March 4, 2021


Many small business owners are astounded to find out that they can indeed profit from giving proceeds, or donating products to charity and intern market there small business. Another thing to consider when looking for limited liability insurance for small business is that the tax rules different somewhat. All partners are required to report and pay taxes individually on their share of the yearly profits. You probably won’t have to pay self-employment taxes since your status in the business is not “active”, thus your share of the partnership isn’t considered “earned income”. The general partner(s), on the other hand, do control the business’ day-to-day operations and therefore liable for business debts. It’s important to note that the factors you point out are cultural in nature. I must ask: Are you primarily talking about White women because nothing you wrote holds true with successful Black, Hispanic, Asian, or Native American women. … Read the rest