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Finance March 4, 2024

Use This Guide for Issuing a 1099 Form to an LLC

The Internal Revenue Service (IRS) mandates that businesses issue 1099 forms to certain individuals and entities, including limited liability companies (LLCs). If you have engaged in business transactions with an LLC and must report payments to them, you must understand the process of issuing a 1099 form. This article will show you when and how. […]

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Business formation February 29, 2024

Sole Proprietor to LLC: Can You Make the Transition?

Sole proprietorships are the perfect structure for building the foundation of your business. Most successful entrepreneurs started their journey as sole proprietors. However, this straightforward structure comes with several limitations.  As your business grows and evolves, its needs will also change and adjust down the line. You’ll have to consider changing your business entity into […]

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Experts February 28, 2024

Fees of a Probate Lawyer: What You Must Know and How to Negotiate

In the simplest terms, probate is a legal process when a deceased person’s assets are distributed, debts are paid, and any remaining estate is passed on to heirs or beneficiaries. During this often complex and emotional time, many individuals seek the assistance of a probate lawyer to ensure a smooth and efficient resolution. What Is […]

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Legal February 26, 2024

Comprehensive Guide to Understanding Inheritance Law

Estate planning is vital in securing your family’s future. This proactive measure ensures that your assets will be distributed according to your wishes after you pass away and reassures you that your family will be cared for.  It may seem like a straightforward process, but there are several factors that you must consider when creating […]

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Legal February 20, 2024

Do I Need to File Form 720 For My LLC?

Tax compliance is one of the most important aspects of a successful business. As a business owner, you must know which forms to submit and when to submit them.  One of the most important tax forms businesses must complete is IRS Form 720, which is used for reporting and paying excise taxes. However, this form […]

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