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23rd September 2009
In the course of this article you will be presented with the most important reasons why you should choose the Limited Liability Company, or LLC, over the S-Corporation. All these reasons are related to giving business owners more freedom and tax advantage... Read >
Author: groshan fabiola21st September 2009
Partnerships are extremely flexible entities which makes them incredibly powerful in a tax strategy. Flexibility in a tax strategy is key because things change! I've studied partnerships for over 30 years and there are hundreds of ways to use them to pr... Read >
Author: Tom Wheelwright08th September 2009
The Flooring Contractor
Featured Articles; How much money have you lost today?
Official Publication of FCICA
How To Get Audited
How Much Money Have You Lost Today?
By Lance Wallach
The government needs money. Hopefully, after you read this ar... Read >
Author: Lance Wallach07th September 2009
How to Save Taxes with an S Corporation
Ever wondered why so many small businesses—more than 3,000,000 at last count—operate as an S corporation? Simple. An S corporation saves business owners big taxes in three separate ways:
First, as compared... Read >
Author: wbdoyle07th September 2009
There are certain legal requirements for people who want to establish a business, regardless of its scale and type of industry.
Step 1: Considering the Legal Structure of a Business
This is the first step in establishing a business that will allow p... Read >
Author: Mesriani Law Group07th September 2009
When getting started in real estate investing so many things come at you at once that it can be an intimidating process. It may look a little like this:
What techniques will I use? Should I wholesale? Retail? Wholetail? Hold? Pre-rehab? Rehab? Take pr... Read >
Author: Alan Friedman06th September 2009
What type of investing is best for you?
When getting started in real estate investing so many things come at you at once that it can be an intimidating process. It may look a little like this:
What techniques will I use? Should I wholesale? Retai... Read >
Author: Alan Friedman04th September 2009
The way the market is right now you have to take advantage of creative ways to take out healthcare expenditure instead of waiting for healthcare costs to be cut by the government. According to the National Coalition On Health Care, employee donations hav... Read >
Author: C R Bolden03rd September 2009
When starting or expanding a business, many owners wonder if they should form a business entity and, if so, which one they should use. There is a wide variety of information and "pitches" being made on the Internet regarding the benefits of certain entiti... Read >
Author: wbdoyle03rd September 2009
Getting a corporation designated as an “S” can be a bit confusing. If you are committed to getting an “S” corporation, here is how you do it.
“S” Corporation
The “S” in S corporation refers primarily to a tax designation. While elect... Read >
Author: wbdoyle24th August 2009
In the field of today’s marketing setting the weakest link is in the integration of online marketing for offline business. A well designed web site and a carefully systematic print or electronic campaign are both terribly crippled if they aren’t tight... Read >
Author: Matt Thompson18th August 2009
Most of the time, an S corporation does not pay federal income taxes. The essential feature of an S corporation is that shareholders pay the taxes on income?not the corporation. However, three situations exist whereby an S corporation may end up paying ta... Read >
Author: Stephen L. Nelson13th August 2009
Now is the Time to Invest in Real Estate with your Self-Directed IRA
Are you “in the know” about this extremely valuable investment tool – the self-directed IRA? Statistics show that there are approximately $4.2 trillion dollars in IRA’s in thi... Read >
Author: Patricia Reynard Hightower10th August 2009
Before venturing into corporation establishment, it is a good idea to consider if this is the best form of business structure for you and your partners.
To start with, it is important to know what makes a corporation and what makes it different from ot... Read >
Author: Mesriani Law Group08th August 2009
While there are many advantages to running a Small Business, there are inherent pitfalls if it is not run efficiently and effectively. Tax Planning is a key element that needs careful attention. This is a year-round process with meticulous details being p... Read >
Author: rickcarstens31st July 2009
Recent IRS statistics say that S corporations represent the most popular form of small business corporation. That's understandable. S corporations provide some powerful tax savings benefits for small business owners and investors.
