The S Corp election deadline is just around the corner. Here's what you need to know if you want to reap the tax benefits of an S Corp in 2019.
Wondering how to start a tutoring business? This step-by-step guide will help you through the planning and launch process.
What do you need to do to get your startup off the ground before next year? These steps to start a business will give you the direction you need.
Finish 2018 right with all of your business compliance requirements in order. This end of year business checklist will help.
s it OK to use your residential address as your business address, too? Here's what to consider before you use your home address to incorporate a business.
Entrepreneurs and startups have recently become very unclear about how to start an Amazon business because the responsibility of online sellers to collect and remit sales tax has been an issue under debate for quite some time.
Entrepreneurs who have brick-and-mortar stores in jurisdictions that have enacted sales tax clearly must add state (and sometimes local) sales tax to customer’s bills when selling taxable goods. And then send they must send those funds to the proper tax authorities.
But what if you sell your products online to customers in other states? The rules haven’t […]
Knowing your how to start a business checklist for a home based business may sound simple to most people. With no need to rent or buy office space and worry about setting up workstations for employees, how tough can it be, right?
Well, although setting up shop at home offers some degree of simplicity, business owners who work out of their homes still face some of the same legal considerations companies with dedicated places of business do on how to start a business from home.
If you’re contemplating about launching a business and how […]
Before forming an LLC, many entrepreneurs ask about the standard LLC tax rate to see if this form of entity is a solid option for their new business. This is an excellent question and one that can be best answered by exploring what an LLC is and how it is taxed.
The LLC (limited liability company) business entity type is one of the most popular selected by small business owners. It shields the owner’s personal assets from the liabilities of the business and may result in some tax savings to boot. The LLC […]
How much do you value your accountant? If you answered “plenty!” then you’re in good company.
According to a survey* by Wasp Barcode Technologies, small business owners ranked accountants as the most important professional to their businesses. Not surprisingly, when asked how familiar the business owners are with accounting functions, most answered in the middle range. Most business owners would never attempt to file their business taxes without the help of an expert accountant, so why wouldn’t you turn to your accountant for help with business formation, too?
Most business owners hire an accountant […]
It seems like you just got your business taxes handled for 2017, and now you must start worrying about 2018 taxes. That’s because the tax reforms signed into law last December under the Tax Cuts and Jobs Act will most definitely affect your business taxes—and possibly your company’s legal structure as well.
And you might be wondering how to avoid a hit like that in the future. Maybe it’s time to change your business legal structure.
If you’re self-employed and operating as a sole proprietor, I suggest exploring if a change in legal structure […]