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Clearing Up Confusion About Disregarded Entities

A disregarded entity is a business that elects not to be separate from its owner for tax purposes. Learn about related tax and liability issues.

Actived: Thursday Jul 2, 2020

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Coupon - What is a Coupon? - Retailing Terms

The beauty of coupons is that they bring value to your brand while protecting your margins. For example, if you run a sale on shoes in your store at 20% off, then every pair of shoes you sell will be 20% off reducing all of your margins by 20%. However, if the only way to get the 20% off was with a coupon, then only those shoes would be discounted.

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Creating Coupon Promotions: Tips for Retailers

As coupons continue to be an inexpensive form of marketing, nearly half of all retailers reported offering consumers some form of bonus coupon program. This means your competitors are probably utilizing coupons in their marketing plan and maybe should you too. Other reasons to use coupons include:

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How to Start a Coupon or Daily Deal Site

Coupon sites offer coupons or resources for coupons whereas daily deals offer deals for a product or service. Running a coupon site allows you to use affiliate or aggregator sources and pays a percentage. Daily deals, especially those you negotiate yourself, can pay up to 50%. It is possible to have a site that offers both.

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How to Make Effective Coupons

Designing coupons can be a fun way for you to show off your creative side. But there are some important features that all coupons should contain, whether they are for products or services. The right coupon campaign can bring in repeat business, attract new customers,

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Buy One Get One Marketing Events

And buy one get one, or BOGO for short, is compelling. Like many offers, it is the perception that is most important, not the reality. In fact, the reality is if you do a BOGO 50% off, it is the same as 25% off your entire purchase for the customer, but it feels like so much more.

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How to Charge GST/HST on Discounts

For a discount offered at the time of sale, you charge GST/HST on the net amount (the sale price minus the discount).So for instance, if a customer bought ten dancing hula lamps that normally cost $100 each and you were offering a 10 percent discount on that item, you would charge the customer GST/HST on the net amount of $900 ($1000 minus the $100 discount).

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Recording Cash Sales With a Discount

The store is having a sale and everything is 10% off. A customer has taken advantage of the sale and purchased. 3 pairs of socks for $12.00; 2 men's shirts for $55.00; The sub-total, not including the discount, is $67.00. The sales tax in your state is 6%, making the sales tax due $4.02. The discount afforded to the customer is $6.70, making

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How to Deduct Employee Gifts, Awards, and Bonuses

Bonuses to employees are considered income and are taxable to the employee. You must withhold income taxes and FICA taxes on employee bonuses (unless the employee is over the Social Security maximum for the year. If you decide to give your employees a bonus, you must give them the opportunity to change their withholding authorization (on Form W-4) for that paycheck, and change it back for

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What to Know Before Making an Offer on eBay

To test the market: The seller may only want to entertain offers and see what the market will bear.An item is only worth what someone is willing to pay for it. A woman who wears a size 8 Anthropologie dress may only want to pay $25 for her dresses, while another woman who may really love the brand and have trouble finding her desired size and style may pay $60.

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Back to School Promotion Ideas

Back to school means different schedules for parents, too, and for some, more time to do things for themselves or things they've been putting off. Personal care businesses, such as hairdressers, manicurists, and massage therapists can offer discounts on "they've-gone-back to school" appointments.

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