Sentences with phrase «such as sole proprietors»

Not exact matches

A SEP IRA is also good for sole proprietors, partnerships, incorporated and unincorporated small businesses including Sub S corporations, and individuals with self employment income even if they are covered by their employers retirement plan such as a 401k, 403b or 457 plan are eligible for a SEP IRA.

With online applications such as Twitter and Facebook many worry that we are not only falling into a nasty pattern of narcissism, but some businesses and sole - proprietor businesses will abuse their networks of family, friends, and acquaintances to make a buck.

For example, if you're a sole proprietor with no one else directly involved in your business's ongoing operations — such as lenders or employees — key man coverage would be unnecessary.

Otherwise, a sole proprietor selling assets, such as client lists, will have the entire proceeds taxed.

Note: If you had any other type of income from Indiana, such as farm income, rental income, sole proprietor income, etc., you can't file Form IT - 40RNR - you'll have to file the Form IT - 40PNR.

Your self - employment business has to meet some criteria (such as being profitable) and the plan needs to be provided through your own business (although if you're sole proprietor filing on Schedule C, it looks like having it in your own name does the trick).

Had she been contracted directly by Deloitte (or its former company) directly as a sole proprietor, such CRA regulations would not apply and that is why previously, there were no such deductions.

You can do things with your business that are often more difficult for sole proprietors, such as raising funding, finding advisors, and partnering with other companies.

«Unlike the «mom & pop» small business types of 50 years ago, many sole proprietors or small start - ups need access to very sophisticated legal advice on matters such as intellectual property and international commercial transactions.»

For example, if you're a sole proprietor with no one else directly involved in your business's ongoing operations — such as lenders or employees — key man coverage would be unnecessary.

Because the new tax bill greatly decreases the tax rate for corporations (from the prior law's 35 % to just 21 %), many Members of Congress believed that the business income earned by sole proprietors, such as independent contractors, as well as by pass - through businesses, such as partnerships, limited liability companies (LLCs), and S corporations, should also receive tax rate reductions.

In the event of the death of a licensed broker, who is the sole proprietor of a real estate business, the board shall, upon application by his legal representative, issue, without examination, a temporary license to such legal representative, or to an individual designated by him and approved by the board, upon the filing of a bond as aforesaid and the payment of the prescribed fee, which shall authorize such temporary licensee to continue to transact said business for a period not to exceed one year from the date of death subject to all other provisions of sections eighty - seven PP to eighty - seven DDD applicable to a licensed broker except that such temporary license shall not be renewed.

B. Individuals who are actively engaged in the real estate profession other than as sole proprietors, partners, corporate officers, or branch office managers, in order to qualify for REALTOR ® Membership, shall at the time of application, be associated either as an employee or as an independent contractor with a Designated REALTOR ® Member of the Association or a Designated REALTOR ® Member of another Association (if a Secondary Member) and maintain a current, valid Florida real estate broker's or salesperson's license or be licensed, registered, or certified by an appropriate state regulatory agency to engage in the appraisal of real property, shall complete, within sixty (60) days of making application, a course of instruction covering the Bylaws and Rules and Regulations of the Association, the Bylaws of the State Association, and the Constitution and Bylaws and Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS ®, shall pass such reasonable and nondiscriminatory written examination thereon as may be required by the Board of Directors, and shall agree in writing or by electronic agreement that if elected to membership they will abide by the Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS ®, and by the Constitution, Bylaws, and Rules and Regulations of the local Board, State Association, and the National Association.