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Articles from Sheryl Schuff | Selfgrowth.com
- The Best Way To Stay Out Of Trouble With The IRS - by Submitted on Apr 28, 2008 from Sheryl SchuffThe best way to stay out of trouble with the IRS is to make sure that you pay yourself the right way. To do this, you have to understand which of their rules apply to your particular business. Payroll is an area where your business structure determines exactly how you should get paid. Please ...
Views: 1135 - Ouch! There's A Lot More Than Income Taxes - by Submitted on Apr 27, 2008 from Sheryl SchuffWhen most small business owners think about taxes, they think about Federal income taxes. But there are several other taxes that you need to know about. Self-employment tax If you've ever worked for someone else, you know that social security and Medicare taxes get deducted from your ...
Views: 1161 - Cash In Minus Cash Out Does Not Equal Profit - by Submitted on Apr 26, 2008 from Sheryl SchuffYou'll pay too much in taxes if you don't understand that cash in minus cash out does NOT equal profit. This is the most important thing you need to know before you start keeping records for your business...cash in minus cash out does not equal profit. It simply equals cash left over. Or, in ...
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