If you are looking to incorporate your business, you’re probably wondering whether you should form an S corporation or C corporation. S-corps and C-corps have quite a bit in common with one another. However, there are some key differences that you should be aware of when choosing between the two. S Corporation or C Corporation: …
There are many benefits to incorporating your business, no matter how small it is. A corporation or limited liability company (LLC) allows you to keep your business debts separate from your personal assets. So, if your business is ever in debt, creditors cannot go after your personal assets for repayment. You will be also able …
Taxes may be one of the few certainties in life, but when it comes to understanding how they work, it is normal to feel, well, uncertain. On a yearly basis, the IRS adjusts more than 40 tax provisions for inflation. Inflation is the rate at which the average price level of goods and services in an economy over a period …
Have you ever wondered what is the best state to form an LLC? the most common states would be Nevada, Wyoming, and Delaware. However, the best state to form your LLC would be your home state. Believe it or not the disadvantages of forming your LLC outside of your home state outweighs the perceived advantages. …
Are you looking to start your own business? We’ve prepared this article just for you; here are the 7 best small business ideas or opportunities you can try. But first, you will need to assess the marketplace and decide for yourself if you have enough passion for the idea and commit to building it into …
When it comes to choosing the right name for your new business, the numerous amount of options can appear a little overwhelming. However, choosing a name can make or break your business so take the moment to let your mind run free and be creative! Using a business name generator is one way to help …
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