Unfortunately, the S ... Read >
Author: Tom Wheelwright24th July 2009
Are you IT Networking Corporation looking to put in Surveillance installation to your tune-up contributions? You are not without help! In the future there are going to be more and more businesses that will have IT networking backdrop toting up this servic... Read >
Author: Alien24th July 2009
The Strata Act was introduced in 1961 in Australia. This Act entitled owners of a owners, who owned a particular part of the building, to receive a title deed. Prior to this Act, it was not possible for a owner in Australia to own a title deed for a part ... Read >
Author: MMAMemories.com23rd July 2009
Limited Liability Company (LLC) is a business structure that provides many advantages to its members such as:
• Tax advantages. The taxes are acquired on each member’s tax returns and there is no requirement to pay additional corporate taxes unli... Read >
Author: Mesriani Law Group21st July 2009
One in three businesses fails within the first year. However, that statistic drastically drops when you enter into the equation a franchise business. Why is this? Well, it's simple. When you purchase a franchise you aren't just purchasing a name (which in... Read >
Author: Robert Palmer19th July 2009
IRS Summertime Tax Tip 2009-02
Anyone starting a new business this summer should be aware of their federal tax responsibilities. Here are the top seven things the IRS wants you to know if you plan on opening a new business this year.
1. First, you m... Read >
Author: kinal30th June 2009
I find that most people have a good grasp of the basics when it comes to entities, but are often missing the little things that can have a huge impact (good and bad) on tax savings. I have a real-life story that captures this well.
Pierre is starting ... Read >
Author: Tom Wheelwright29th June 2009
Real estate investors sometimes think about using S corporations for real estate investing. And the idea sounds promising. Almost everybody knows that S corporations are popular. And many people even vaguely know S corps deliver some big tax benefits to s... Read >
Author: Stephen L. Nelson27th June 2009
Confused About Whether You Should Incorporate Your Home-Based Business?
The Balancing Act on Lifetime Television Explains the Benefits
To incorporate or not to incorporate? The Balancing Act on Lifetime Television knows there are millions of wo... Read >
Author: robertprice910th June 2009
The word incorporated usually stands for the establishment of a new business or organization, both for profit and non-profit purposes. Processing a establishment such as this usually involves the creation and registration of the name and logo of a company... Read >
Author: Robert Bell03rd June 2009
Subchapter S corporations can produce big tax savings for some small business entrepreneurs. For one thing, by making the election to be treated as an S corporation, the business pay no corporate income taxes. And working entrepreneurs often minimize thei... Read >
Author: Stephen L. Nelson01st June 2009
Nowadays, more and more people go for online business ventures as they perceive the best way out to sustain a good living from the global economic crises felt worldwide. Online business gives you the ability to make an independent enterprise and make you ... Read >
Author: Armil Velos01st June 2009
Mainly for satisfying the idea of supporting one's corporation through the help of the company name, logo design, message and the slogans which are importantly embossed on the promotional items, one can straightforwardly come across an array of promotiona... Read >
Author: JessicaThomson01st June 2009
Mainly for satisfying the reason of supporting one's corporation through the help of the company name, logo design, message and the slogans which are prominently embossed on the promotional items, one can straightforwardly come across a collection of prom... Read >
Author: JessicaThomson19th May 2009
Bankruptcy normally implies a new start for people who are going through financial distress. Though many believe that this financial state is for people who are irresponsible with their spending habits, this is just a misconception, since there are people... Read >
Author: Peter Gitundu18th May 2009
If you’re ready to form an LLC in California, the best course of action is to hire a professional who specializes in the formation of Limited Liability Companies and corporations. If you make rookie mistakes, it could have a huge impact on your business... Read >
Author: DirectTM18th May 2009
If you want to form a Limited Liability Company that will be taxed as an S Corporation, you’ll want to know some basic information before you start a business. Many people choose to form their companies as an LLC but with the S Corporation taxation elec... Read >
Author: DirectTM18th May 2009
Now that you’ve decided to start a business, you’ll want to take a positive step and form an LLC to protect your personal assets. Forming an LLC and starting your business off with a strong foundation (vs. a sole proprietorship) will be one of the mos... Read >
Author: DirectTM12th May 2009
Perhaps not surprisingly, some sales today are rising out of sheer necessity, like buying food, clothing and shelter. In fact, men and women today are in the midst of a significant re-ordering of their priorities back to the basics.
