The business tag has no wiki summary.
1
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2answers
135 views
Are there taxes for exchanging goods in a barter transaction?
For example, if I trade someone 10 apples for 10 strawberries, do I or my trading partner need to pay taxes? Do I need to pay taxes if I do business without using officially issued currencies?
If ...
0
votes
3answers
61 views
What is a term for a company bank account that has been set up for non-business related expenses?
I'm looking for a financial term that describes a bank account that's been set up by a company for non-business related expenses; travel, hotels, food, etc. Sort of like petty cash, but it could be ...
3
votes
1answer
54 views
How do online referal systems work?
There are sites on the internet which promise to pay money for just referring traffic.
How trustworthy these are and what are their sources of income?
Are these sites worthwhile to consider for ...
3
votes
1answer
763 views
Tax implications of corporate housing
If my company provides corporate housing for me, am I required to claim the rent amount as income for my personal earnings? And is that taxable income?
I'm trying to figure out how I can leverage ...
1
vote
1answer
56 views
Business check MICR strings: why is the check number on the left?
I have always seen the MICR string at the bottom of a personal check have the routing number, then account number, then check number. Why do business checks often have the check number on the left?
5
votes
4answers
364 views
Where do large corporations store their massive amounts of cash?
Apparently Apple has more cash on its books than combined market values of Hewlett-Packard, Dell, Nokia, Yahoo, Sprint Nextel and Research In Motion.
Where do companies like Google and Apple keep ...
1
vote
3answers
3k views
How can I deposit a check made out to my business into my personal account?
When I invoiced this company, my invoice specifically said to make it payable to me personally, not my business (since I don't have a business account besides PayPal). Unfortunately, they made it out ...
7
votes
1answer
95 views
How do I keep an S-Corporation open when it has no revenues
I have an S-Corporation using which I used to do consulting work a few years back. Now, the revenues from that corporation has come down to zero. I hate to close it down in case I want to consult ...
1
vote
1answer
75 views
Calculating the cost of waiting longer for money
I'm trying to calculate the cost of waiting 30 extra days to receive money from a customer. Here's the situation:
How much would this cost a company per year if a customer pays us in 60 days vs. ...
0
votes
6answers
886 views
What are the options for a 19-year-old college student who only has about $1000?
I was basically wondering what options at the moment a poor student like me would have, if he wants to do his best to accumulate money?
I only have about ~$1000 in my savings account, and am a ...
4
votes
3answers
210 views
Why does the stock market consistently overreact to the business cycle?
It's been shown time and time again (e.g. in Stocks for the Long Run) that the most profitable time to buy stocks is when sentiment is poor and that stocks usually recover very quickly at the end of a ...
5
votes
1answer
150 views
UK - Closed Company, Bank has frozen the remaining funds
I recently closed my small business and left a few hundred £s in the business account with Barclays. After receiving notification that the company has been officially struck off, I contacted Barclays ...
2
votes
3answers
251 views
Foreign currency conversion for international visitors to ecommerce web site?
It is really not personal finance question but I haven't found a more appropriate place for it. My question is about currency conversion. Let's imagine I have two prices for one item:
Russian shop: ...
9
votes
5answers
356 views
Should I start my own company so I can claim against tax?
I live in the UK and I'm an employed web and mobile phone developer and very occasionally do some work on the side. I've been recently advised by a family member that I should look at starting my own ...
2
votes
2answers
74 views
Company Payment Card
What are the risks of having having a company payment card? Is there any reason to have a card if I can float my expenses until they're reimbursed?
4
votes
1answer
785 views
Contractors: Guideline on what percentage to keep when hiring a SUB-contractor?
My business may be growing past the point beyond which I can no longer handle the jobs alone (yay me!)... If mine is an hourly job, with little to no overhead, and I bring someone on to work the jobs ...
26
votes
4answers
4k views
It is legal for a retailer/store or other business to refuse $50 & $100 bills or other legal tender, e.g. pennies?
I'm trying to find out about businesses refusing $50 & $100 bills. Aren't they required by law to accept all legal tender? I had one person say it could be that it's not all legal (i.e. a ...
5
votes
1answer
81 views
How much money/time should be re-invested in your own business, as a contractor?
As a contractor, you realize how valuable your time is - but undoubtedly, an investment back into skills update training or in marketing your business is worth the time you would otherwise spend ...
