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How to set up a small scale biotech company? |
Biotech company with minimal capital investment and more productive Go to http://www.score.org/ to find the nearest SCORE chapter. In the upper left hand corner is a box to enter your zip code. Your nearest SCORE chapter will be on the next screen. Contact them to arrange for a free one on one meeting with a SCORE counselor about setting up a biotech company. |
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You've got everything backwards. 1. To record a cash deposit as an investment to your company: debit Cash credit Equity Account 2. To pay a bill debit Expense Account credi... YEP. But where are you paying an efile fee? Go to irs.gov and free efile. Go to Jackson Hewitt--they'll charge you to prepare your taxes, but nothing to efile. The government processes ret... Approach this with a great deal of caution. Any deal which sounds too good to be true (and this one certainly qualifies) almost certainly is. ...Because 1. It correctly identify a better project among mutually exclusive projects of different scale, time duration and risk 2. It can handle abnormal cash flows (with more than one change... Sure they can. See, for example: ... You certainly do inhabit another universe. ...No, although foreign taxes paid can generally be taken as a credit on your US taxes. ...You are misinterpreting Eisner, but since you won't see that, I'll point you to some other cases that explain things quite clearly. Lucas v. Earl, 281 U.S. 111, 114 (1930), the court s... |
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