Top Of The Week

Can you form an llc in a different state?

When wondering if it matters where to form an LLC, business owners often wonder if they can live in a different state....

Why do people start an llc in nevada?

Nevada Formation Facility has a simplified process for forming an LLC, which means that business owners can get their...

Does an llc pay self-employment tax?

This general rule implies that members of an LLC classified as a partnership are subject to self-employment (SE) tax on...

Is an llc worthwhile for a small business?

Setting up a limited liability company (LLC) is the best business structure for most small businesses because they are...

Do small businesses use llc's?

Many small businesses are organized as limited liability companies, or LLCs, because an LLC offers the same liability...

Does a corporation reduce its taxes?

 Entrepreneurship is a lucrative career that can come with tax benefits.Many entrepreneurs wonder as to whether it...

Recent Posts

Can i use an llc name that is inactive?

Can i use an llc name that is inactive?

It's important to check the availability of a business name before using it for your LLC. If a company name is inactive,...

Highlights

Do you get taxed less as an llc?

Do you get taxed less as an llc?

When to incorporate?

Recent Post

What is the cheapest way to obtain a limited company?

Filing on your own is usually the cheapest option, but completing all the forms and filing them yourself can be...

How much can be deducted in corporation tax?

The Internal Revenue Service (IRS) limits the amount you can deduct for LLC start-up expenses. Under the uniform...

Why is an llc a good option for owning a business?

The simple and adaptable business structure of an LLC is perfect for many small businesses. While both corporations and...

What happens if an LLC is created and is not used?

Even if an inactive LLC has no income or expenses for a year, it may still have to file a federal income tax return. LLC...

Can i set up a limited liability company for free?

One of the most frequently asked questions we encounter is: "How much does it cost to set up an LLC?" This question is...

Do you need money to start an llc?

It's important to note that cost, tax, and LLC laws vary from state to state, making some states more advantageous for...

Who can incorporate a limited liability company?

A limited liability company (LLC) is a legal business entity that offers certain liability protection (like a...

Does incorporation save money on taxes?

Any LLC can elect to be treated as a corporation for tax purposes by filing IRS Form 8832, Entity Classification...

Editors Picks

How much is it to register an LLC?

How much is it to register an LLC?

So you’re ready to start your business. Congratulations! You have a lot of options.According to Forbes, the United...

What are 4 benefits of owning an llc?

What are 4 benefits of owning an llc?

Benefits of forming a limited liability company (LLC), separate legal identity As the owner of a transferred business...

Does a limited company protect me personally?

Does a limited company protect me personally?

Like the shareholders of a corporation, all LLC owners are protected from personal liability for the debts and claims of...

Forming an LLC: Can You Do It Alone?

Forming an LLC: Can You Do It Alone?

When starting a business, one of the first decisions you need to make is what type of legal structure to use. Many...

Where is the best state to start an llc?

Where is the best state to start an llc?

While there are no specific laws that make it more suitable for LLCs than in other states, Delaware is the preferred...

Do you pay less taxes if you are a llc?

Do you pay less taxes if you are a llc?

One of the biggest tax advantages of a limited liability company is the ability to avoid double taxation. The Internal...