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Single-Member LLCs vs. Sole Proprietorships for Your Consulting Business

When you first start your consulting business, it will be an exciting time with a lot of decisions to make. One of the important decisions is what kind of business structure you want to have. You...

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Should I Incorporate in Delaware or Illinois?

When it comes to forming your new business, the state you choose to incorporate in is vitally important. Perhaps you live in Illinois, but you’ve heard good things about forming in Delaware. Maybe...

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How to Pay Yourself as an LLC Owner

Starting your business is an exciting time, and one vital part of that is knowing how you're going to pay yourself. Once the money's coming in, just how do you get it out of your LLC? Depending on...

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​Do LLCs Get a 1099 During Tax Time?

A Form 1099 is an official tax form that shows when income has been paid to someone who is not an employee. It’s used by the IRS to check that everyone is properly reporting any money they’ve...

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LLC vs. S Corp: Which Is Right for Your Business?

One of the primary decisions you need to make when you set up your business is what type of entity makes the most sense for your mission.

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Starting a Nonprofit? 5 Most Popular States to Begin Your Entrepreneurial Journey

Starting a nonprofit organization is certainly commendable and it can be an extremely rewarding journey. In some cases, you might even get “superhero” status from fellow friends, family members and...

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State-by-State LLC Filing Tips for Your Small Business — All 50 States

Forming a business is tricky. As a small business, one of the most important decisions is regarding whether to form an LLC or not. It’s like Morpheus asking, “Which pill will you choose?” The red...

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LLC Ownership Rights: How Do You Change an LLC Member's Percentage Share?

In business, as in life, things sometimes change. LLC ownership percentage may need to be adjusted from time to time to meet new demands, manage new circumstances or welcome new partners. The good...

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Can Green Card Holders Set up an LLC in the U.S.?

The United States is known as a land of opportunity for entrepreneurs, whether they’re natural-born U.S. citizens or immigrants from other countries.

If you are a green card holder (also known as a...

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So You Moved? Follow This Guide to Moving Your LLC to Another State

Entrepreneurship comes with its own set of perks — one of which is being able to manage your business wherever you choose. Perhaps you are moving to lower your cost of living, be closer to family or...