IRA you need to have earned income. This is typically from wages earned as an employee. Earnings from self-employment also qualify. The annual contribution is the lesser of your earned income or $5,000. The contribution can be made at any time during the year and up to April 15th following the year.
How to Form an LLC and Protect Your Assets
A Sole-Proprietorship
Many self-employed people will run their business as a sole-proprietorship. They are very easy to set up and cost very little to form.
First, decide on a name. For example, John Jones D/B/A (Doing Business As) Prime Time Painters. Then register your name with Town Hall. Get some business cards, letterhead and stationary. You are now well on your way.
3 Proven Reasons a Small Business Should Consider a SEP Retirement Plan
A Simplified Employee Pension (SEP) is an employer sponsored retirement plan.
Here are 3 proven reasons to consider this plan.
4 Easy Ways to Start Your 2013 Tax Planning and Save Money
The New Year’s celebrations are over.
The New Year’s Resolutions are starting. We’ll see how long they last.
Many people feel income taxes are going up. I’m confident they are for the higher income earners.
