Tips for Filing Taxes on Your Side Business Income At Molen & Associates we’ve specialized in business income tax preparation for people who have it as both their primary and secondary incomes for over 35 years. Here I’ll explain three uncommon tips I give my...
Tax Planning Important for Online Sellers New business owners often wonder what is required of them when starting a business, because it’s critical to make the best decisions early on. In the state of Texas, a sole proprietor can start a business without filing entity...
Ways to run a business Small business owners have very limited resources. Because of this, they have to make smart decisions about their time and money. Some of the best ways to save on both will likely surprise you. Below we have highlighted three tips to make your...
LLC vs S Corp: Navigating Business Tax Implications Many people start a business and are confused about what an LLC or an S-Corp is. They also don’t understand why they would be electing to be an LLC or an S-Corp. As it concerns a business and its taxes, understanding...
Understanding Key Business Ratios For business owners, it is important to be able to examine the financial structure and health of their business. Although there does not need to be any negative concerns with a business to prompt an owner to want to take a deeper look...