Remove 2009 Remove Credit and Collections Remove Deductions
article thumbnail

Is It Illegal to Use a Business Credit Card for Personal Use?

CreditStrong for Business

As a business owner, finding the right credit card is an important step in building your business and getting perks and rewards along the way. But once you have a business credit card, can you use it for personal expenses as well? Is It Illegal to Use a Business Credit Card for Personal Use?

article thumbnail

Should You Use Indiegogo vs. Kickstarter to Finance Your Product?

Fundera

Perhaps the two biggest platforms are Indiegogo and Kickstarter—founded in 2007 and 2009, respectively—these two platforms have funded nearly 800,000 projects between them. Compared with Kickstarter, which is more focused on sharing creative or serviceable products and media, Indiegogo offer backers a broader collection of projects.

article thumbnail

What Is a Disregarded Entity and How Does It Affect Your Taxes?

Fundera

The IRS will allow the owner of a disregarded entity to report the business’s income, losses, credits, and deductions on their personal tax return. If your LLC gets sued, the claimant is limited to collecting from your LLC’s assets. You’ll pay taxes on the LLC’s income at your personal income tax rate.