A new video on the Small Business section of the IRS Video Portal looks at how good recordkeeping can reduce stress at tax time. It is never too early to start thinking about your tax return.
Can you sell a sole proprietorship or have more than one owner
Because there are so many sole proprietor businesses, two questions come up over and over: Can you sell a sole proprietor business? and Can a sole proprietor have more than one owner? Can you sell a sole proprietorship? Pirate Bob, Sole Proprietor Yes. You are not selling stock like you would in a corporation, and […]
So, You Are Being Audited?
First rule: Don’t panic. You have probably done nothing wrong. In the past 5 or so years, my clients have received about a dozen of those lovely letters from the IRS. There has been no change for any of them. The IRS conducts many of what they call “letter audits.” These are merely requests for […]
Are unpaid internships legal
A big discussion at ChrisBrogan.com about unpaid internships spilled over into the question of whether unpaid internships are legal in the US. I used to work in the field of workforce development (back in the dark ages), so I wasn’t afraid to head to DOL to check. Here’s what my research says:Unpaid internships would not […]
