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March 13, 2007

Taxes: What To Do If You Cannot Pay

The Income Tax deadline is coming up in about a month and even you have until April 17th to file, you need to start preparing your taxes if you have not already. For most of you LWLers, you will be filing a 1040 with schedule C.

I just ran across an excellent article by Joyce Rosenberg advising small business owners on what to do about paying income taxes if you don't have the funds.

1) If you have to file an extension, then you still have to estimate your tax liability and report it to the government. So it may be better to bite the bullet to file since you still have to have a good idea of how much taxes you owe.

2) You can set up an installment payment plan with the IRS. If you are going to go that route, you will need to file Form 9465 and there is an administration fee of $105.

3) To prevent this from happening next year, work on better cash management and set aside for tax payments throughout the year.

March 08, 2007

What’s in a (domain) Name?

I’m thinking about naming my kids Olive and Caper — “so that they know preciously why they hate you,” jokes my mother.

Taste in baby names is one thing; taste in domain names is another.

What is a domain name? How do you pick a domain name? How do you maximize the effectiveness your domain names? Read on.

What is a domain name?

First, for anyone who doesn’t know a domain name is your address online. For example, www.ladieswholaunch.com. It’s also referred to as a URL.

Here’s the great news: domains are cheap! Dirt-cheap! If you tire of one you can register another. And birthing them is a hellva lot easier than kids from what I hear.

Continue reading "What’s in a (domain) Name?" »

March 05, 2007

Love Those Ongoing Incubator Meetings!

fashionmistaby, FashionMista

Brrr!!! (picture of cold nyc night from my window is below)

As usual, the Ongoing Incubator meeting for the month poured energy and confidence into every attendee pitching her ideas to traveling groups around a room. Yes, we traveled in groups, by color and number, and practiced pitching our companies to each other, but then there was a twist. At each destination, we had to answer a special question: what was your biggest accomplishment of 2007 (projecting); where will you be in 2012 (aka the dreaded 5 year plan question); how have you helped the world.

All such open ended questions we just made up answers to on the spot, or for some, the answers have seeded and it's a pleasure to express where we truly hope to be in a year or five. This form of networking, or group therapy, or whatever, is like AA but for launching ladies, like "I'm going to LWL" and instead of reaffirming how you won't drink, you're reaffirming how you will launch, and keep launching.

And then it was so fun catching up with everyone, like little Kayla Designs with her super special jewelry, Reel Invitations, and a few others who don't have websites yet. Then there was Kathlin Argiro who've I'd never met, but had referred another designer friend to from a design group in my life, who I have also never met, and the two were like long lost soles! Then I saw Alexandra the personal stylist, but how could I have missed her in her very designy/artistic dress from some fabulous designer?

Of course the evening left me so bubbly, that I had to type about it. And believe me, I've fallen off the blogging wagon because since I quit my job to expand and take Katie James full time (Yes! third day on the job for Katie James!) I've actually been quite busy launching the much needed beauty product review site, MyBeautyBeat.com (ps: she's got a review on Fresh's rice face cream)!

So as the wind blows around and inside of my apartment, I've decidedly ignored gmail to go straight to this LWL blog, and then to my blog if I still have the energy, FashionMista, while under the covers of my velvet topped bed, dog curled up at the foot of it, with a hostess chocolate bad thing right next to me to take care of the persistent PMS craving.

Happy Launching!

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