Blogs: LLC and Business Formation

Business formation March 18, 2024

Starting An LLC in Nevada: Insights Beyond the Elon Musk Effect

Nevada is rapidly emerging as an excellent alternative to Delaware, the country’s incorporation capital.  Data from the Secretary of State’s office reveals that over 108,000 entities were registered in 2023 alone. While most of these new registrations are small businesses, most people attribute this exponential growth to TESLA CEO Elon Musk.  Musk made waves earlier […]


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Business Funding Tips March 15, 2024

Eight Efficient Tax Planning Tips for New LLCs

Limited liability companies (LLCs) have become popular over the past year thanks to their pass-through tax status.  As a pass-through entity, LLCs don’t have to pay corporate taxes. Instead, everything they earn and lose goes to their owners, who must report it in their tax returns.  This status lets them lower their tax liabilities effectively. […]


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Business Funding Tips March 14, 2024

An Easy-To-Follow Guide to Opening an Estate Bank Account

Managing the financial affairs of a deceased person is an often complex task. One key aspect of the process is learning how to open an estate bank account. This account serves as a central repository for the estate’s funds and simplifies the management of assets, payments, and debts. What Are the Benefits of Having an […]


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Business Funding Tips March 13, 2024

Handling Business Taxes: Can Business Financial Advisors Give Tax Advice?

Business financial advisors play a vital role in building and preserving the wealth of entrepreneurs like you.  These professionals can advise you on financial topics like saving, investing, and estate planning. They can also offer unbiased opinions on your financial management strategies. But what about taxes? Can financial advisors give you tax advice, or is […]


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Business formation March 11, 2024

Changing Your LLC to an S Corp: What You Must Know Before Doing So

Let’s assume you are a business owner operating as an LLC. If you consider changing your current business structure, transitioning to an S corporation (S corp) might be a viable and strategic move. The shift from an LLC to an S corp can provide numerous advantages, such as increased flexibility, simplified management, and potential tax […]


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