For example, the ... Read >
Author: James O. Armstrong08th May 2009
Market trends show that the true market still lies in the hands of those commonly referred to as "Baby-boomers" and no matter what trends seem prevalent, the fact remains that money is to be found in the hands of their elders. Try as they may, the upcomin... Read >
Author: Robert Bell29th April 2009
Opting the right and most suitable promotional products for one's corporation has become a need today. In the promotion world of today, marketing your enterprise with the best promotional products is deemed as one of the latest craze which is followed pos... Read >
Author: JessicaThomson29th April 2009
Opting the right and most apt promotional products for one's corporation has become an essentiality today. In the marketing world of today, marketing your corporation with the best promotional products is considered as one of the latest craze which is fol... Read >
Author: JessicaThomson23rd April 2009
Corporate law covers all issues that pertains to the regulation and formation of corporations. These corporations are recognized as a separate entity that possess its own liabilities, privileges, are rights that are not the same from those of its members.... Read >
Author: Mesriani Law Group02nd April 2009
The reason clients ask these questions is because they hope to minimize paperwork (tax filings) and enjoy the perceived “flow-through” or “pass-through” tax benefits of those other entities.
Some of the most frequently asked questions we get from... Read >
Author: borsaplan25th March 2009
Do you know what four of the most important things every business needs to do to get the money they need.
Creating business credit is not as simple as putting your business name on a credit application. Unless you use certain strategies when creating y... Read >
Author: Pat Gage16th March 2009
Do you own a corporation but don't think you'll complete the 2008 corporate income tax return by the March 16 deadline? This article explains how to file an extension without a hitch, giving you until September 15 to file the return.
If your small bus... Read >
Author: Wayne M. Davies13th March 2009
This article is for small business owners who currently run their business as a C corporation or limited liability company (LLC). If you fall into either of those categories, read on to find out why filing Form 2553 by March 15 could be the best thing you... Read >
Author: Wayne M. Davies11th March 2009
A big part of the tax savings an S corporation provides stems from lower payroll taxes which, in turn, stem from low shareholder-employee salaries. Reclassifying $10,000 of shareholder-employee salary as, for example, distribution, often saves about $1,50... Read >
Author: Stephen L. Nelson10th March 2009
If your small business is a corporation, March 15 is the most critical tax return deadline of the year - even more important than April 15. Find out why in this article.
First, some good news. The March 15 deadline is actually March 16. Go ahead and br... Read >
Author: Wayne M. Davies03rd March 2009
Businesses can operate as various different types of legal entities. The entity you choose depends on your business- your tax concerns, level of liability protection, personal finances, and long term business goals will all impact the decision. The most ... Read >
Author: Resource Nation02nd March 2009
Recent Internal Revenue Service data show that S corporations represent the most popular form of incorporation. That's understandable. S corporations often save lots of tax for small businesses.
Unfortunately, the S corporation's extra accounting compl... Read >
Author: Stephen L. Nelson02nd March 2009
Looking for an effective tax reduction strategy for your small business? This article explains how to reduce your taxes by choosing to be taxed as an S corporation.
Question: What do all the following small business owners have in common? 1) C corporat... Read >
Author: Wayne M. Davies02nd March 2009
If you fall into one of these three categories, this article is for you: 1) you own a sole proprietorship; 2) you are a partner in a partnership; or 3) you are the owner of a limited liability company being taxed like a sole proprietorship or a partnershi... Read >
Author: Wayne M. Davies23rd February 2009
Are you a small business owner who's frustrated about taxes? You face a mind-boggling array of choices when it comes to figuring out what is and is not deductible on your income tax return each year. And just when you think you've got this tax system figu... Read >
Author: Wayne M. Davies31st January 2009
Steps that you need to take on the way to set-up your consulting business ---
Choose your legal structure-- It is best to formalize your business structure right from the beginning, both for the legal and the tax considerations.
The basic business en... Read >
Author: Renjo23rd January 2009
Copyright (c) 2009 William Piner
A greeting to you all my friends, it is time to write another year end tax planning article. What shall we discuss? What can I tell you all that will offer some sort of financial revelation helping with both your income... Read >
Author: Ron Piner, CPA09th January 2009
The complexity of our tax code is especially burdensome to the small business owner. Here's three keys to understanding the U.S. tax system.
1. Forms, Forms and More Forms
Regardless of what entity type you own, each entity has a long list of busin... Read >
Author: Wayne M. Davies08th January 2009
Trying to get a handle on the complex world of small business taxes? There are plenty of good resources available, both online and offline, for free and not-so-free.
