The Average Profit of a Food Truck: A Comprehensive Guide

What is the average profit of a food truck? Key Findings: Food Truck Business Profits and More. Starting a food truck business costs about $55,000 on average. Yearly food truck revenue ranges between $250,000 and $500,000. Read more on www.smallbizgenius.net In recent years, food trucks have grown in popularity as a trend, offering consumers an … Read more

Who Must File Colorado Form 106?

State of Colorado The Colorado S Corporation Income Tax Return, commonly known as Form 106, is a tax form used by S firms in Colorado to report their earnings, tax credits, and obligations. Who exactly must submit this paperwork, though? If a S corporation has any income, deductions, or credits from sources within the state … Read more

Old TV Commercials: Lines That Stuck With Us

What are some lines from old TV commercials? These Memorable Taglines from the 1970s Will Make You So Nostalgic “”You deserve a break today”” (McDonald’s) “”Hey Mikey! “”Don’t leave home without it”” (American Express) “”I am stuck on Band-Aid, ’cause Band-Aid’s stuck on me”” (Band-Aid) “”It’s the real thing”” (Coca-Cola) “”How many licks does it … Read more

How Much Salary Should I Take From My S-Corp?

How much salary should I take from my S-Corp? A commonly touted strategy to set your S Corp salary is to split revenue between your salary and distributions – 60% as salary, 40% as distributions. Another common rule, dubbed the 50/50 Salary Rule is even simpler, with 50% of the business income paid in salary … Read more