Are you required to pay USE Tax? If you work online (internet) and receive payment for products, you are required to pay USE Tax in most states. This is a surprising fact to most entrepreneurs. Due to the track record the IRS has on monitoring internet sales, it is common for people ignore their obligation to pay.
I know we are taxed to death! I totally agree that the USE Tax is ridiculous, but the question isn’t whether or not “I think it is required” rather “are we required” and we are required to pay. And…if you profess that you operate a honest and ethical business, you better not shuffle your responsibility aside.
Posted on Tuesday August 24, 2010
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Multistate Tax CompactArticle V. Elements of Sales and Use Tax Laws
Follow the link to Article V. and read more on Multistate Taxes.
Sales & Use Tax Consultants
SUTC can help
Multistate Tax Guide
(Click Here)
Michigan Taxes
Department of Treasury
"The use tax is not a new law; it was enacted in 1937. With the birth and rapid growth of Internet sales, revenue lost from non-reporting of the use tax is becoming substantial....Use tax is required by law when a person purchases a good from out of state and the retailer hasn't charged sales tax in their jurisdiction....The Internet Tax Freedom Act does not prohibit the sales and use tax on consumer purchases over the Internet by Michigan residents that are taxable under Michigan law. Only new taxes on Internet access are prohibited".
Resource: Michigan.gov
by Diane M. Hess on Monday August 02, 2010
no comments
Many business owners do not realize the role “writing” plays in their business. Written material is often left up to a department within the company or a third party marketing agency. The President of the company can get by with jotting down ideas, concepts, and images, then handing it off for someone else to do. But … when you are the sole owner and responsible for all email communications, marketing material, business to business promotions, and content for your blog or tweets; you have to take writing more seriously. This is why I think it is important to educate new startup business owners on:
- what type of content is required
- where he or she can get assistance,
- when it is important to keep it original
- how having good writing skills can help you grow your business
What Type of Content is Required
During the first year of business, you will be required to write a business plan and create your company documents. This can include contracts, business invites and other marketing material.
Where Can I Get Assistance
Of course, you could contract a freelance writer specialist to help you along the way. The only issue with contracting help is the money you will end up spending. Writers on average make $50 per page. Specialist like someone who creates business plans can make $1,000 to $5,000 a 35 page plan. This is based on the industry type. Instead save your money and learn a few inside tricks to writing your own content.
When Should I Keep The Material Original
It is crucial that you keep your content original when creating working contracts. You should set aside some business terms and policies that only reflect how you want to do business. You can use a sample from another company, but keep it as original as possible. Remember this is a reflection of your company.
How Can I Grow My Business with Good Writing Skills
A business owner who has good writing skills can take his or her virtual business to a higher level. For virtual assistants, freelance writing can become a secondary income. Once you've gained control of written content, you can write about almost anything for profit. The better you get at writing, the larger the pay check.
If you're interested in improving your skills with written content or you're intersted in becoming a freelance copywriter, REGISTER to attend my August 14, 2010 FREE M2S Workshop.
by By Gayle Scroggs, Ph.D.© on Monday July 26, 2010
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Want to finish your writing project? Then you need to make writing a habit. That involves making a commitment, planning small steps, leveraging your personal strengths, and celebrating your small successes.
Alas, many of us allow killer thoughts such as the ones below to stop us in our tracks. Replace them with healthy thoughts based on positive psychology, and before you know it, you’ll have that manuscript finished!
Healthy thought: First, I will honor my goal by doing my “Single Daily Action” around writing. It could be to make a list of the topics or ideas or get the resources arranged on the desk or the computer open to the Word document, etc. I will pick one small easy-to-do thing that will move me one step forward on my project every day for 20 minutes, first thing in the morning if possible. (20 minutes per day for 300 days would be 100 hours—which would really get me somewhere!)
2. Killer Thought: I am not in the mood to write just yet. I will wait until inspiration strikes me
Healthy thought: Even though I am not in flow now, I can get there if I sit down and start writing. I will keep inspirational books, photos, or other objects that prompt me to think about my topic. I will be mindful of what adds to my concentration and inspiration (be it coffee or loud music or a window with a view) and leverage that.
Inspiration will come as I write. I have had moments of creativity and I will have more. I can use my top strengths to get me started and invite my muse to visit and my inner critic to take a hike.
