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https://ttlc.intuit.com/community/business-taxes/discussion/if-i-transfer-sell-equipment-that-i-personally-own-to-my-llc-do-i-have-to-claim-the-fmv-as-personal/00/520286
My LLC was organized in 2015 based on a hobby. I have several pieces of equipment that I would like to transfer into the LLC's ownership. I would like to be able to claim the FMV of this equipment as a either a startup expense or depreciate it's value over time. If I do this will the IRS be looking for that same equipment FMV to be represented under barter …
https://www.nolo.com/legal-encyclopedia/business-services-charge-how-much-30158.html
Calculate Your Hourly Rate. Business schools teach a standard formula for determining an hourly rate: Add up your labor and overhead costs, add the profit you want to earn, then divide the total by your hours worked. This is the minimum you must charge to pay your expenses, pay yourself a salary, and earn a profit.
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We turned our HOUSE into a MCDONALDS drive thru!! We love McDonald's so much so we decided to turn our house into a McDonald's restaurant. Maddy wanted to be...
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If you rent a booth or room to someone and that person sets their own hours, provides their own tools and supplies, sets their own prices, and sees their clients, then you can consider that person an independent contractor; If you choose the sole-proprietor route and you own a calculator then chances are you can get by doing your own taxes.
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