Teacher-Turned-Entrepreneur Finds Startup Success in Technology

Iris Broyles has always had a passion for technology. In 2008, she recognized that starting a business offering access to tremendously deep lists of leads for marketing purposes was a perfect career move to make. Broyles, who is a happy client of 1-800Accountant, operates Central Tex Data, LLC directly out of her comfortable home office in Glen Rose, Texas. While she is the only owner and member of the web-based small business, she enjoys the self-employment lifestyle. Broyles offers up a basic explanation of how the startup company functions. “We

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Startup Story: Air Force Vet Captures Sweet Moments

Entrepreneur Ternell Washington loves capturing the sweet moments of life. So he decided to take his years of experience behind the camera as a photographer and try his hand at startup success. Washington, a client of 1-800Accountant, operates his own small business called Axiom Foto, LLC in San Antonio, Texas. He formally set up the business entity in December of 2014. Through Axiom Foto, Washington offers a variety of top-notch photography services to nearly anyone who wants an event or special moment captured in images. However, he primarily works as

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The Pros & Cons of Filing a Tax Extension with the IRS

The saying that something is better late than never applies perfectly to filing your taxes with the IRS. If for some reason you cannot file your return on time, the IRS should allow you to file an extension of time, typically up to 6 months after the traditional April 15th tax-filing deadline. But, as with most things, there are pros and cons to filing an extension. Advantages of Filing a Tax Extension The obvious advantage to filing a tax extension is that it buys you more time to get your

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Swinging for Savings: Tax Deductions for Golfers

From bogies to birdies, millions of people enjoy spending time on the links playing golf each year. If you roll out your golf cart and clubs on a regular basis, you probably know full well how expensive hitting the greens can be. But don’t fret. The IRS actually offers some money-saving tax deductions for golfers in certain circumstances. Deducting Golf as a Business Entertainment Expense The meals and entertainment deduction is a popular write-off for formally-crowned small business owners and 1099 independent contractors alike. The IRS allows these individuals to

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Startup Story: A Handy Product for Pickup Truck Drivers

Terry Rude of Fairview, Oregon decided one day to build a simple extension for his short-bed pickup truck in order to accommodate bigger loads than an ordinary pickup would allow. After receiving an overwhelming amount of positive feedback from motorcycle enthusiasts and even the folks at Home Depot urging him to patent and market the truck bed extension, Rude knew he had a potentially booming small business on his hands. So he decided to formally establish Rud Truck Accessory, LLC in January 2015. Rude runs Rud Truck Accessory independently, with the help of a part

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Startup Story: Just What the Tutor Doctor Ordered

They say an apple a day keeps the doctor away. But if you need help mastering a new subject or skill, Malcolm Mayo and his wife, Rickela, want to give you access to a Tutor Doctor whenever you need one. The Mayos officially established Foodie Enterprises, Inc. in September 2014. The current focus of Foodie Enterprises is a startup international franchise company called Tutor Doctor. It offers tutoring services for children in Kindergarten through 12th grade, but it’s open to anyone interested in honing their skills. “Tutor Doctor is primarily

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Mad About Taxes: Are March Madness Pool Winnings Taxable?

Are you one of the millions of Americans who fill out a bracket every March for the NCAA men’s basketball tournament? Do you ever put money down in hopes of pocketing some cool spending cash for the spring? If so, your winnings do not result in an automatic slam dunk into your personal bank account. Uncle Sam has his eye on everyone betting on basketball. Gambling and Taxes In the eyes of the IRS, money you take home from gambling winnings is considered a form of taxable income. This income

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Achieving Startup Success with a Hummus Delivery Service

Alex Pasternak and Aaron Shapiro are crazy about hummus. After the two roommates discovered that their hummus consumption was beginning to dent their wallets, the roommates decided they’d better learn how to make it themselves. The pair discovered that they had a knack for making their own hummus creations, and Two Brothers Hummus, LLC was born from there. The small business was formally established in August of 2014 in Philadelphia, Pennsylvania. They do paperwork inside of their home office, but have a kitchen outside of their home where they prepare

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Army Vet Finds Startup Success Selling Mini Heroes

Sergeant first class Al Conrad served 20 years in the U.S. Army. He says these 2 decades of experience were the most rewarding time in his life. While he has been long retired from active duty, he now fulfills his love and respect for the armed forces through a unique small business he recently launched. Conrad is the proud CEO of PIR Custom Military Figures, Gifts, & Awards, LLC in Columbus, Georgia. (The PIR acronym is short for Parachute Infantry Regiment.) Formally established in December 2014, Conrad sells custom military

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Diagnosing Your Taxes: Tax Deductions for Doctors

Happy Doctors’ Day! Today we recognize all of the physicians and medical professionals across our great nation who work incredibly hard to keep us happy and healthy. When you go to the doctor, he or she may diagnose a medical ailment you’re experiencing. You might even receive a prescription for a medication to help treat your ailment. When it comes to taxes, it’s critical to diagnose your tax standing with the IRS to come up with a plan of action that includes tax deductions to help reduce your bill from

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