Business formation May 9, 2024

Business Credit Secrets!

A few weeks ago someone asked about which credit cards are best.  There’s a lot to consider such as 0% interest for 6-24 months, points, cash back, airline miles…   Last week, I spoke with Danielle, our in-house Business Credit Manager, and got some really insightful information that I’m excited to share with you! On the […]

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Business formation March 7, 2024

An Easy, Step-By-Step Guide to Moving an LLC to Another State

However, this process is not as simple as packing your bags and heading to a new location. You’ll need to consider several steps and processes to relocate your LLC. Step 1: Research the New State Each state has its own unique regulations, business environment, and tax structure that can significantly impact your LLC’s operations. Start […]

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Business Funding Tips February 19, 2024

Filing Taxes for an LLC With No Income: A Startup Guide

What Is an LLC? An LLC combines elements of a corporation and a sole proprietorship or partnership. It provides limited liability for its owners (members) and allows for pass-through taxation, where profits and losses are reported on the members’ individual tax returns. Why Should You File Taxes Even Without Income? Maintain Legal Compliance Because LLCs […]

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Business formation February 13, 2024

Exploring the Possibilities: Can an LLC Own Another LLC?

The Legality of Parent LLCs LLCs are established and governed by state laws, which vary from state to state in the United States. While the specifics may differ, all states recognize that an LLC can own another LLC.  Such a legal foundation will allow businesses to create hierarchical structures and take advantage of the benefits […]

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Startup Tips January 31, 2024

Does My Small Business Need a Professional Bookkeeper? 

A skilled bookkeeper can make all the difference in the financial health of your business—and there are compelling reasons to consider hiring one.  What Does a Bookkeeper Do? A bookkeeper is primarily responsible for recording and organizing a company’s financial transactions. This may include recording income and expenses, reconciling bank statements, and maintaining accurate financial […]

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