3. Killer Thought: I don’t work well with schedules. I prefer spontaneity.
Healthy thought: I am choosing to write this because it matters to me. No one is making me do this but me. When I put time in my schedule for me, I am realizing my best self. (My inner critic would like me to stop, but I am not going to listen to it!). The hard truth is that writing projects take time. I am willing to make time for the things to which I am committed.
4. Killer Thought: I need to do more research. I don’t know enough.
Healthy thought: First, I will write out what I already have in my head and at hand. Then I will review it to see where I may need to do research to fill in the gaps. I will aim for “good enough” rather than “perfect.” I will remind my inner critic that I am not writing an encyclopedia; I am writing about what I know.
5. Killer Thought: I need to relax (or energize myself) first.
Healthy thought: When I sit down and allow myself to write long enough, I can eventually get into flow, especially if I am leveraging my own personal strengths. The ideas stream out in an effortless way and putting them down on paper or screen renews my energy. At the end of the day, I feel more peaceful and satisfied that if I had just whiled away the time (watching TV, surfing the net, and all those things my inner critic would like me to do instead of write).
6. Killer Thought: I don’t have time right now. I’ll wait until I have a lot of time.
Healthy thought: I will use the time I have now even if it is just 15 minutes. I can do some small thing now (read two pages, write down three ideas, check a book out of the library). This will help keep me incubating my ideas so that when I have more time I will be ready to write. I can also take the time now to plan how to carve out larger chunks of time on a regular basis. From now on, I will make a point of saying “no” to some things that come up that matter less so that I can say “yes” to this project more. When I do that, I experience more satisfaction in my day.
7. Killer Thought: I have no place to work. I need to have [whatever I don’t have].
Healthy thought: I can work wherever I can sit down with a pen and paper or my computer. I can create a small nook in my home or find a table at a café or a library or even a convent. There are many published authors who wrote under more difficult conditions than these. (Poet Wendell Berry said he even used the back of an envelope!) I will be grateful that I have the time, the means, and the place at hand without waiting for my inner critic’s idea of the perfect writer’s studio.
8. Killer Thought: I don’t know where to start writing
Healthy thought: I can start anywhere, even writing about how I do not know what I want to write. I do not need to start with a clear idea. My ideas will take shape as I work with them. I will write for 30 minutes and then see where I am. I will give myself permission to not know, to be curious, to incubate, as ideas begin to form.
9. Killer Thought: I tried it and my writing was awful.
Healthy thought: I can give myself permission to write badly. The important thing is to keep writing. Some days my writing will be better than it is on others. I am honoring my best self when I spend time doing what matters to me. Even in baseball, the homerun kings are often the strikeout kings. I can only make a run if I get up to bat. My writing project will only be finished if I spend time doing it.
10. I tried all of the above and still cannot get going. I’m a total failure as a writer.
Healthy thought: Sometimes a “positivity” break is a good idea. I will put the project away for just one week and build my resilience and positivity by taking concrete steps to increase the pleasure, flow, and meaning in my day in other ways. I will take care of my body, mind, and spirit while letting ideas incubate. On [set date] I will sit down and follow through, renewed and eager to start writing.
When you really want to make optimal progress on your book, consider partnering with a positive psychology coach who can help you identify your strengths for writing, create a plan, and enjoy the process. If you would like a free consultation about how I can help you as I have helped others, contact me at gayle@essencecoaching.com. Leverage the best of positive psychology to achieve your goals in an authentic, life-enhancing way.
Alas, many of us allow killer thoughts such as the ones below to stop us in our tracks. Replace them with healthy thoughts based on positive psychology, and before you know it, you’ll have that manuscript finished!
Remember: You get to choose which thought you want to hold. Which will get you what you want?
1. Killer Thought: First, I’ll check my email.Healthy thought: First, I will honor my goal by doing my “Single Daily Action” around writing. It could be to make a list of the topics or ideas or get the resources arranged on the desk or the computer open to the Word document, etc. I will pick one small easy-to-do thing that will move me one step forward on my project every day for 20 minutes, first thing in the morning if possible. (20 minutes per day for 300 days would be 100 hours—which would really get me somewhere!)
2. Killer Thought: I am not in the mood to write just yet. I will wait until inspiration strikes me
Healthy thought: Even though I am not in flow now, I can get there if I sit down and start writing. I will keep inspirational books, photos, or other objects that prompt me to think about my topic. I will be mindful of what adds to my concentration and inspiration (be it coffee or loud music or a window with a view) and leverage that.
