Do I Need to File Quarterly Taxes as a Sole Proprietor? Understanding Sole Proprietor Taxes

A sole proprietor submits Schedule C with a personal 1040 tax return annually. They file Schedule SE with returns, paying self-employment taxes quarterly. Sole proprietors can write off expenses like office space. If you expect to owe $1,000+ in taxes for the year, the government requires estimated quarterly tax payments. If you owed no tax … Read more

What Happens If You Distill Vodka?

Introduction to Vodka Distillation Once the fermentation process is complete, you will distill the vodka. Making vodka at home can be fun. You will save money and customize flavors. To distill alcohol you need: a distilling pot, a condenser, a collection vessel, and a heat source. Distillation Process and Methods Distilling vodka makes a stronger … Read more

Do Yelp Elites Get Paid? Yelp Elite Squad Benefits

Elite Squad members do not get paid for their activities on the site. They do get access to Elite-only Yelp events planned by the local community manager. To get the Elite designation, be very active on Yelp. Elite reviewers may get free products or services to review. Host an Elite event to boost your business’s … Read more

Why Do Funeral Cost So Much? Funeral Costs Explained

A funeral involves many steps, from preparing the body to the service itself. Each step requires specific training and some costly supplies. Below, we’ll detail why funerals cost so much, and how you can limit the expense. Cost Factors Transporting or preparing the body costs money. Caskets range widely in size and style. Larger or … Read more

Who Is Exempt From Gross Receipts Tax in New Mexico? Understanding Gross Receipts Tax (GRT) in New Mexico

In New Mexico, the gross receipts tax (GRT) is imposed on businesses or people who sell goods or services, lease property, license property, or license a franchise. GRT is assessed on the seller, not the buyer, although the tax is often passed on to buyers within the total purchase price. Registration and Rates Most businesses … Read more

What Should I Bring to a Water Park?

Packing List for a Water Park Waterproof sunscreen Lots of water Lots of snacks Extra clothes Water Park Dress Code What should you not wear to a water park? Most parks have rules against guests wearing anything but bathing suits in the water. Skimpy bathing suits may be against the rules. How should I dress … Read more