Legitimate Home Based Businesses

Question: I want to start a web-based online traffic ticket school. How do I do this?

I’m a California software developer that would like to start a small home business for online traffic ticket school. I see plenty of sites for this online but nothing on how to begin this. The DMV seems useless in answering my questions and I can’t find any information online about this. Please help.

Answer: If you already see “plenty of sites online”, how do you plan on making any money?

Need Motivation For Starting Your Own Business?

Question: Home Business & Quarterly Tax Questions-How to I file?

Please do not send the IRS links-I’ve searched these already. I’d like personal advice.

Answer: What the IRS likes for you to do if you are self-employed is pay estimated tax payments. I think the next one is due in Sept. If you have not made a profit yet then don’t worry about it. If you make a profit before the end of the year then file the 4th estimated payment form, which is due in Jan ‘09. Since this is your first year in this business then even if you owe taxes they shouldn’t charge you interest & penalties. Of course, they are the IRS and they will do whatever they want. When you file your taxes next year, for year 2008, you’ll file a Sch. C and a Sch. SE. It’s the SE that hurts. You have to pay 15.3% of 92.35% of your net income from the Sch. C. So, even if you don’t think you’ll owe tax you might owe from the Sch. SE. If you make less than $400 then you don’t have to file SE. You can subtract half of the SE on the front of the form 1040. Be sure to keep receipts from any expenses you have for your business so you can write them off your taxes. If you drive places for your business you can deduct mileage. For 2008 it’s 50 1/2 cents per mile. You’ll still be filing on a calendar year even though you started the business in April. There’s a box on the Sch. C that you check if you just started the business that year. If you think you will owe taxes to the IRS then you will probably owe to your state also, so check into making estimated payments to them. Here’s a link to the estimated tax form for the IRS. http://www.irs.gov/pub/irs-pdf/f1040es.pdf There’s a worksheet where you can try to figure out if you will owe taxes and there are payment vouchers you’ll use if you decide to pay estimated payments. If you haven’t made a profit yet then you should be fine but if you start making a profit as it gets closer to the end of the year then make the 4th estimated payment.

Winning in the Cash Flow Business TRUTH – Russ Dalbey

Question: VoIP service providers?

I’m looking for an unlimited plan for a small business, I work from home as a call center agent and I don’t want to run into an issue with a company freaking out if I go with a residential plan. I am also hoping to find a plan that includes unlimited calls to Europe. Any suggestions on a company that has good rates and excellent sound quality would be apprciated.
I have read people who used their phone alot had the company contact them and accuse them of using a residential line for business purposes, even if they weren’t. One man said that his kids were on the phone pretty much 24-7 and they started billing him all these extra charges when he had unlimited calling…. I don’t want to run into that myself.

Answer: There are several different phone companies that use the Internet for transport. All of them have one major flaw which they talk around. No phone company, regardless of the company, that uses the Internet for transport can guarentee voice quality. This is because the Internet does not pay heed to priority marked packets. VoIP requires voice packet priority to assure voice quality.

Secondly, your own LAN must be sufficiently robust to handle VoIP and must also provide priority to Voice Packets on its own LAN.

Many VoIP carriers tell you that you really need a faster Internet feed when you have voice quality issues. This is the case ONLY when the speed is too slow to handle VoIP and background data flow. However, Internet feed capacity does NOT in and of itself resolve the issue.

Many small businesses try these services – and ultimately they realize the voice quality is not acceptable. It is even worse for international calls. The root cause is not the VoIP service itself, it is that the Internet does not provide voice packet priority – and this fouls voice quality.

I am sure you will hear many state how wonderful their service is – and it may be. I also know many later find the service degrades and is unpredictable. When it works, it is fine; however it cannot be considered reliable always when the Internet is the carrier.

Home MLM Business Opportunity