Business resources Sep 7, 2009
"Where do I go to register a sole proprietorship?". Sole proprietorships are not state-regulated, so there is no requirement to do business as a sole proprietor other than obtaining a business license from the county/city in which the business is being conducted ... Sole proprietors are required to register with the state only if they choose to incorporate their business or establish a limited liability company or a limited partnership. (The Augusta Chronicle)
Microsoft found guilty of patent infringement, ordered to halt sales Sep 3, 2009
Geoff Feldman, a sole proprietor and software problem solver at Seabase Consulting in Boston, likened i4i to a patent troll trying to hold up a firm with deep pockets. He said Microsoft will either win its case or settle. (Daily Orange, NY)
Yolanda's closes its doors in Waltham Sep 2, 2009
Yolanda Cellucci, the store's founder and sole proprietor for over 40 years, said business is booming and closing her shop has nothing to do with the struggling economy. "I'll be 75 years old this year," Cellucci said Saturday, "and I'd like to be able to devote more time to my family, my three grandchildren, and some personal pursuits.". (Watertown TAB & Press, MA)
Cincinnati developer has long faced legal issues Aug 22, 2009
In Warren County, where Daniels began his career as a sole proprietor in 1986, he and his various operating entities were named as defendants in 27 separate lawsuits from 1993 to 2001. This article is for Paid Subscribers ONLY.. (Cincinnati Business Courier, OH)
Kenwood Towne Place developer has long faced legal issues Aug 21, 2009
In Warren County, where Daniels began his career as a sole proprietor in 1986, he and his various operating entities were named as defendants in 27 separate lawsuits from 1993 to 2001. Litigation was less prevalent but continued in Hamilton County, where Daniels established Bear Creek in 1999. (Cincinnati Business Courier, OH)
The Lance brand Aug 21, 2009
Add it all together cancer hero, all-time cycling champion, glamour-puss, mega-babe-dater and brand Armstrong continues to thrive despite the many, and often public, flaws of its sole proprietor. Consider just one example. (San Jose Business Journal, CA)
Jack Fleeman, 86, owner of landmark drugstore Aug 19, 2009
He served in the U.S. Navy and, shortly after World War II, started work in a pharmacy called Cox m. He became its sole proprietor in the 1960s. In March 1995, the historic drugstore which had gone through several name changes before Fleeman s filled its last prescription. (Atlanta Journal-Constitution -- Metro)
Open for Business Aug 16, 2009
She s currently a sole proprietor but hopes to grow the business to add teaching staff. Chop wood: Tough times continue for Montana s forest products industry, according to a quarterly report compiled by the Bureau of Business and Economic Research at the University of Montana. (Helena Independent Record)
Pro's death leaves Gates golf in limbo Aug 14, 2009
He operated as a sole proprietor and apparently lacked a will naming an executor of his estate. Waterloo City Councilman Harold Getty said he believes Holton's staff has been keeping the operation running well while the city waits for the courts to name an executor. (Waterloo Courier, IO)
Bankruptcy sector one of few bright spots for area law firms Aug 7, 2009
Maria Salas, sole proprietor of , files between 30 and 40 cases per month, but says she could be filing triple that number if she chose to expand her firm. Everyone in consumer bankruptcy has seen an increase, she says. (Nashville Business Journal, TN)
School board honors Bach Aug 7, 2009
She has worked as a tax preparer with H & R Block, and was a sole proprietor of her own small business. She has some college background in Business Administration and Management. (Park Hills Daily Journal, MO)
Steel, concrete companies win fab contracts Aug 7, 2009
Audi is the sole proprietor of Christina Steel, which she runs from her home in Guilderland Center. The company employs between 10 and 15 full-time union workers. (Albany Business Review, NY)
Business People Aug 2, 2009
Ganon was most recently CEO and sole proprietor of BG Associates. Before that, he was senior vice president of advertising strategy for GoldSpot Media. (North County Times)
Click to read:AP: Public Option Nixed from Health Care Bill Jul 28, 2009
" But socialism at least offers a great deal to the people who need it, like Social Security Insurance. It kills Republicans that SSI has worked spectacularly for nearly 75 years. Socialism offers workable solution but Republicans offer nothing. That is exactly the point of Republicanism: It offers absolutely nothing to 99% of the population. As we can see Republicans are only takers. Their brand of politics is only for the very wealthy elites. And they care nothing for the Common Good. They... (CBS News)