Inspiration will come as I write. I have had moments of creativity and I will have more. I can use my top strengths to get me started and invite my muse to visit and my inner critic to take a hike.
3. Killer Thought: I don’t work well with schedules. I prefer spontaneity.
Healthy thought: I am choosing to write this because it matters to me. No one is making me do this but me. When I put time in my schedule for me, I am realizing my best self. (My inner critic would like me to stop, but I am not going to listen to it!). The hard truth is that writing projects take time. I am willing to make time for the things to which I am committed.
4. Killer Thought: I need to do more research. I don’t know enough.
Healthy thought: First, I will write out what I already have in my head and at hand. Then I will review it to see where I may need to do research to fill in the gaps. I will aim for “good enough” rather than “perfect.” I will remind my inner critic that I am not writing an encyclopedia; I am writing about what I know.
5. Killer Thought: I need to relax (or energize myself) first.
Healthy thought: When I sit down and allow myself to write long enough, I can eventually get into flow, especially if I am leveraging my own personal strengths. The ideas stream out in an effortless way and putting them down on paper or screen renews my energy. At the end of the day, I feel more peaceful and satisfied that if I had just whiled away the time (watching TV, surfing the net, and all those things my inner critic would like me to do instead of write).
6. Killer Thought: I don’t have time right now. I’ll wait until I have a lot of time.
Healthy thought: I will use the time I have now even if it is just 15 minutes. I can do some small thing now (read two pages, write down three ideas, check a book out of the library). This will help keep me incubating my ideas so that when I have more time I will be ready to write. I can also take the time now to plan how to carve out larger chunks of time on a regular basis. From now on, I will make a point of saying “no” to some things that come up that matter less so that I can say “yes” to this project more. When I do that, I experience more satisfaction in my day.
7. Killer Thought: I have no place to work. I need to have [whatever I don’t have].
Healthy thought: I can work wherever I can sit down with a pen and paper or my computer. I can create a small nook in my home or find a table at a café or a library or even a convent. There are many published authors who wrote under more difficult conditions than these. (Poet Wendell Berry said he even used the back of an envelope!) I will be grateful that I have the time, the means, and the place at hand without waiting for my inner critic’s idea of the perfect writer’s studio.
8. Killer Thought: I don’t know where to start writing
Healthy thought: I can start anywhere, even writing about how I do not know what I want to write. I do not need to start with a clear idea. My ideas will take shape as I work with them. I will write for 30 minutes and then see where I am. I will give myself permission to not know, to be curious, to incubate, as ideas begin to form.
9. Killer Thought: I tried it and my writing was awful.
Healthy thought: I can give myself permission to write badly. The important thing is to keep writing. Some days my writing will be better than it is on others. I am honoring my best self when I spend time doing what matters to me. Even in baseball, the homerun kings are often the strikeout kings. I can only make a run if I get up to bat. My writing project will only be finished if I spend time doing it.
10. I tried all of the above and still cannot get going. I’m a total failure as a writer.
Healthy thought: Sometimes a “positivity” break is a good idea. I will put the project away for just one week and build my resilience and positivity by taking concrete steps to increase the pleasure, flow, and meaning in my day in other ways. I will take care of my body, mind, and spirit while letting ideas incubate. On [set date] I will sit down and follow through, renewed and eager to start writing.
When you really want to make optimal progress on your book, consider partnering with a positive psychology coach who can help you identify your strengths for writing, create a plan, and enjoy the process. If you would like a free consultation about how I can help you as I have helped others, contact me at gayle@essencecoaching.com. Leverage the best of positive psychology to achieve your goals in an authentic, life-enhancing way.
by Diane M Hess on Tuesday June 01, 2010
1 comments
The biggest disappointment you face as a VA is finding out that your client isn’t trustworthy. You will be asked to conduct assignments that are unethical and sometimes against everything, you believe in. If you are like me, you will learn how to discern between a good and a bad client before you get in too deep.Lowering your standards isn’t the answer. I’m speaking to those of you who are professed Christians. You cannot lower yourself to make more money. It is wrong and against all of the basic principals, faith and religion stand for.
Taking part in projects that are openly deceptive is wrong. Making money off someone else suffering or creating illegal content through copyright infringements is WRONG! Even though, you are not directly hurting someone it still counts.
