As you develop your small business, one of the most important steps is to choose a business name. If you are unsure of what to name your business, you have the option of using a DBA. The state of New York offers business owners an opportunity to use a DBA for their business name, but […]
Every business has a structure that determines its operation and how the government will recognize it as a legal entity. Different business structures offer different benefits and restrictions, so it’s essential to understand what’s at stake in how you organize your business. One common and important structure is the corporation. Corporations are legally independent business […]
What is a State Tax ID Number? A state tax ID number (also referred to as a state EIN, a state employer ID, or a state tax registration) is the unique number that the state will assign to a business or organization. The state tax ID is associated with the state in which the business […]
Texas offers several attractive reasons to start businesses. Some of the most important include a large workforce, low taxes, and a robust economy. While starting a business in Texas is a good idea, you’ll want to know a few things before starting an S-Corp in Texas. There are requirements the state has which differ from […]
Starting a small business in California can be a great decision. California has a large economy, a large workforce, and a streamlined way to start your small business. Although starting a small business in California is relatively easy compared to other states, there are some things to keep in mind. California has several naming requirements, […]
Tax season can be stressful. When you finally submit your returns in April, you may want nothing more than to set it all aside and stop thinking about taxes until the following year comes around. Unfortunately, forgetting about your tax obligations sets you up for more panic and disaster the following April. If you take […]
Starting a business in New York can be a great decision. Whether you want to operate your business in New York City or smaller cities, you’ll have several options of where to open your business. While starting a business in New York offers benefits, there are a few things worth knowing first. Depending on your […]
Every business has some kind of mission or purpose, whether it’s a need they’re trying to meet or a niche they want to fill. A strong business plan should lay out the vision and goals for the company. Different purposes require different strategies and structures for fulfilling them. A regular business works by generating profit […]
In order to fund his American Families Plan proposal, Biden has reiterated his desire to increase capital gains and dividends tax rates. With a proposed federal tax rate of 39.6% combined with average state taxes and a 3.8% net investment income tax, the wealthiest in the nation with more than $1 million in adjusted gross […]
Texas is one of the best states in the country to start a business. It offers low taxes with several cities to choose from to make your business stand out from the rest. While there are several benefits to starting a business in Texas, there are some ways that starting a business differs. The state […]
