Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Filing Taxes (https://www.askmehelpdesk.com/showthread.php?t=53409)

  • Jan 9, 2007, 10:48 AM
    tsmithjazz
    Filing Taxes
    I have a business and I have been filing my personal taxes combined with my business. Is it better to file seperatly business and personal or does it make a defference?
  • Jan 15, 2007, 11:32 AM
    AtlantaTaxExpert
    If your business net income is below $100,000, then filing as a sole proprietor on your personal return is okay.

    If your income consistently gets above $100K, you should consider converting to a SubchapterS corporation.

  • All times are GMT -7. The time now is 01:26 AM.