Sole Proprietor Online Business Owners: How did you decide what business to start, or what product to sell?

Thursday, June 25th, 2009

Terry B asked: I have such widely varied interests, am having a hard time narrowing myself down to one product! I’m wondering if you had difficulty deciding on which business to start, and if so, how did you overcome that hurdle? Ideally, at this point in my career I’d like to start focusing on something [...]

Is Turbo Tax Home and Business worth the extra money for me?

Thursday, October 16th, 2008

EricO asked: I have my own business (sole proprietor). It generates less than $10k per year and has no employees. I utilize deductions for home office, vehicle expenses and general office product expenses but that is about it. Is it worth buying the Turbo Tax Home Business or can I get away with buying the [...]

Can I claim expenses on my taxes on a home business that is not a licensed business?

Wednesday, February 13th, 2008

Linda asked: I started a home based photography business this year but I have not filed any paperwork, such as DBA, LLC or sole proprietor. Can I still claim income and expenses on my taxes?Job