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FAQ

How do small businesses pay their taxes?
The answer to this question depends on how your small business is set up. Let’s consider the two most common structures: sole proprietorship/single member LLC and partnership/multi-member LLCIf your business is a sole proprietorship or a single member LLC, you’re income and losses pass through the business and are reporting on Schedule C of your personal tax return. You will be responsible for paying the self-employment tax and income tax on your profits. Most businesses set aside roughly 30% of income to cover these amounts and make estimated tax payments quarterly.If your business is partnership or a multi-member LLC, the income and losses are still passed through, but must be reported according to the percentage shares of ownership. You allocate the income and losses among partners by filing a form K-1 and then using that information to fill in the Schedule C on your personal tax return. Again, you may need to pay estimated taxes throughout the year.An experienced tax lawyer can help you determine the best structure for your business and map out your tax reporting obligations, while helping you preserve liability and minimize the amounts owed to the IRS and the state. LawTrades can connect you with one of the knowledgable attorneys in our network for a free 20 minute consultation to discuss how they can assist you.
What is the sum of following: 2+2²+2³+…+2¹²=?
Let:[math]S = 2 + 2^2 + 2^3 + \ldots + 2^{12}[/math].Multiplying by 2 you get:[math]2S = 2^2 + 2^3 + \ldots + 2^{13}[/math]This is very similar to our previous expression. In multiplying by [math]2[/math] we have removed the first term, [math]2[/math], and added another, [math]2^{13}[/math]. So:[math]2S = S - 2 + 2^{13}[/math]So we immediately get:[math]S = 2^{13} - 2 = 2(2^{12} - 1) = 2(4096 - 1) = 2 \cdot 4095 = \boxed{8190}[/math]
How do you know if you need to fill out a 1099 form?
Assuming that you are talking about 1099-MISC.  Note that there are other 1099s.check this post - Form 1099 MISC Rules & RegulationsQuick answer - A Form 1099 MISC must be filed for each person to whom payment is made of:$600 or more for services performed for a trade or business by people not treated as employees,Rent or prizes and awards that are not for service ($600 or more) and royalties ($10 or more),any fishing boat proceeds,gross proceeds of $600, or more paid to an attorney during the year, orWithheld any federal income tax under the backup withholding rules regardless of the amount of the payment, etc.
The amount of content on the Internet for CSE (computer science) is overwhelming. How does one choose wisely and learn?
This is what i do before learning any course online:Always do this: Decide whether you want to learn from scratch(detailed version) or just want to go abstract.For example lets say you want to learn algorithms and data structures:Decide What you want:1). I don’t want proofs on whether algorithm is correct, how time complexity is derived, i just want to know how it works and its application.2).I want all proofs of algos, along with time complexity and space complexity, how it works, its application, everything.For Option 1: All these websites EDX, Coursera, Udacity, Udemy will proption 1. Perfecty suitable for those who want to go abstract.For Option2: Any University/College lectures like MIT, Stanford, IITS, Udacity(Some Courses),etc etc are perfectly suitable for option 2. They are very much detailed, perfectly delivered and are made for the students who want to learn subject from scratch.Now in case you won’t understand something while taking course from MOOCS or Universities, then explore youtube videos for that topic. If that still not clear your concepts then go for websearch(I always prefer Videos over websearched documents, because i dont like to read whole document).Hope it helps.Edit 1: I just recently found this really awesome list for Option 2, its worth checking.prakhar1989/awesome-courses
How do I fill out a address line 1?
The recipients name/company:Name (John, Smith)Adresss (1000 County Way, Unit 200)ZIP, City, State, Country (90254, Neverland, CA, USAIn Europe the addressing scheme is slightly different:AustriaHerr Franz HuberBeethovenstrasse 121010 WIENAUSTRIABelgiumMr Willy JanssensLange Stationsstraat 3523000 LEUVENBELGIUMM. Emile DuboisRue du Diamant 2154800 VERVIERSBELGIUMDenmarkMr Thor NielsenTietgensgade 1378800 VIBORGDENMARKMr Torben RaldorfPO Box 100COPENHAGEN1004 VIBORGDENMARKFinlandMr Asko TeirilaPO Box 51139140 AKDENMAAFINLANDFranceM. Robert MARINRue de l’EgliseDunes82340 AUVILLARFRANCEMme Marie PAGE23 Rue de Grenell75700 PARIS CEDEXFRANCEWhen addressing mail to France, write the addressee’s surname in CAPITAL letters.GermanyMrs F MeierWeberstr. 253113 BONN 1GERMANYMr P KundeLange Str. 1204103 LEIPZIGGERMANYGermany has strict rules about receiving mail, which, if ignored, may result in your mail being returned to you with no attempt at delivery. When addressing mail to Germany, always:‡ Use the new five-digit postcode (using an old four-digit postcode will cause delay)‡ Put the postcode before the town name‡ Put the house number after the street nameGreeceMr George LatsisAlkamenou 37117 80 ATHENSGREECEIcelandMr Jon JonssonEinimel 80107 REYKJAVIKICELANDIrelandFrom 15 July 2021. a new seven digit postcode system has been developed for Ireland and should be used in all addresses, other than those for PO Boxes.All mail for Ireland should now be addressed as illustrated below:Eason80 Abbey Street MiddleDUBLIN 1DO1 P8N3IRELANDThe introduction of the new codes will not in any way affect the existing address structure. The postcode will occupy a new line at the bottom of addresses for domestic mail and the penultimate line for international mail.ItalySig. Giovanni Mascivia Garibaldi 2747037 RIMINI RNITALYLuxembourgM. Jaques Muller71 route de Longway4750 PETANGELUXEMBOURGMonacoAs FranceThe NetherlandsMr J van DietenMorsstr 1112312 BK LEIDENTHE NETHERLANDS(There should be a double space between the postcode and the post town)NorwayHerr Hans HansenSvingen 229230 BEKKEHAUGNORWAYPortugalSenhor Carlos Manuel PereiraAv das A’Augsa LivresMonte Trigo7220 PORTELPORTUGALRosalina SilvaR Conde Redondo 801192 LISBOA CODEXPORTUGALSpainSra Ana JimenezMimbreras 403201 ELCHE (Alicante)SPAIN(The province should be included in brackets after the town)SwedenFru Inger LiljaVasavagen 3 4tr582 20 LINKOPINGSWEDENSwitzerlandM. Andre PerretSchanzenstrasse 73030 BERNESWITZERLAND
How can I create an auto-fill JavaScript file to fill out a Google form which has dynamic IDs that change every session?
Is it possible to assign IDs on the radio buttons as soon as the page loads?