I'm assuming you want to postpone spending any money on a topic you may prefer not to ... Read >
Author: Wayne M. Davies06th January 2009
As a new entrepreneur or small business owner, it can become a daunting task to determine the legal stance of your business. Corporations are favored because unlike sole proprietorships and partnerships, corporations provide liability protection. The busi... Read >
Author: Joe Cline19th December 2008
The advantages are incorporating your small business are many.
For starters, you'll be protecting yourself and your family from the possibility of a business ending lawsuit. Forming a corporation is Step One on the path known as "Asset Protection" -- y... Read >
Author: Wayne M. Davies18th December 2008
Lately, I've had a lot of people asking me whether they should incorporate their business and if so, what form of entity to use. Of course, there is no universal answer. If there was, there'd be only one kind of business entity.
Before we talk about w... Read >
Author: Alexis Martin Neely17th December 2008
For the small business owner or self-employed person, both the sole proprietorship and the general partnership put you in the world of unlimited liability.
All your personal assets are at risk. A business-related accident or lawsuit could literally wip... Read >
Author: Wayne M. Davies01st December 2008
The U.S. Treasury now says that S corporations outnumber regular business corporations. But that shouldn't surprise. S corporation tax treatment typically saves thousands of dollars a year in taxes per shareholder-employee.
S corporations, unfortunatel... Read >
Author: Stephen L. Nelson30th November 2008
S corporations, according to the Internal Revenue Service, have become the most popular form for doing business in the United States. As a result, business owners and entrepreneurs must know how business planning for an S corporation differs from planning... Read >
Author: Stephen L. Nelson23rd October 2008
A limited liability company (which is commonly abbreviated as LLC) offers limited liability to its owners as a legal form of business company in the United States. Many small business owners are drawn to this type of business formation because it offers l... Read >
Author: Thomas09th September 2008
If you envision of changing your small company into company that will be a hub of good ideas for the reason
that once you form a company and considered it to be more of the personal responsibility for facing no loss in the
business. If one is seek... Read >
Author: Samantha Bryants22nd August 2008
5 Big Mistakes to Avoid When Building Business Credit
There are countless entrepreneurs today operating their businesses in a manner that puts them at great personal risk—risk of being hounded by creditors, poor financing offers on new cars, and even ... Read >
Author: Trent Lee29th July 2008
Introduction - s vs c corp
Self-Employment Taxes - C corporation vs S corporation
One of the main reasons people set up an S corporation or make the S corp tax election for their LLC is to save self-employment taxes.
The tax rate is 15.3% up to $... Read >
Author: Nick Braun EA PhD29th July 2008
Introduction
Tax Treatment
LLCs enjoy very favourable tax treatment. They don’t have their own set of tax rules and there’s no such thing as an LLC tax return. What makes them special is that members can choose how the business is taxed.
A si... Read >
Author: Nick Braun EA PhD25th July 2008
Running an internet home business or any small business for that matter involves some degree of risk.
The business could fail and if you are not protected creditors will be coming after you. There is also the very real possibility that your business co... Read >
Author: John McRae22nd July 2008
Introduction
There are two types of corporations:
•S corporations, and
•C corporations
We will take a close look at the drawbacks and S corporation advantages, also known as S corps.
S corps offer limited liability and simple tax treatmen... Read >
Author: Nick Braun EA PhD18th July 2008
Incorporating a business often makes good legal and tax sense. Absolutely.
But new entrepreneurs need to know that a handful of incorporation scams often ensnare small businesses. And that is truly unfortunate. Getting entangled in an incorporation sca... Read >
Author: Stephen L. Nelson05th July 2008
More than 3,000,000 businesses operate as Subchapter S corporations. But that's not really a surprise if you understand a bit about tax law. An S corporation doesn't pay corporate income taxes, which can take as much as a fifty percent whack out of profit... Read >
Author: Stephen L. Nelson03rd July 2008
When deciding to engage in a business venture in the United States, Los Angeles is one of its states to be considered. It is one of it states where there is an abrupt raise on economic condition.
What is Business Law?
Business law commonly known as ... Read >
Author: Mesriani Law Group02nd July 2008
Many businesses start life as an s-corp and when profitable become c corps to benefit from income splitting and fringe benefits. Alternatively they form an LLC which is simpler to form and operate but offers the same personal liability protection.
S co... Read >
Author: Nick Braun EA PhD02nd July 2008
Both sole proprietors and partnerships can convert to a limited liability company. Owners of LLCs are called members, not shareholders.
