When Do I Start My Tax Year?
You must figure your taxable income on the basis of a tax year. A “tax year” is an annual accounting period for keeping records and...
Business or Hobby? Answer Has Implications for Deductions
The Internal Revenue Service reminds taxpayers to follow appropriate guidelines when determining whether an activity is a business or a...
5 Steps to Launching a Business in Virginia
1) Choose Structure A business becomes a 'legal entity' meaning that it can own property, can hold bank accounts, and pays taxes almost...
10 Steps to Starting a Business
Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps...
Is Entrepreneurship For You?
Starting your own business can be an exciting and rewarding experience. It can offer numerous advantages such as being your own boss,...
