Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 11

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 11 Following the Yellow Brick Road I became aware of video as a Social Networking medium and specifically YouTube. YouTube is more than a multimedia marketing tool or a video sharing site or even a video blogging platform. YouTube is a [...]

Do you owe business taxes? By Daniel Stoica Accounting Professional

Do you owe business taxes? By Daniel Stoica Accounting Professional According to the IRS, the form of business you operate determines what taxes you must pay and how you pay them. The following are the four general types of business taxes. Income Tax Self-Employment Tax Employment Taxes Excise Tax Income Tax All businesses except partnerships must file an annual income tax return.  [...]

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 10

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 10 Following the Yellow Brick Road while using LinkedIn today I noticed a Status Update that my friend Fred McMurray has added a Twitter account for his company Mandatek. This was the catalyst in my decision to finally join Twitter. I [...]

Starting a Business or a Hobby? By Daniel Stoica Accounting Professional

Starting a Business or a Hobby? By Daniel Stoica Accounting Professional Most businesses start out small.  As a new business owner you need to know your tax responsibilities. One common question that a new business owner has to be able to answer is: Is it a Business or a Hobby?  Answer has implications for Deductions. Here is the FS-2007-18, [...]

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 9

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 9 Following the Yellow Brick Road while using LinkedIn, I was invited to join other online networking sites. As I was new to online networking, I obliged and joined a few other networks. One of the networks that I joined and [...]

Did you start a new business this year? By Daniel Stoica Accounting Professional

Did you start a new business this year? By Daniel Stoica Accounting Professional Congratulations!  Welcome to Startup Entrepreneurship! Celebrate and enjoy your success! Do you have an accurate record of your business transactions? Why should you keep records? Good records will help you: Monitor the progress of your business Records can show whether your business is improving, which items are selling, [...]

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 8

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 8 Following the Yellow Brick Road I found the Tools menu on LinkedIn. LinkedIn’s productivity Tools help you search, build your network, and manage your contacts, all from the applications you use today. I use the Outlook Toolbar which allows you [...]

Solopreneur: “Jack of all trades” or Specialist

Solopreneur: “Jack of all trades” or Specialist Are you a Solopreneur? Do you describe yourself as a Specialist or as a Generalist? There are Solopreneurs who can be described as a generalist with a wide array of knowledge.  A Solopreneur whose expertise fills a significant number of subject areas and is very knowledgeable in a lot of business [...]

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 7

Follow the Yellow Brick Road to B2B and B2C Social Networking by Daniel Stoica Accounting Professional, Part 7 Following the Yellow Brick Road I found the Applications feature on LinkedIn. Featured Applications LinkedIn Applications enable you to enrich your profile, share and collaborate with your network, and get the key insights that help you be more effective. Applications [...]

Entrepreneurial Mindset – Option or Must for a Start-up? by Daniel Stoica Accounting Professional

Entrepreneurial Mindset – Option or Must for a Start-up? by Daniel Stoica Accounting Professional Entrepreneurial spirit is being fueled by the very circumstance of executives falling off or sliding off the corporate ladder on one end of the spectrum and skilled-professional workers being laid off from the corporate world on the other. Record numbers of new companies [...]