Forming a company is more than just incorporating with legal documents. There are six key steps to formation that all take time to follow through and complete. Each step has requirements of their own. You can read our blog post on how to form a company here. In the meantime, let’s glance at the length of […]
As a self-employed entrepreneur, solopreneur or freelancer, you have been planning this move for a long time. You figured that since you can work from anywhere, why not take advantage of it and become a digital nomad. You made a list of everything you need to do before you take on the world as a […]
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 you simply want to explore another area of the country. Regardless of the reason, it’s important to know […]
Let’s say you are a non-United States citizen who is looking to form an LLC in the U.S. We’ve got you covered on everything involving the difference between foreign, domestic and international LLCs.
Entrepreneurs can avoid double taxation and lower their tax rates through incorporation, especially by forming an S Corporation from their existing LLC or C Corporation. Many LLC members pay a self-employment tax that can be reduced to a lower payroll tax by forming an S Corporation and allocating a small portion of profits for personal salaries, according to Wayne Davies […]
One of the most important elements of filing your small business taxes should be easy to remember — filing a Schedule C form.
Business insurance may seem like an added expense that isn’t absolutely necessary. This is usually a mindset found in those business owners who don’t understand the purpose and benefits of having insurance.
If you’ve filed your Articles of Organization for your California LLC, you’re well on your way to starting your business in the sunshine state. However, have you begun filling out your form LLC-12 yet? Or have you been in business for more than two years? Were there changes to the leadership in your LLC or have […]
Many small business owners think that they can get by without forming an LLC and instead decide to operate with a DBA, also known as “Doing Business As” and fictitious business name. What is DBA or Fictitious Business Name? A DBA is often used by sole proprietors that want to operate their business under a separate […]
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. […]