Walter Marquardt Jul 26, 2009
Wally was sole proprietor of Marquardt Trucking for over 38 years. After retiring from trucking, he and Viola moved to Boy River, Minn. (Brainerd Daily Dispatch)
Card Check Deal in the Works? Jul 21, 2009
According to the Internal Revenue Service s 2002 statistics of income, 64 percent of households filing individual tax forms with AGI above $250,000 filed and S-Corporation or partnership or Schedule C sole proprietor tax form. Further, of all small businesses, 75 percent are S-Corporations where the business income is passed through to the business owners individual tax return, increasing the chances that it will be impacted by the proposed surcharge. (Human Events Online)
Malaysian Wetlands ordered to pay architect RM3m Jul 11, 2009
75 as stated in the invoices, interest on the amount at the annual rate of 8% from the dates when the invoices were issued and costs to the sole proprietor of Nathan Jones Architect, K. Parama Nathan. In his judgment, Justice Balia ordered Malaysian Wetlands to pay the amount as stated in the invoices because Parama Nathan and the three sub-contractors who undertook the architectural consultancy services had completed 65% of the job. (The Star Online, Malaysia -- News)
America's Quirky Alcohol Laws Jul 10, 2009
In New York, liquor stores can not be jointly owned, and the sole proprietor is required to live within a certain distance of his or her establishment a stipulation that effectively bans chains. In Kansas, a state that outlawed alcohol sales until 1948 a full 15 years after FDR repealed Prohibition 29 counties still don't allow the sale of individual glasses of liquor. (Time.com)
Putting new knowledge to work Jul 10, 2009
It was only after working for someone else for three years that Craig Wyant learned the secrets of being a successful sole proprietor ... As a sole proprietor, I have the freedom to pick and chose there s an abundance of things out there. (Charlotte Business Journal, NC)
Palin: Why She Left is No Mystery Jul 8, 2009
Location: CA Reply # 1 Date: Jul 8, 2009 - 4:02 AM EST "Like Kuneytzov the clear sighted she retreats in order to advance.?Imagine how Sarah Palin can strike fear now.The manner in which she and her family have been drawn and quartered for poor character sport has been abhorrent. Regrettably, one can't unleash on others when you've a position of responsibility in our society.The crotch level insults against her and her family by MSM marginals and audience share and ratings hunters such... (Townhall.com)
Electricity project short-circuited in 3 Valley counties Jul 6, 2009
Central California Power is in the early stages of raising money and negotiating contracts that could allow it to build a 217-megawatt power plant somewhere in Tulare County, said Joe Langenberg, sole proprietor of the business. The plant would generate enough electricity to power about 217,000 homes using a combination of natural gas and methane derived from manure from the region's dairy industry, said Langenberg, an engineer who's worked with giant engineering companies like Parsons Corp. and... (Fresno Bee -- Local)
Lolita L. Christoffersen (1936-2009) (3) Jul 6, 2009
She was the sole proprietor of Granny s Hen House consignment shop for several years. She also worked in retail fashion sales and was a homemaker. (Waterloo-Cedar Falls Courier)
Ethics Rules Allow Smith to Collect on Locker Rentals Jul 1, 2009
Smith s office said he is the sole proprietor of a public storage business called My Other Garage in Gering, Neb. and in May he filed a financial disclosure form reporting rental income of between $15,000 and $50,000 from the storage business. (Roll Call)
Madoff Insiders' Claims of Ignorance Said to Be a Focus of Probe in U.S. Jul 1, 2009
Friehling was sole proprietor of the Friehling & Horowitz accounting firm, which occupied a 550-square-foot space in New City, a northern suburb of New York City, and served as auditor to Bernard L. Madoff Investment Securities since 1991, prosecutors said. Deceived Investors. (Bloomberg -- US)
Tax planning for business assets Jun 29, 2009
This is the last instalment of the 3-part series by the ACCA on tax filing for sole proprietorship. SOLE proprietors can optimise their taxes by taking capital allowances on business assets into account ... Small-Value Assets: With effect from YA 2006, where the sole proprietor acquires fixed assets (small- value assets) which are not valued at more than RM1,000 for each asset, the full cost of the asset enjoys capital allowance in a year (100% cost = capital allowance). (The Star Online, Malaysia -- Business)
Business expenses and bad debts Jun 27, 2009
