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/biz/ - Business & Finance

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>> No.14538119 [View]
File: 294 KB, 350x516, 420 blaez it.png [View same] [iqdb] [saucenao] [google]
14538119

>>14537948
oof ouch owie

only course of action rn is clearly to take out a 100K loan to pay off the 75 K and buy some more

>> No.917078 [View]
File: 294 KB, 350x516, 1423782924377.png [View same] [iqdb] [saucenao] [google]
917078

I'm a sole proprietorship. I started business in late 2014. I filed an extension so taxes are due this month.

Can I file myself using something like TaxAct? Or do I need to contract a CPA for a couple hours?

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>> No.897965 [View]
File: 294 KB, 350x516, 1423782924377.png [View same] [iqdb] [saucenao] [google]
897965

Small business noob getting ready for taxes.

What do I need to report? A lot of my income was in checks that I deposited into my checking account. I'm guessing I need to report that, right? But how much do I need to report as income? Other than checks it's cash or venmo, I don't need to report any of those, right? Help me figure it out so I know what I can expect. I ask because I didn't realize good ol uncle sam would want a chunk of what I was making when I first started, I don't have money saved to pay that.

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