Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Business > Lawn Care Employees Discussions

Lawn Care Employees Discussions Discussions on lawn care employee related issues.

DBA Question


Lawn Care Employees Discussions

Discussions on lawn care employee related issues.
Reply
 
Thread Tools Search this Thread
  #1  
Old 01-10-2011, 04:43 PM
DillonB92's Avatar
DillonB92 DillonB92 is offline
Senior Member
 
Join Date: Jul 2010
Location: Memphis, TN
Posts: 197
Rep Power: 6
DillonB92 is on a distinguished road
Default DBA Question

If a get a DBA what does that mean for tax situations?
Can i claim equipment that i bought or gas or anything?
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 01-10-2011, 07:02 PM
Hedgemaster Hedgemaster is offline
new member
 
Join Date: Jul 2010
Location: Pittsburgh, PA
Posts: 2,772
Rep Power: 0
Hedgemaster is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
I don't think it has any impact on taxes/deductions. I could be wrong though.
Reply With Quote
  #3  
Old 01-10-2011, 07:02 PM
jymie's Avatar
jymie jymie is offline
Senior Member
 
Join Date: Aug 2008
Location: Hamburg New York
Posts: 912
Rep Power: 8
jymie is on a distinguished road
Default

You can claim anything you buy for the business. That is the cost for doing business. Include equipment, gasoline, mulch, anything that you need to buy to do a job is business expense. Save all receipts.
Reply With Quote
  #4  
Old 01-11-2011, 03:31 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,807
Rep Power: 10
Steve has disabled reputation
Default

If you are operating a business even with your own name such as Joe Smith. You pay taxes on the money you make and deduct what the irs allows you to deduct.

The dba just allows you to use a fictitious name such as Super lawn care.

You and the business are still one entity vs if you create a corporation. Then your business is a separate entity with it's own tax.

Does this help?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #5  
Old 01-13-2011, 10:25 PM
johncrider johncrider is offline
Members
 
Join Date: Sep 2007
Posts: 4
Rep Power: 9
johncrider
Default

you will have to do a schedule C on your tax return, if i recall correctly. I turned that over to a CPA some time ago. It was quite simple when I did it myself. Just keep good records.
Reply With Quote
  #6  
Old 01-14-2011, 04:04 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,807
Rep Power: 10
Steve has disabled reputation
Default

Quote:
you will have to do a schedule C on your tax return, if i recall correctly.
John, was that for the dba? Can you explain to everyone what the schedule c is?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #7  
Old 02-21-2011, 08:40 PM
Golftrick17 Golftrick17 is offline
Junior Member
 
Join Date: Feb 2011
Location: Nashville
Posts: 17
Rep Power: 6
Golftrick17 is on a distinguished road
Default

Dillon,
You are in the same state as I am. I meet with a CPA and he said my tax bases would be about 29% of my net income. Keep milage on your truck. My CPA said it would be about 150.00 for him to do my taxes. I think it is probably worth it.
If you want to find someone who will take time to walk you through it, go to Daveramsey.com and clic on the ELP to find who he recommends in your area.
I started mowing in Memphis years ago. If I can help in anyway send me a PM. I still have some connections there.
Reply With Quote
  #8  
Old 02-21-2011, 09:32 PM
Growing Green Growing Green is offline
new member
 
Join Date: Dec 2010
Location: Texas
Posts: 323
Rep Power: 0
Growing Green is on a distinguished road
Default

Quote:
Originally Posted by Golftrick17 View Post
Dillon,
You are in the same state as I am. I meet with a CPA and he said my tax bases would be about 29% of my net income. Keep milage on your truck. My CPA said it would be about 150.00 for him to do my taxes. I think it is probably worth it.
If you want to find someone who will take time to walk you through it, go to Daveramsey.com and clic on the ELP to find who he recommends in your area.
I started mowing in Memphis years ago. If I can help in anyway send me a PM. I still have some connections there.
That is exactly how I found my CPA. Can't go wrong with Dave Ramsey's ELP's.