We need to make a stand. By we, I am speaking to those of you that are Christians working from home. Our society has forced many of us into hiding. It is time we come out and stand up for what is right. If we don’t, our children will not have a safe world to live in. Need I remind you of the book of Revelations?
God sees it all, even what is in cyberspace. You can’t hide from him behind a computer screen and expect to go to heaven when everything is said and done. Even those of us who have professed our faith in Christ will have to answer for our actions. The words you type with your fingertips are just as effective as the words spoken from your mouth. Because of our faith, we have the responsibility of running a business in a way that is a good testimony to others.
The Christian VA knows how to discern when an email comes across his or her desk. It begins with prayer. Pray over your work and ask God to bless it. If you’re not 100% certain that a project or assignment is right for you, ask God for direction and wait. You are not obligated to take every assignment that comes your way. This is one of the reasons you work for yourself. You are given a choice, even a responsibility, to be selective.
The Christian VA keeps an open mind but a firm stand where it comes to his or her beliefs. They know that God will bless their faithfulness and will not participate in projects that go against their moral values. If something sounds too good to be true, the likelihood of it being legitimate is slim. Use your gut-feeling to decide what the next step is. Don’t be afraid to turn away work.
The Christian VA trust God to open their eyes and see the prospect as He sees them. Even though there isn’t an open window between the prospect and you, you can still read his or her words with understanding of their personality. It is called a written tone. They choose clients that have integrity and a positive contribution to society.
The VA world is open to both Christian and non Christian service providers. I know on a personal level that placing God as your CEO helps tremendously. We strive to let others know that the business codes we work from are derived from the same principals God has placed in the Bible. Our hope is that if you don’t have a God that your business relationship with us will be an encouragement to put your trust in Him.
God Bless you as you embark on this journey.
by Diane M Hess on Friday May 21, 2010
1 comments
As a freelance provider, it is important to make sure you have adequate business insurance coverage for errors and omissions — that is, for services you provide or fail to provide. Despite all precautions, making mistakes is still possible. It is for such mistakes that clients may file lawsuits against you. The cost of damages and/or litigation expenses could threaten your business. Errors and omissions insurance helps ensure you are fully protected.Now that you have set up your business as a freelance provider, it may be a good business policy to review your business insurance coverage. Do you have adequate protection against all the risks of doing business?
One of the most important risks you face as a freelance provider involves errors and omissions. A freelance provider acts as a consultant, providing specialized knowledge and expertise to clients for a fee. But making mistakes in the course of doing your job is normal. We are all human, not always perfect.
If by making mistakes you cause damage and losses to clients, you may have a lawsuit on your hands. And, as the liable party, you may have to pay out substantial sums. Even if you put up a successful defense, the cost of litigation may run to thousands of dollars — money which could very well wipe out your small business.
You can protect businesses such as Internet provider services, Web hosting services, and all kinds of freelance provider services against errors and omissions exposure with a special type of insurance. You may have heard of professional liability insurance, which covers people of various professions such as law, architecture, and accounting. A similar business insurance policy, commonly known as malpractice insurance, is issued for those in the medical professions. For a freelance provider, insurers provide errors and omissions coverage. The principle of coverage is the same: you are fully protected for failures of performance on your part, which have resulted in financial losses to the client.
In some cases, the freelance provider covered against errors and omissions can use it to advantage in marketing his or her services. Clients may like the fact that they can have legal recourse in case something happens to their project with you. Indeed, there are clients out there who require their freelance provider to have this type of business insurance.
For example, an Internet provider is bound to deliver Internet services at all times agreed upon. A failure by the Internet provider to fulfill the contracted services may cause damage to the client, such as loss of valuable data, system failure, etc, or render client unable to continue operations. The Internet provider would be the liable party in a lawsuit. It therefore makes sense for the provider to buy Internet business coverage. This Internet business policy should cover performance areas detailed in the contract and fits all your errors and omissions exposures.
The period of coverage is crucial. You need to be aware that errors and omissions insurance are based on “claims made” or “claims made and reported” — in other words, lawsuits — during the life of the policy. But, it is possible the client may file the lawsuit only years after the actual event for which client is claiming damages occurred. It is therefore risky to let your errors and omissions policy lapse.
The policy governing the business insurance you purchase will be customized to fit your needs. A standard policy cannot be written, because your business transactions as a freelance provider are unique. Make sure you get the coverage you need.
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