http://www.nxbizsuccess.com/forum/ Forum to talk about business en-US Thu, 29 Jul 2010 12:56:43 +0000 http://bbpress.org/?v=1.0.2 q http://www.nxbizsuccess.com/forum/search.php http://www.nxbizsuccess.com/forum/topic/tax-breaks-for-start-ups#post-11 Sat, 07 Nov 2009 09:47:02 +0000 Marilyn 11@http://www.nxbizsuccess.com/forum/ <p>hi gmcdowell - Like all tax credits, you will need to work with your accountant to make sure you follow the rules. There are a lot of rules for documentation of employee wages, and other developmental expenses. Meeting with the accountant prior to starting your research will help in the long run. The tax credit can be applied toward research on new products, enhanced processes, redesigned facilities, etc. </p> <p>On irs.gov (<a href="http://www.irs.gov/businesses/article/0,,id=156352,00.html" rel="nofollow">http://www.irs.gov/businesses/article/0,,id=156352,00.html</a>) the research tax credit is claimed on IRS Form 6765. Form 6765 requires the taxpayer to allocate QREs among wages, supplies, and contract research expenses. </p> <p>One online attorney firm indicated that this tax credit is one that has high IRS scrutiny and the greatest compliance risk. So again, work with your accountant.</p> <p>Hope that helps. </p> http://www.nxbizsuccess.com/forum/topic/tax-breaks-for-start-ups#post-10 Tue, 03 Nov 2009 13:21:26 +0000 Gail McDowell 10@http://www.nxbizsuccess.com/forum/ <p>I just wonder how many "hoops" a person would have to jump through to get the tax credit? </p> http://www.nxbizsuccess.com/forum/topic/how-to-get-started-using-this-forum#post-9 Tue, 03 Nov 2009 13:19:28 +0000 Gail McDowell 9@http://www.nxbizsuccess.com/forum/ <p>Thank you for the information on how to "forum" Anxious to take advantage of this new site. </p> http://www.nxbizsuccess.com/forum/topic/traditional-media-tv-newspaper-magazines#post-8 Sat, 24 Oct 2009 10:55:04 +0000 Omegaman9999 8@http://www.nxbizsuccess.com/forum/ <p>People are insane for social media. What would you do if you were a general manager for a newspaper or TV station at this point? It seems like simply pooh-poohing it is a dated strategy. What if your advertising salespeople decided to use Linked In to find TV advertising prospects? Would that be too wierd or shrewd?</p> <p>Why are these TV and radio managers so...blank? They seem to have no coherent response to this macro-trend. </p> http://www.nxbizsuccess.com/forum/topic/tax-breaks-for-start-ups#post-7 Sat, 24 Oct 2009 10:50:44 +0000 Omegaman9999 7@http://www.nxbizsuccess.com/forum/ <p>I just listened to a gentleman from the Tax Institute in Lincoln explain that anybody who wants to start a company can get a $5000 tax credit for 'research.' It's ALSO possible to get tax credits for 'organizational expenses' to create a new company.</p> <p>This doesn't seem to be common knowledge. Does everyone else know about this? </p> http://www.nxbizsuccess.com/forum/topic/how-to-get-started-using-this-forum#post-6 Wed, 21 Oct 2009 20:54:04 +0000 Tonia Franklin 6@http://www.nxbizsuccess.com/forum/ <p>A forum is an online conversation about something of interest to NxBizSuccess members. The forums are loosely organized into “categories” (which are just labels) such as “finance” or “marketing.” Within those labeled areas, members can start more specific “topics” such as “twittering” or “loans.” </p> <p>A forum is a place to talk and share ideas by posting messages. So start by posting a reply to a forum and watch the discussion grow with other members of NxBizSuccess. This is a place where members can openly discuss and network real business issues. Please, keep all conversations polite and professional. Don't forget to subscribe to RSS feeds of the forum and you will receive instant notification in your email when a new post has been made to your discussion. </p>