This is the second of a 3-part series by the ACCA on tax filing for sole proprietorship. SOLE proprietors should take advantage of allowable business expenses and deductions on bad debts to reduce their taxable income ... Mixed overhead expenses: Sole proprietors often have limited resources to acquire assets for exclusive business use. (The Star Online, Malaysia -- Business)
One person cos could change entrepreneurial ecosystem Jun 26, 2009
Further, once the Bill is enacted, the existing sole proprietor firms can convert themselves to OPCs with the benefits of limited liability and minimal compliance ... So, the key difference between OPC and sole proprietorship is the way liabilities are treated ... On the other hand, in sole proprietorships, the liability has not been restricted and extends to the individual and his or her entire assets. (India Times)
Revenue recognition and cost of sales Jun 26, 2009
Starting today, we are running a 3-part series by the Association of Certified Chartered Accountants on tax filing for sole proprietorship for which the deadline is June 30. ACCORDING to the Companies Commission of Malaysia, the majority of the 810,150 registered companies in Malaysia are owned by sole proprietors or business enterprises ... These entrepreneurs are probably paying too much in taxes, since professional tax advice would be too costly for sole proprietors with a typical annual... (The Star Online, Malaysia -- Business)
Blockbuster Less Likely, But Bird Considering Deals Jun 25, 2009
In his first draft as sole proprietor of the Pacers' basketball operations, Larry Bird changed the face of the franchise, making two major trades that reshaped the roster with seven new players. What does he have planned for an encore. (FOX59, IN)
Facebook starts digital land rush for personalized Web addresses Jun 16, 2009
"As a sole proprietor, it is very important to me," says Scott Roewer, a professional organizer in Washington, D.C., who uses Facebook and Twitter to promote his business. "I have no choice but to sign up at midnight.". (USA Today -- Tech)
Passing the buck for tax increases (173) May 4, 2009
Similarly, income of sole proprietorships is also taxed as income to the sole proprietor or individual. Thus, while these sums of income may be large, that income is usually reinvested back into the business so that the business can grow. (Lihue Garden Island, HA)
Choosing the Right Small Business S... Apr 30, 2009
Choosing the Right Small Business Structure: Advantages and Disadvantages of the Sole Proprietorship ... Advantages and Disadvantages of the Sole Proprietorship ... The sole proprietorship has advantages and disadvantages. (Suite101.com)
Downturn lifts IT firm Apr 17, 2009
With five employees, Peak had more overhead than a sole proprietor, but not as much capacity as a firm like SSR, he said. Revenue dropped, but the company was still profitable, Vanselow said. (Milwaukee Business Journal, WI)
On the Job with...Don Batt, Owner of Batt's Cycle Apr 14, 2009
Don Batt, of Boone, is the owner and sole proprietor of Batt's Cycle, 1006 Linn St., which he opened in February. He said the garage was built last summer to provide storage for his motor home, and due to having extra space, he decided to go ahead and add his own motorcycle shop. (Boone Today, IA)
Painful development for family hardware store Apr 10, 2009
In 2001, he became sole proprietor. But business declined with the arrival of large home improvement chain stores. (San Francisco Chronicle -- Business)
Kinneys Kar-Kare offers repairs, towing and more Apr 8, 2009
Seeing his name listed as sole proprietor, he explained. Its mine, he said. (Yahoo News -- Auto Racing)
Small Business Strategies Apr 6, 2009
If you're a sole proprietor, you'll file a Schedule "C" Profit or Loss from a Business as part of your 1040 form ... And according to an SBA report released just April 2, 2009, sole proprietors pay half the effective tax rate of S corporations (13. (USA Today -- Money)
Lobbyist Sentenced for Destroying Evidence in Public Corruption Investigation Apr 5, 2009
One subpoena was for her lobbying firm's (Firm A) custodian of records and the other was for the custodian of records of another lobbying firm of which Grimes was the sole proprietor. Both subpoenas were issued on behalf of a grand jury of the U.S. District Court for the District of Columbia. (PR Newswire)
More tips on filing taxes Mar 29, 2009
I AM a sole proprietor ... THE 11% employee portion of EPF contribution is considered as part of your gross salary and subject to income tax (in addition to the sole proprietor business profit) on you. (The Star Online, Malaysia)
Books not beakers Mar 23, 2009
Son of George Gloss, the late owner of the Brattle Book Shop, Kenneth (below) worked in the store all his life and became sole proprietor of the Boston shop several years ago when his father died: "I found that books were in my blood and that I would never be really happy if I abandoned the business." At "Treasures in Your Attic: Old and Rare Books," Gloss will bring items from his store including a 1912 World Series scorecard and old Life magazines (he owns the complete set), and will give... (Boston Globe)
