How Much Do International Traders Earn?

International Traders’ Earnings Professional forex traders in big corporations may earn $6600 monthly on average. In companies, traders’ monthly salary depends on fund size, profit-sharing ratio, commission, and bonuses. Retail traders that trade forex using their own money earn from $500 up to $5000 on average every month. Only 10% of retail forex traders earn … Read more

What Is Sales Tax in Ohio for Restaurant?

Overview of Ohio Sales Tax The Ohio sales tax rate in 2023 is 5.75% statewide. Depending on the local sales tax jurisdiction, the total tax rate can be as high as 8%. The sales tax helps generate revenue for the state, which funds various public services and programs that benefit Ohio residents. Taxing restaurant food … Read more

Is Self-employed Hair Stylist a Sole Proprietor?

Legal Structure of a Beauty Salon Sole Proprietorship Sole proprietorships are owned by one person. The owner takes on the financial and legal risks of the business. Tax Process for Self-Employed Hair Stylists Use Schedule C (Form 1040) to report income or loss from a business you operated as a sole proprietor. Costs incurred while … Read more

What Are the Steps to Start a Non Profit?

Setting Your Salary in a Nonprofit When creating a nonprofit, you can occupy any position within the company. You can fix your own salary. The IRS anticipates reasonable remuneration grounded on comparable incomes. The IRS permits founder compensations. The rules equal those for other nonprofits. There’s no guidance on amount. Excessive remuneration gets punished. Founders … Read more

Is There a Market for Woodworking?

Industry Overview The US woodworking industry was valued at $258.5 billion in 2018 and is expected to reach $291.3 billion by 2024. This industry includes wood product manufacturing, which is a $6 billion industry. The construction industry, a major consumer of woodworking products, is also expected to grow by 2.2%. In the United States, there … Read more