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If your serious about your home business taxes, a certified public accountant might be your answer to taxes and legalities. A certified public accountant (aka CPA) in your local area could advise you on the steps needed to be taken when starting business in your home. A CPA has dealings with businesses
on a daily basis. They are schooled on corporations and the types
of taxes pertaining to the type of corporation formed. If you talk
to a CPA in your local area, they would also have knowledge of county
and state tax requirements and licenses for a business in your home. In my dealings with CPAs, most are
willing to help you with basic information if they believe you could be a
potential client. If your going to pay taxes, and your are not an
accountant already, talking with several CPAs could be to your
advantage. Here's my thinking, while
talking to a CPA, you could discover several things about him or her as
you work your specific questions about your home business and taxes into your
conversation. You can check out if there is a business match-up or
commonality between the two of you. Don't know how to choose a CPA?
How about talking to local business persons in your area. Ask them
who they use for their taxes and why. Some will have stories to
tell to help you decide which potential CPAs you can add to your list. If your local business person gives
you a name of a CPA to talk to, referencing the business name and person
that referred you to the CPA can help "break the ice" prior to
discussing your potential relationship with the CPA. Be sure to
pass on any compliments that were shared from the referring business. A few words of advice, CPAs can be
really busy from October through April doing what they do best - taxes.
Pressing them to help you or to advise you during this time might not be
a good idea, that is unless you are already paying them for their
services. One possible way to get the
information you need is to ask them to accept an interview over lunch or
dinner. Inexpensive advice for your home business is the way I would look at it! ~ ~ ~ ~ ~
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Home Business
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