Transforming your hobby into a profitable business can be accomplished when you do your due diligence and get your legal ducks in a row.
Would you like to enjoy tax savings while putting money aside for your healthcare costs, both now and in retirement? Read more
Through the years, I’ve learned a lot about sourcing goods and materials from overseas. While it does take some finesse, I can tell it you that it’s well worth the effort.
There are a lot of decisions to make when starting a new business, but with so much on your plate, your legal business structure may have not made the list. Read more
FEINs are issued by the IRS. Understanding exactly what an FEIN is, why you need one, and how to acquire one should help relieve any anxieties you may have. Read more
With launching a new company comes the need to make many decisions. Among them: choosing a business structure. The type you select for your startup affects far more than whether or not your company’s name includes something like “LLC” or “Inc.” at the end of it.
As a freelancer, you may have heard that forming an LLC provides liability protection. While this is true, it is not an impenetrable shield.
While deductions reduce your taxable income, tax credits reduce the tax you owe on a dollar-for-dollar basis.