Matt
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Tax Question Paineless Creations Starting a lawn care business. 7 05-02-2010 10:47 AM
Question all.... jwyardmasterz Lawn Care Marketing & Post your marketing material for review! 5 06-05-2008 09:37 PM
Tax Question Steve General Business Discussions 0 12-22-2005 06:36 PM
Tax Question Steve General Business Discussions 1 11-23-2005 09:43 PM
Tax Question ZoysiaMan Gopher Software Support Archived Question & Answers - Read Only 1 07-03-2005 09:58 AM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Best two stroke oil
Greg_TopYardServices
Yesterday 07:53 PM
Yesterday 10:00 PM
by Just for Cuts
1 19
Help Spread the word...
Sprinkler Buddy
12-02-2015 08:41 AM
Yesterday 06:35 PM
by Sprinkler Buddy
13 1,189
back surgery
Bradcook21
01-28-2016 08:51 PM
02-07-2016 08:04 PM
by Chilehead
12 299
hello all
romanlandscape
01-29-2016 03:46 PM
02-07-2016 10:20 AM
by Bradcook21
6 191
Finding open bids?!?
C&DPropertyManagement
02-07-2016 01:48 AM
02-07-2016 01:48 AM
by C&DPropertyManagement
0 52
Lawn Care Book Ranked #1
Steve
02-06-2016 12:36 AM
02-06-2016 12:36 AM
by Steve
0 75
Hi
Sellers Lawn Care
02-02-2016 01:48 PM
02-05-2016 08:03 AM
by Sellers Lawn Care
4 147
Collecting payments from...
Niagara Mowing
02-03-2016 05:21 PM
02-05-2016 08:00 AM
by Niagara Mowing
7 197
SMS assist? The good,...
jcurr33
01-27-2016 10:24 PM
02-04-2016 11:53 PM
by Steve
5 216
I need some help...
Anise
02-04-2016 01:39 PM
02-04-2016 11:51 PM
by Steve
3 110
Customers dodging the...
Rocky
11-06-2015 06:22 AM
02-04-2016 03:41 AM
by C&DPropertyManagement
7 1,471
Offering a "Trial"...
wybut076
02-01-2016 06:27 PM
02-03-2016 08:26 PM
by Just for Cuts
7 237
Iowa Caucus Predictions?
Steve
02-01-2016 06:31 PM
02-03-2016 12:40 AM
by Steve
1 93
Laying White River Rock
DiamondLawnCare
02-01-2016 08:27 PM
02-03-2016 12:17 AM
by Steve
1 113
Networking for a...
jcurr33
01-30-2016 09:26 PM
02-01-2016 06:27 PM
by Steve
4 182
Customer giving a 1099?
apmAkron
01-27-2016 07:22 PM
01-31-2016 08:55 PM
by Chilehead
6 244
happy to be here
redrobin
01-29-2016 10:45 AM
01-31-2016 08:44 PM
by Steve
1 130
Thought's on an "E-Z...
jcurr33
01-27-2016 10:48 PM
01-31-2016 08:38 PM
by Steve
4 208
Changes
Knaubone
01-30-2016 10:56 PM
01-31-2016 08:31 PM
by Steve
1 115
Thoughts on this Exmark...
googus
01-28-2016 04:24 PM
01-28-2016 08:09 PM
by Chilehead
1 140
1st year in
jcurr33
10-18-2015 05:07 PM
01-28-2016 07:49 PM
by Chilehead
6 4,133
Need opinion on zero...
Mr. Mow
01-24-2016 05:42 PM
01-28-2016 07:41 PM
by Chilehead
10 350
Opinion on liquid vs...
Bradcook21
01-25-2016 02:03 PM
01-28-2016 07:38 PM
by Chilehead
9 301
Finding property size
Gageslawncare
01-25-2016 11:08 AM
01-28-2016 12:05 PM
by Gageslawncare
10 304
Tiger TG 2661 Commercial...
lawnman1959
01-25-2016 08:12 PM
01-27-2016 07:57 PM
by Just for Cuts
5 234
Spouse as a dependent?
Steve
01-26-2016 01:51 AM
01-27-2016 10:44 AM
by Chilehead
3 193
Hello All
C&DPropertyManagement
01-23-2016 12:21 PM
01-26-2016 01:24 AM
by Steve
1 173
Credit Cards - What's in...
Shark1611
06-16-2015 04:04 PM
01-23-2016 03:43 PM
by C&DPropertyManagement
17 7,673
Start My Own Business?
mowandblow1980
01-12-2016 08:43 PM
01-19-2016 07:00 PM
by Steve
12 622
State of the nation 2016.
Steve
01-12-2016 12:05 AM
01-19-2016 06:57 PM
by Steve
6 370
little help? first big...
Brian3137
12-31-2015 12:39 PM
01-19-2016 06:54 PM
by Steve
23 1,069
Hi everybody...
Greg_TopYardServices
01-14-2016 08:10 AM
01-19-2016 02:47 PM
by SC93
12 447
What's your next...
Steve
05-15-2015 12:54 PM
01-17-2016 08:48 PM
by Homeland unlimited
25 7,911
Plow controller problems
scaypa
01-12-2016 05:49 PM
01-16-2016 10:46 AM
by scaypa
4 285
Say Hello !!!
Steve
03-19-2007 12:18 PM
01-15-2016 07:23 PM
by tannerduncan
1,244 428,038
Pricing issue
Mr. Mow
07-07-2015 07:15 AM
01-15-2016 11:20 AM
by djlandscaping06
23 5,400
New College Course
Dr. D
01-14-2016 01:45 PM
01-14-2016 05:35 PM
by Steve
1 206
Yelp
Shark1611
01-13-2016 10:00 AM
01-14-2016 05:32 PM
by Steve
4 266
New to the forum from...
Doug Green
01-12-2016 12:23 PM
01-14-2016 08:34 AM
by Doug Green
2 240
Facebook advertising
Just for Cuts
12-13-2015 08:49 AM
01-13-2016 10:20 PM
by Just for Cuts
12 918
Choosing local business
Doug Green
01-12-2016 12:29 PM
01-13-2016 06:12 PM
by Steve
2 402
4 Seasons Landscaping LLC
Doug Green
01-12-2016 12:56 PM
01-12-2016 12:59 PM
by Doug Green
1 262
2016 business goals
OxfordOS
01-09-2016 04:19 PM
01-12-2016 08:36 AM
by mowandblow1980
15 563
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 12:05 AM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 12:05 AM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy