Starting a business is an exciting journey for many hopeful entrepreneurs. However, it can also be intimidating, overwhelming and incredibly scary stepping out on your own. You may have the business side of things under control and mapped out, but now you have to focus on the legal requirements to officially launch a business corporation. […]
Does an LLC have stock & shareholders? An LLC is a special tax classification that allows a company to assign members, but an LLC does not issue stock.
Are you considering forming an LLC in Nevada? This article breaks down the benefits and drawbacks of choosing Nevada as the location to register your LLC.
Amazon is one of the largest, best known, fastest growing and most highly valued companies in the world — but did you also know that Amazon is an LLC?
Financial advisors who are setting up a new practice or re-evaluating their choice of business structure for an existing practice might want to consider the differences between an LLC vs. S Corp. What are the advantages of each? How can your business choose a corporate structure to maximize the available tax deductions for financial advisors […]
Forming a Nonprofit Corporation will not only make you more accessible to potential donors. It will can your organization credibility and help you protect your personal assets, too. Unlike a for-profit Corporation, a Nonprofit Corporation is not designed to make a profit for shareholders. Instead, it is established for a specific noncommercial purpose, such as […]
S-Corporation vs LLC: Which Is Best for Your Business? For many business owners, selecting the right entity comes down to a choice between the Limited Liability Company (LLC) and the S-Corporation. These are the two most common forms of small business incorporation, with S-Corporations, or S-Corps, being the most popular business entity in America. […]
You should choose a name that represents the purpose of your nonprofit corporation. If you incorporate through IncFile, we will request a first and second name choice for your nonprofit and complete a name availability search to assure that your name is available and not deceptively similar to any other legal entity. Further, you must […]
According to a report from CNN Money, President Barack Obama is supporting a proposal to eliminate capital gains taxes on investments made in 2010 and 2011 in certain small businesses. The bill has already been passed in the House of Representatives and will soon be taken up in the Senate. At a town meeting in […]
Forming an S corporation offers a number of advantages for independent salespeople, real estate agents and others, according to certified public accountant and Christian Post blogger John Dillard. The first advantage to S corporations, according to Dillard, is that business incorporation gives the company instant legitimacy. He says if a business is not incorporated, many state or […]