Until recently some states did not allow one-member LLCs . This is no longer the case. One-member LLCs are allowed i... Read >
Author: Nick Braun EA PhD26th June 2008
Moody's credit rating is what many corporate lenders listen to when assessing a business or corporation for a loan. Founded in 1909, Moody's corporation does many things such as financial research on commercial businesses. They also will perform analysi... Read >
Author: JR White20th June 2008
Running your small business as an LLC or limited liability company? Installing the QuickBooks accounting software in your situation can be complicated. But in a sense, that's a good thing. The complexity comes from the financial flexibility that your limi... Read >
Author: Stephen L. Nelson13th June 2008
Small business owners usually minimize their taxes by operating as a sole proprietorship, partnership or S corporation. Or by operating as a limited liability company taxed as a sole proprietorship, partnership or S corporation.
However, even though C ... Read >
Author: Stephen L. Nelson04th June 2008
The Limited Liability Company (LLC) is a terrific tax entity. The number one reason is its flexibility. Specifically, an LLC can be taxed as:
a sole proprietorship
a partnership
a C corporation
an S corporation
An LLC is not a tax entity, it is... Read >
Author: Tom Wheelwright25th May 2008
According to the IRS, S corporations now outnumber regular corporations.
The popularity of Subchapter S corporations shouldn't really surprise people, however. S corporations provide two big tax savings to small business owners. First, they typically d... Read >
Author: Stephen L. Nelson23rd May 2008
New business owners always seem to wring their hands over the incorporation question. Should they, or shouldn't they, incorporate their new business. Or, no, wait. Maybe an S corporation or limited liability company makes more sense?
This obsessing ove... Read >
Author: Stephen L. Nelson08th May 2008
Corporations
Corporations are a legal entity owned one or more shareholders. They can be private or public like Ford, Microsoft, Federal Express, etc.
As a real estate investor, you can create your own private or closely held corporation by filing a... Read >
08th May 2008
Limited Liability Companies and Your Second Home
By
Brian P. McMahon
www.tpalaw.com
If you own a second home, a vacation home, vacant or rental property, it should be owned by a limited liability company (“LLC”). A word of caution, a LLC is usu... Read >
Author: Brian P. McMahon26th March 2008
The Limited Liability Company (LLC) is a terrific tax entity. The number one reason is its flexibility. Specifically, an LLC can be taxed as:
- a sole proprietorship
- a partnership
- a C corporation
- an S corporation
Do you know how your LLC is... Read >
Author: Tom Wheelwright20th March 2008
The number of IRS audits increased in 2007. See my recent article "IRS Ramps Up Audits" to read more about what is causing this increase and who is targeted. What can you do to be prepared?
#1 Build a defense for your rental real estate losses.
Wh... Read >
Author: Tom Wheelwright07th March 2008
Use Captive Insurance Companies to Save Money
www.vebaplan.com
Have you seen the commercials where certain companies advertise they can settle an IRS debt for “pennies on the dollar”? Usually the offer is too good to be true. Besides, you never ... Read >
Author: Lance Wallach12th February 2008
Death and taxes are those two things you can never escape. When forming a corporation, making your tax year designation is a fundamental step you need to take carefully.
Taxes are defined by something magical known as the fiscal year. It is a 365 day ... Read >
Author: Richard Chapo15th November 2007
When considering the best approach for incorporating your business, many small business owners lean towards the solution of incorporating online. As a small business owner choosing to incorporate online provides you with several online services to help wi... Read >
Author: Wayne Hemrick06th November 2007
The question of why to incorporate a business has a simple answer: a corporation is a legal fiction that is used to protect the business owner's personal assets from being taken should the owner be sued. If you are a sole proprietor, you might be consid... Read >
Author: Wayne Hemrick01st November 2007
Copyright (c) 2007 Juli WalshThe mere thought of an audit or a lawsuit strikes abject terror in the hearts of most small business owners. No one wants to find their business the target of an IRS audit – in fact, most of us shudder at the mere mention o... Read >
Author: justaminutellc30th October 2007
Building business credit can be accomplished regardless of your personal credit history. Business credit is essential in conserving cash flow, keeping track of business expenses and more importantly, protecting personal assets and personal credit history.... Read >
Author: Lisa Phillips21st September 2007
Companies want a safe place to conduct business that’s also cost effective. They want a nation that is stable, economically and politically. They also want to be somewhere that foreigners and foreign companies are wanted. In efforts to find this, compan... Read >
Author: Costa Vista Land22nd August 2007
The corporate entity is a very popular one with most businesses. Although traditional “C” corporations are frowned upon for small businesses, “S” corporations are viewed more favorably.
