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Blogs: LLC and Business Formation

Taxes April 10, 2024

Filing Small Business Taxes: A Quick & Easy Guide for Beginners

Running a business involves more than selling products or services—it also means fulfilling various financial obligations, such as paying taxes. Navigating the complexities of tax laws can be overwhelming for many entrepreneurs, but it does not always have to be. This guide will explore the types of taxes businesses face, the corresponding tax forms for […]

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Videos

Elon Musk and Other Billionaires Recommend Incorporating in Nevada: Here’s Why

About the Video In this episode of Wealthy & Wise, NCH’s Founder and CEO, Cort Christie, alongside NCH’s Executive Business Consultant for Senior Business Division, Shannon Hymas, will tackle why billionaires like Elon Musk are choosing to relocate their companies from Delaware to Nevada. The discussion centers around Elon Musk’s decision to move his companies […]

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Finance

$245 Penalty Per Month, Per Shareholder – OUCH!!!

Last night I had a call from clients needing help filing their 2023 tax return.  “We’re getting close to the deadline and I was hoping you could get my taxes done by April 15th?”     In discussing what needed to be done, I discovered that this couple had w-2 income, so of course they […]

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Taxes April 8, 2024

Do LLCs Pay Quarterly Taxes?

In recent years, limited liability companies (LLCs) have become the preferred structure of most entrepreneurs hoping to incorporate their business.  LLCs are recognized for their robust liability protections and pass-through tax status. However, even with the favorable tax treatment LLCs enjoy, they still have certain tax obligations. In this blog, we’ll answer one of the […]

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Taxes April 5, 2024

Watch Out for These 10 Common Bookkeeping Mistakes of SMB Owners

Small and medium-sized business owners often juggle numerous responsibilities, from managing operations to handling finances. Amidst this chaos, bookkeeping can easily become a neglected aspect, leading to financial instability and a plethora of potential errors that could harm the business’s financial health.  Recognizing some of these common bookkeeping mistakes and how to avoid them are […]

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