In today’s high tech world, intellectual property rights are a hot topic. More and more companies rely on employees to invent, develop, or design intangible assets. Employers can easily find themselves in a legal battle over who owns the rights without a release signed by the employee.
Capital gains are profits from the sale of assets. The IRS requires reporting of all capital gains and losses. Capital gains for the sale of a business can range as low as 15% or as much as 28%, depending on numerous factors.
Before the invention of automatic washing machines, dryers, and canned spray starch, having crisp, clean lace curtains and linens took a little more effort. Any good housekeeper worth her salt understood how to use starch and pin curtains so they needed no ironing.
For over 150 years, Singer has been producing sewing machines. The original design took Issac Merritt Singer less than two weeks and $40 to invent. Did Singer ever make a green sewing machine? For the eco-conscious, Singer treadle machines are making a comeback
Distilling water is a useful skill in an emergency when no clean drinking water is available. The process is simple enough, if you want to know how to make distilled water. However, practicality comes into play when considering distilling in large batches.
Hauling wood from the pile outside to your wood stove is easier with a log bag. Follow these simple directions and you can make log bags for wood stoves and fireplaces that are sturdy and versatile. You can even make a stand to hold the bag so you don’t have to unload it.
Learning how to make a compost tumbler takes less time than gathering the materials you will need. Since you can use many common items found in your garage, you could easily finish this project in just a few hours.
When it comes to business entities, the advantages to S Corporations seem to blend the best of both worlds. Read more to learn all the advantages of an S Corporation, including tax and liability for business debts.
While definitely better for the environment and not as toxic, are green household products more effective than conventional? The answer may surprise you. Discover how you can protect the environment while still maintaining your home.
Are you interested in learning how to build a simple greenhouse to extend your growing season or to protect weather sensitive potted plants? These instructions make it easy to design and build simple greenhouse plans in a single weekend, with a variety of reclaimed materials.
Are you contemplating starting your own flock of egg or meat chickens? Wondering how much room do you need for chickens? How many chickens for a family of four? Before you order chicks or pick up a few dozen hens from a hatchery, read up on what it takes to raise free range chickens.
According to the IRS, expenses are required to be “ordinary and necessary” to qualify for small business tax deductions. That begs the question, what is considered an ordinary or necessary expense? Are deductions the same for a retail store as they are for a home-based professional?
Partnerships provide the ability to pass through income to owners, without the organization paying taxes on company income. However, understanding partnership tax laws requires more than just knowing about pass through entities. Not paying taxes does not mean you don’t file taxes.
Not all business plans are the same. Each of the three basic types of business plans are intended for different purposes. Which type of plan you write depends on its use and intended audience. Learn about different types of business plans here.