Electing S Status – It’s Not Just an Accounting Issue
Many small businesses start out as LLCs. It is easier to form and run. There is no company tax return and all the income passes through...
The Taxman Cometh… Pay Him
Sometimes, struggling business owners don’t pay taxes when cashflow is slow. This is always a mistake. Once a business falls behind in...
“I’ve heard….”
Many potential clients have heard they should incorporate or form an LLC in Nevada because there are “no taxes” or in Delaware “because...