Friday, February 12, 2010
Tip #5 City Business Tax & Renewals Due
Tip #5 City Taxes
Are you operating a home business, sole proprietorship, corporation, et al.? Have you filed all the correct paperwork?
The yearly City Business License Renewals and City Tax are due for the City of Los Angeles and Culver City March 1st. Check your local area if you live or engage in business outside Los Angeles County.
Is your home business or independent contractor work registered?
How do you know if you may be subject to the Business Tax?
LAMC Section 21.00(i) states, “If you are conducting, operating, managing or carrying on of a business within the City you would be considered as ‘engaging in business’ and subject to business tax. You must register, and file your taxes annually with the Office of Finance. Individuals, Independent Contractors and home-based businesses are also subject to this provision.”
Depending on where you live and operate your business, you may be subject to business tax in other cities within Los Angeles County as well. Other cities have their own business offices, such as Santa Monica (310) 458-8745, Beverly Hills (310) 285-2424, and Culver City (310) 253-5870 require a separate business license to conduct business within their city. You are required to pay their City Business Tax as well.
You can go online to learn more and register for the City of Los Angeles at: http://www.ci.la.ca.us/finance/
The City of LA Office of Finance shares data with the State Franchise Tax Board and penalties and late fees can be pretty pricey so make sure you are in compliance.
*Note this is a general discussion of several tax & license issues which need to be considered according to your specific situation. There are other issues to consider and Tip #5 does not purport to address all issues.
For other ways to get in the know & receive support in transforming your business and money habits contact:
Tye Kirk
Know your Numbers, Live Rich!
310-922-4419
info@TheGreenBookkeeper.com
www.TheGreenBookkeeper.com
My Philosophy for business and the world
This quote matches with what i am doing in the world. Instead of fighting against the system, lets build it in-line with our dreams, hearts, talents and gifts. We have so much talent within just waiting to be harnessed and expressed. Its possible i see it happening all around me everyday. Let's Go!
Sunday, January 31, 2010
Tip #4 Rate Plans Lowered for AT&T / Verizon
Tip #4 Rate Plans Lowered from $99 to $69 for AT&T & iPhone Users
Attention: AT&T, Verizon & iPhone Users
I want to notify you about the new rate changes for AT&T (and Verizon). If you are with AT&T this could save you A LOT of money.
The changes for AT&T went into effect on Monday, January 18, 2010. I know for the unlimited rate plan the price dropped from $99 to $69.
Be aware, they will only lower your rate if you call them.
Call their customer service to see if you qualify and have them lower their rates. For other ways to save money & receive support in transforming your business and money habits contact:
Tye Kirk
Know your Numbers, Live Rich!
310-922-4419
Info@TheGreenBookkeeper.com
www.TheGreenBookkeeper.com
Wednesday, January 27, 2010
Expansion Quote
I find this quote to be so true. I found the quote in my Harbrace College Grammar Handbook as i was doing my daily grammar practice, which sometimes i think is not helping, but i will prevail.
I have noticed that as I clear out what is inessential in my life, my energy, motivation, clarity and creativity has expanded.
I clear out old energy thru completing old projects, goals, task, and commitments on which i had been dragging my feet. I focus my attention on the work that is most important and get it done and off my mind. I do the scariest or most dreaded tasks of the day first. I put daily time and energy into the things that i love and bring me joy- this is such a gift to my soul! I remind myself that to get better at something takes practice and persistence- (read Mastery: The keys to success and long-term fulfillment by Aikido Master George Leonard) And if i love it,it is worth doing and doing well.
Love+Peace
Tip #3 Issue 1099s & W-2s by January 31st
The Green Bookkeeper Tip #3 January 2010:
Tip#3 January- Deadline for issuing 1099s & W-2s is 01/31/10
Attention: Business Owners
The deadline for issuing 1099s & W-2s is January 31st
Quickbooks has a feature that enables you to print 1099s for all your independent contractors. I can work with you remotely, if need be, to set up this up.
Begin now to make sure you have included everyone in your list of professional consultants and independent contractors, so you will properly report everyone and ensure you receive the maximum deductions you have coming to you. If you haven’t done it already have your independent contractors fill out a W-9 Form, you will need this info to send them a 1099.
For more tips refer to my website at: www.thegreenbookkeeper.com
Love and prosperity in the New Year,
Tye Kirk