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Quotes
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“ Missing the deadline can subject you to penalties or even put your entity into bad standing. ”
By Nellie Akalp -
“ If you're not ready to legalize your business by incorporating or forming an LLC, but are planning to still start your business, you should definitely make sure your business' name is available via a free business name search. ”
By Nellie Akalp -
“ While the law may be somewhat different state to state, for federal purposes, the general distinction between independent contractors and employees is the extent to which the employer exercises control over the work of the individual in question. ”
By Charley Moore -
“ With a filing date of January 1, you'll save time when filing a tax return for that year, because the business doesn't need to file two separate tax returns for the unincorporated entity and one for the new C-Corp, S-Corp, or LLC. ”
By James Pratt
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It's the end of the year. It's an important time to take stock of your legal and tax considerations as a start-up. There are several important items you on which you should take action before you take off for the mountains. (Hey, who are we kidding? You're working in a start-up, and you'll probably be at your desk while everyone else is on "break.") If your business is a corporation or an LLC, you must make sure to file your annual report (also known as a "Statement of Information") with your s



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