Flat rate scheme warning VAT on the sale of assets by Neil Warren Mar 23, 2009
John is a self-employed accountant, VAT registered and trading as a sole proprietor rather than a limited company. He uses the FRS and applies the 11. (Accounting Web, UK)
Madoff accountant charged, is first to be accused as accomplice Mar 19, 2009
Friehling was sole proprietor of the Friehling & Horowitz accounting firm. The firm occupied a 550-square-foot space in New City, a northern suburb of New York City in Rockland County, and served as auditor to Bernard L. Madoff Investment Securities since 1991, prosecutors said. (Boston Globe)
Some conflict-of-interest statements reveal more than others Mar 17, 2009
BB Vineyards, Ceres, sole proprietor: More than 100,000 gross income; business has investment in Stanislaus Farm Supply with fair market value between 2,000 and 10,000. Berryhill Orchards, Ceres, 25 percent stockholder: Gross revenue between 10,001 and 100,000; investment in Stanislaus Farm Supply with fair market value between 2,000 and 10,000. (Lodi News Sentinel, CA)
Restaurant employer pleads guilty to hiring 'phantom workers' Mar 14, 2009
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Heads Up: Review these payment limit changes in new farm bill (41) Mar 13, 2009
For example, assume that Farmer A is sole proprietor of a farm, and is eligible to receive 25,000 in direct payments and is also one of three equal shareholders in ABC Farms, LLC. If ABC Farms, LLC is eligible for 18,000 in direct payments, 6,000 (33. 33 percent) of those payments would be attributed to Farmer A. His total direct farm payments, based on direct attribution would be 31,000 ( 24,000 plus 6,000), which is under the 40,000 per person payment limit for direct payments. (Sioux Falls Tri-State Neighbor, SD)
(Fairy tale) name recognition Mar 10, 2009
Job: Sole proprietor of Rip Van Winkle Residential Contract and Repair. Family: Van Winkle lives in Corvallis with his partner, Kari Whitacre, and her three daughters, Colee Whitnah, 13, Mady Whitnah, 10, and Abby Whitnah, 6. (Corvallis Gazette Times, OR)
Obituaries for Wednesday, March 4, 2009 (919) Mar 5, 2009
Born Feb. 13, 1944, in Honolulu, he was the sole proprietor of Kauai Ohana Homes. He was preceded in death by parents George Samuel Walker and Evelyn Richman Walker. (Lihue Garden Island, HA)
Small businesses ponder 401(k) funding Mar 5, 2009
That means 2008 contributions for a corporation don't need to be made until Sept. 15, and a sole proprietor filing a Schedule C along with a 1040 form has until Oct. 15 - provided that the employer has gotten an automatic extension of the April 15 filing deadline. This also means that contributions for 2009 don't have to be made until well into 2010. (AZCentral -- Business)
Bars are big news this week Feb 15, 2009
The Walrus officially changed hands on Monday, from owner and founder Randy Walz to longtime waitress and now sole proprietor Jill R. Sanford. Sanford assured us that the menu favorites will stay, adding that there were a lot of rumors floating around about drastic changes that just aren't realistic. (Bismarck Tribune, ND)
People Profile--Kopycinskis have past, present in Chappell Hill Feb 10, 2009
Not long after Mike became the meat market and cafe s sole proprietor in 1992, his new bride Cissy would also join him to become his partner out there in the increasingly difficult and complex world of business. Most certainly, Cissy s previous experience in banking has served as a big plus in their continuing business growth and prosperity and their partnership is obviously succeeding in the eyes of the local businesses and townspeople: In 2006, Chappell Hill Meat Market and Cafe became the... (Brenham Banner, TX)
Hilda Solis, Labor nominee, faces tax questions Feb 7, 2009
The couple files a joint tax return, but Sayyad is the sole proprietor of his business, another White House aide said, and all tax communications about his business are sent to him at a separate address. Sayyad paid off the debts this week to resolve questions, but he believes the liens were not accurately assessed, the aide said. (Los Angeles Times)
Senate panel postpones vote on labor nominee Feb 7, 2009
Vietor said Solis and her husband file personal income taxes jointly, but that Sayyad is the sole proprietor of the business and all tax communications about it go only to him at a separate business address. "Sayyad does not believe the penalties were accurately assessed, but he's paid them out of an abundance of caution and is planning to appeal," Vietor said. (MSNBC -- Politics)
