Blogs: LLC and Business Formation

Taxes June 17, 2024

Exploring the Benefits of Working with a Certified Tax Resolution Specialist

It’s no secret that taxes cause significant stress and financial strain for individuals and businesses. If you are in the same boat, turning to a certified tax resolution specialist can provide numerous advantages and alleviate any doubt or concern. These professionals know how tax resolution works and what it takes to deal with these circumstances […]

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Taxes June 14, 2024

Understanding Sales Tax: What Every Business Owner Needs to Know

Sales tax is an essential component of running a small business. It’s one of the crucial requirements for maintaining good standing with the IRS and can significantly impact your business’s financial health. That said, small business owners like you need to learn how to navigate sales taxes effectively. However, achieving this may seem daunting, given […]

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Legal June 13, 2024

How Do I Respond to an IRS Deficiency Notice?

Every year, millions of taxpayers receive notices from the Internal Revenue Service (IRS). Any notice may or may not always be a cause for concern, but receiving a deficiency notice from the IRS can be particularly alarming and requires prompt attention.  This article will explain what you should do if you get a deficiency notice […]

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Taxes June 12, 2024

Common Mistakes Freelancers Make When Filing Taxes & How to Avoid Them

Freelancing offers unparalleled freedom and flexibility but also comes with unique challenges, particularly when managing taxes. Many freelancers stumble through tax season due to a lack of preparation or thorough understanding of the tax system.  This article explores some of the most common mistakes freelancers make when filing taxes and provides practical advice on preventing […]

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Finance June 11, 2024

Do All Small Business Loans Require a Personal Guarantee?

Running a business requires additional capital, so many small business owners resort to getting loans to keep their businesses afloat. However, obtaining a business loan usually comes with its own fair share of challenges, including the requirement of a personal guarantee.  Understanding Personal Guarantees A personal guarantee is a legal commitment by a business owner […]

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