Business

Todd Potter Is. Episode 5 “Business Is Business”

RockstarEvents asked:

Todd Potter Is… is an episodic series that will give you an inside perspective on Todds life. This series will take you from where he trains every day to an inside look of him competing at X Games. Make sure come back every week to catch a new episode! If you’re on Twitter, retweet the video @Rockstar6969 and @TODDPOTTER1, for your chance to win some awesome prizes! Only here on youtube.com/rockstar

Business

Any easy way to get a larger tax return if I have a business license?

Rockstar from another dimension asked:

I don’t know too much about taxes, but I’m doing mine right now with turbotax, and I owe quite a bit. Someone once told me that if you have a business license, you can qualify for much larger tax cuts. I haven’t really had much active business activity, but I do have a license.

I heard that since I do own a work at home business, I can take the money I pay for rent every month and claim that as a business expense, since this is where the business is located. Or something like that.

Can someone explain this to me better, or give me ideas of other deductions I would qualify for being I own a home based business (even though I haven’t had much business activity)?

I live in washington
As an added portion of my question…Since I am running close to the deadline, if I file my taxes now to beat the deadline. But I don’t claim all necessary deductions, is it possible to re-file, or else have a professional re-file to get some of that money back?

Also, the first person said tax software isn’t current, well I’m using turbotax online. Is that outdated also? Am I missing out on other deductions?

Business

How does writing off business expenses work?

Answer Man asked:

I am in the United States. I do not understand this and am confused. Suppose an online company that resells products needs a computer to manage the business. This is an ordinary and necessary expense for the business. Do you just get it for free and the IRS pays for it? How does it work? Please explain in detail. Thanks.

Business

euronews learning world – Classes in conflict zones

Euronews asked:

In conflict zones education, like much of everyday life, can become a risky business. Across the world tens of millions of young people miss out on school because of war. But some are so desperate to escape their circumstances they are willing to put their lives on the line to get an education. Logar province is an hour’s drive away from Kabul, the capital of Afghanistan. Here, neither the Afghan government nor the Taliban rebels are fully in control. … www.euronews.net

Business

What type of small business would one open up in the area surrounding a casino?

Titanic112406 asked:

Columbus Ohio will be building its first casino soon! Voters said yes on May 4! I want to jump on the small business band wagon! What type of small business should I open up in the area surrounding the cassino?

Business