Business formation December 6, 2022

Articles of Organization vs Operating Agreement: Everything You Should Know

New business owners are required to prepare and submit certain documents, such as articles of organization and operating agreements. These are both essential to your company but have stark differences. Many people who start their business on their own will only file the articles of organization because this fulfills the minimum filing requirement for the […]

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Business formation December 5, 2022

Everything You Need to Know About Creating a Real Estate LLC

A real estate partnership may serve as an investment strategy for your business. With the help of a real estate limited liability company (LLC), you can purchase, sell, and lease property without being personally involved. Hence, you must set up an LLC to protect your company from liability and separate your personal and commercial assets. […]

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Business formation November 28, 2022

How to File Business Taxes for an LLC

Limited Liability Companies (LLCs) can have different taxation benefits, especially those that were set up in Nevada. However, this doesn’t exempt them from other forms of taxation. The Internal Revenue Service (IRS) will treat a limited liability company as part of the owner’s tax return, partnership, or corporation. This will depend on how many members […]

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Business formation November 15, 2022

How to Form an Anonymous LLC: A Step-by-step Guide

Your limited liability company’s (LLC) formation documents become part of the public record. It means anyone can access such information. But what if you want your LLC formation documents to remain confidential? You need to form an anonymous LLC whose owners are out of the public record. Follow the steps below to prevent your company […]

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Business formation November 9, 2022

LLC Vs. Sole Proprietorship: What’s the Difference?

Different business models and enterprises have different complexities and advantages. Some of these advantageous setups include sole proprietorship and limited liability company enterprises or LLCs. This article will help you differentiate the two in terms of their management structure, tax implications, and other key factors that can affect your business. LLC vs. sole proprietorship: Definition […]

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