So, just what are “S” and “C” corporations? The te... Read >
Author: Richard Chapo19th July 2007
The limited liability company is a popular business entity for small businesses. Here are some common questions and answers regarding the entity.
LLC stands for limited liability company. The entity was first created in Wyoming in the late 1970s, but ... Read >
Author: Richard Chapo27th June 2007
Copyright (c) 2007 John Fraker
One of the most important issues facing the Owners of a new business ? or the owners of an existing sole proprietorship or partnership who desire asset protection - is how to choose the right entity for their business.
... Read >
27th June 2007
It goes without saying that the LLC is the media darling when it comes to choosing an entity for small businesses. In some cases, however, an LLC is at a disadvantage compared to an S Corporation.
Originating in the late 1970s in Wyoming, Limited Liab... Read >
Author: Richard Chapo16th June 2007
Why the LLC could be the Best Tax Option for Your Start-up Business.
Your start-up business is taking off. In fact, you just got your first check.
Now, you need to get that money in the bank.
You don't have a business bank account? How are you ... Read >
Author: Todd Jensen17th May 2007
There are numerous ways to slash your taxes. A savvy Internet business owner recognizes that these tax saving strategies can add up to thousands of dollars.
First, let’s take a look at two ways in which you can structure your Internet business. S... Read >
Author: Matt Bacak18th April 2007
Do you know the best legal structure for your small business? Legal structure refers to the way a business is organized. Choosing the best legal structure for your business is critical, as it affects aspects of your business ranging from tax payments to... Read >
Author: Mike Goldstein05th April 2007
College and college-bound families should be looking into a unique opportunity to save tens of thousands of dollars on college costs for school year 2007-2008.
For the very first time, there’s a loophole in the 2007-2008 Free Application for Federal ... Read >
Author: Reecy Aresty03rd April 2007
The limited liability company (aka L.L.C. or LLC) is the strongest asset protection devise for your business replacing the sub chapter "S" corporation. The LLC offers limited liability to the owners of a business and, additionally, the limited liability c... Read >
Author: Rocco Beatrice09th February 2007
More than a few people prefer to form corporations to protect their businesses, but look for a more favorable tax situation. The answer, of course, is the S-corporation.
For a long time, corporations were the dominant business entity available to mos... Read >
Author: Richard Chapo09th January 2007
As you may know, there are two types of corporations for tax and legal purposes. The “C” corporation is a more formal structure than the “S” corporation and taxed differently.
Converting from a C Corp to an S Corp
When forming a business en... Read >
Author: Richard Chapo13th December 2006
When you pool money from private lenders, you're putting funds together from two or more different private lenders.
You obviously need to look at doing something different where your state's paperwork is concerned. This means you will need to file pa... Read >
Author: Alan Cowgill12th October 2006
If you are not satisfied with your 5-9 day jobs. it's time to take action to think of starting your own business. One of the easiest and least expensive small businesses to start up is a cleaning service business. The operations are extremely easy, start... Read >
Author: Natalie Aranda22nd August 2006
-- This article deals with the process of forming a company, whether it be an L.L.C. (Limited Liability Company), or Corporation (for-profit or not-for-profit). Specifically, the author explains his thoughts on how to form an llc or corporation. For ques... Read >
Author: Chris Einkauf26th July 2006
You may be operating a sole proprietorship business right now and not even know it. If you provide contract services, say as a proofreader for a legal office, you are a sole proprietorship. Likewise, you are one, if you make extra income as a pho... Read >
Author: Howard Giske26th July 2006
Business owners need to know about their options in terms of the ownership form of their business. You may want to have an LLC (Limited Liability Company); you may want to form a Corporation. In fact, it is even possible for you to have a "do-it-yo... Read >
Author: Howard Giske15th July 2006
Copyright 2006 Peter Hayes
Franchise business opportunities are expanding rapidly. If you look at the most famous franchise in existence today is the McDonald's corporation. McDonalds has established itself around the world and is one of the leading b... Read >
13th July 2006
Copyright 2006 Konstantin Goudkov
Now that you're ready to set up a shop and call yourself an entrepreneur, the next thing you have to decide is the business structure you're going to use.
