May 19th, 2013 hobbies by Deepak Sharma

If you are a regular tax payer probably you would be ware of the fact that tax payers treat hobbies and businesses in a different way. For starters, this article tries to explain how both of them are different from the perspective of tax payments. Let us consider two examples to understand this case better. [...]

April 8th, 2013 1099, self employment by Deepak Sharma

The government acts strictly with employers who make attempts at evading taxes by resorting to unscrupulous means.  Many employers project their permanent employees as being independent contractors in order to avoid employment tax. Hiring independent contractors is legal in certain businesses and professions, provided the conditions allowing for the same are adequately satisfied.  Dentistry also [...]

October 13th, 2012 case study by Deepak Sharma

Sanjiv Gupta CPA specializes in setting up businesses in San Jose, Santa Clara area. His office is located in Sunnyvale CA. You can call 510-825-7563 to set up a “Business Formation” appointment. Let’s talk about the incorporation from the tax and business survival point of view. First question you need to ask is who is [...]

October 8th, 2012 attorney, Business law, law suite, lawyer by Deepak Sharma

We are living in the Internet Age where one can write about product, business or service using blogs, forums and/or on reviews sites. Some people call it freedom of speech. Your comments are your individual opinion and they are protected by the constitution. However, its very easy to cross the fine line of individual opinion. [...]

September 3rd, 2012 funding, venture capital by Deepak Sharma

For a beginner, the term crowdfunding may be new. However, it is quite easy to understand. It simply means collective drawing of resources or investing the collective money drawn from various resources to some activities as investments etc. Crowdfunding implies collective drawing of money from disparate resources, usually through the internet in order to support [...]

August 27th, 2012 by Deepak Sharma

Wow never had you imagined that there will come a time when surviving that business venture with your friend has become so difficult. It has strangely put your friendship at jeopardy too. This was indeed uncalled for. While starting that business together there were high hopes running on both ends but then tightening of funds, [...]

August 5th, 2012 infographics by Deepak Sharma

Self employed individuals can also take advantage of many tax breaks.  Here are the three most popular tax breaks that can help you reduce your tax bill.  Do you have health insurance ?  You can deduct the cost of your health insurance and of your family.  Do you have an office ?  You can deduct [...]

June 22nd, 2012 business planning, small business by Ritu

Whenever we start a business we hope to make it big, earn profits and expand a lot. But doing these are not easy. While we all expect the maximum return from our businesses turning over your business requires the implementation of some essential steps. So if you, like many are trying to know and understand [...]

June 4th, 2012 by Ritu

Independent contractors are those people or businesses who provide freelance services to other companies. As they are not qualified as employees of a company, the independent contractors are not liable to enjoy any employment taxes or benefits. As employers can save a lot on employee’s taxes and other benefits with independent contractors, they classify many [...]

June 4th, 2012 by Ritu

Linkedin is one of the most successful professional networks which has already roped in over 120 million users across the globe. This social media network has become a significant marketing tool-at-hand for business organizations and entrepreneurs.  But how? As the name suggests, “Linkedin” is all about strengthening online communication. It is like a display shelf: [...]