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4 Situations That DON’T Require An LLC
In this video, we explore four specific situations in which forming a Limited Liability Company (LLC) may not be necessary or the most suitable choice for your business. Join us as we navigate various scenarios and discuss alternative business structures that may better align with specific needs and circumstances. We
7 Legal Issues to Consider Before Selling Your Product Online
If you are considering expanding your physical business or starting a home-based business, selling your products online is a great way to reach additional customers. Before you sell products online, there are several legal issues you should know to ensure that your business complies with the law and that your
Does Your Home-based Business Qualify for the Home Office Deduction?
According to the Small Business Administration, about 50% of all businesses are home-based. If you are one of the many owners of a home-based small business, consider whether your home office meets the IRS requirements for the home office deduction, which is a sometimes overlooked way to reduce taxes. How
5 Steps to Take When Winding Down (Closing) Your Business
There are many reasons business owners close shop (winding down), including retirement, starting a new venture or, hopefully, because they’ve won the lottery. No matter what the reason, it’s important to diligently wind down a business before moving on. Here are five steps to take: 1. Reach Consensus If you’re
What You Need to Know about Hiring Virtual Workers for Your Small Business
As a small business owner, you may be considering using virtual workers to expand your workforce. A virtual worker is an employee who uses technology to complete their duties outside of the traditional workplace setting. Many businesses today find this workforce model attractive for several reasons. For one, having a
Can A Limited Liability Company (LLC) be Taxed as An S-Corp?
In this video, we explore the intriguing question of whether a Limited Liability Company (LLC) can be taxed as an S-Corporation, unraveling the possibilities and implications of this tax classification option. Join us as we navigate the world of tax classification for LLCs and delve into the nuances of an
What Are The Disadvantages of An S-Corp?
In this video, we delve into the disadvantages of an S-Corporation, providing a comprehensive understanding of the potential drawbacks of this unique business structure. Join us as we explore the potential disadvantages of an S-Corporation and discuss the factors to consider when weighing your options. Our knowledgeable host will guide
Corporation vs S-Corporation – What are the differences?
This video delves into the differences between a Corporation and an S-Corporation, providing a comprehensive understanding of these distinct business structures. Join us as we compare and contrast the features of Corporations and S-Corporations, highlighting their advantages, disadvantages, and legal implications. Discover the unique characteristics of Corporations. We’ll discuss their
Important Upcoming Compliance Deadlines for Your Business
Busy small business owners have many tasks on their plates: A significant one is staying on top of important tax and filing deadlines. These important dates may vary depending upon the business’ structure. Here are some of the most critical deadlines business owners may need to meet over the next
How to Form an S-Corp in California?
In this video, we provide a step-by-step guide on how to form an S-Corporation in California, equipping you with the knowledge and tools to navigate the process successfully. Join us as we break down the key steps in forming an S-Corporation, from initial planning to completing the legal requirements specific
What Is An S-Corporation (S-Corp)?
In this video, we explore the concept of an S-Corporation and provide a comprehensive understanding of this unique business entity. Join us as we delve into S-Corporations’ world and unravel their distinctive features. Our knowledgeable host will guide you through the intricacies, making complex concepts accessible to viewers of all
Is A Limited Liability Company (LLC) Incorporated?
In this enlightening video, we explore the question of whether a Limited Liability Company (LLC) is incorporated, providing a comprehensive understanding of the legal structure of an LLC. Join us as we navigate the world of LLCs and unravel the legal aspects of their formation. We will guide you through