Your business structure will decide what kind of taxes and h... Read >
Author: Konstantin Goudkov05th July 2006
Significance or success. Which attribute do you want? Success is starting and finishing something. Significance is leaving a legacy of accomplishments that affect people.
How about both?
The Mastermind Group wants you to be significant and success... Read >
Author: Joel Chue18th June 2006
When forming your new business structure, you must consider the best possible alternative of the available business structures. While a sole proprietorship is the easiest type to create, there is no separate identity. Personal liability belongs to the o... Read >
Author: Nancy Woodward21st May 2006
One of the biggest challenges for anyone working at home is establishing healthy boundaries. In general, boundaries exist to create space between two things, or to stop one thing in its tracks before it interferes with something else. You are gonna need... Read >
Author: Alyson Mead21st May 2006
If you are a small business owner looking for cost cutting ideas here are ten tax planning ideas that may result in substantial tax savings. The following article highlights planning areas often missed by business owners. You should consult a qualified ... Read >
Author: Alan Olsen25th April 2006
The Sarbanes Oxley Act of 2002 (SOX) has set in place some of the toughest corporate governance standards in the world. In light of the ongoing enforcement of such accountability legislation, the need for software solutions to help organizations manage th... Read >
Author: Joe Armstrong20th April 2006
There are three main areas we need to keep in mind as the year ends:
1. Taxes
2. Corporate formalities
3. Planning for next year
The power of documentationshifting the burden of proof
For those who have an LLC (opposed to a sole proprietorship, ... Read >
Author: Drew Miles02nd April 2006
Should you operate your business as a corporation? Or is there another, simpler alternative? You've probably noticed that in the past decade there are more and more businesses with their names followed by the letters "LLC" instead of "Inc.". "LLC" stan... Read >
Author: Germaine A Hoston05th March 2006
Delaware's business friendly government with its modern laws, suitably complemented by the Court of Chancery makes Delaware the ideal place for any business to incorporate. Delaware incorporation is definitely much easier and beneficial for businesses whe... Read >
Author: Ray Smith18th November 2005
What state Incorporates more than a half-million business entities, including more than half of the Fortune 500 companies? New York? California? Illinois? No. No. No. That state is Delaware. With a population smaller than 88% of all states, this busines... Read >
Author: Jay Stockman28th August 2005
If you are going to form a corporation, you might be surprised to learn a "C" corporation comes with a lot of tax benefits. While this article isn't intended to replace the advice of a good tax professional, it may serve to open your eyes to the value of ... Read >
Author: Richard Chapo28th August 2005
Getting a corporation designated as an "S" can be a bit confusing. If you are committed to getting an "S" corporation, here is how you do it.
"S" Corporation
The "S" in S corporation refers primarily to a tax designation. While electing to be an S ... Read >
Author: Richard Chapo23rd August 2005
SELLING YOUR BUSINESS A TOOL TO REDUCE THE TAX BITE
By David M. Kauppi, MBA, CEA, CBI, President Mid Market Capital
"I would rather expire at my desk than to sell my business and pay Uncle Sam one dime in taxes." How many owners that have paid thei... Read >
Author: Dave Kauppi10th August 2005
For many small businesses, the "S" corporation is the business entity of choice. The "S" in S corporation refers to a tax designation. All corporations are created the same way under state law. A small business must then chose a tax status, to wit, "C", "... Read >
Author: Richard Chapo10th August 2005
When starting or expanding a business, many owners wonder if they should form a business entity and, if so, which one they should use. There is a wide variety of information and "pitches" being made on the Internet regarding the benefits of certain entiti... Read >
Author: Richard Chapo19th July 2005
There are many ways to incorporate a business in Florida. While companies exist to do the legwork and paperwork for you, the most direct way is to contact the Florida Department of State, Division of Corporation's website itself.
When you visit the w... Read >
Author: Dave Lavinsky03rd February 2005
Yes, the tax season is upon with the first filing date for
some businesses being March 15, 2005. If you can't imagine
getting your tax returns together by that date, you need not
worry. The IRS automatically gives you an extension if your
file the... Read >
Author: Richard Chapo
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