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Blogs: LLC and Business Formation

Business formation April 2, 2014

C Corporation Advantages

C corporations provide limited liability protection to owners, meaning owners are typically not personally responsible for business debts and liabilities. Starting a C corporation may also offer greater tax advantages because of an expanded ability to deduct employee benefits, which are most often used by growing businesses. A C corporation can provide the following advantages: […]

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Taxes March 27, 2014

Tax Perks of Incorporating

In the eyes of many small business owners, the corporate world is the realm of massive conglomerates such as Microsoft and General Motors. To be successful and hold the line financially, however, tax experts agree that there are many advantages of incorporating a small business. Incorporating allows a company to carry losses forward, enabling it […]

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Motivational March 21, 2014

4 Signs of a Bad Leader

We all have our own perceptions of what “effective” leadership looks like, so trying to define what is right to hundreds or thousands of people would be an effort in futility — like asking your boss for a raise after making fun of his new haircut. A Google search of leadership yields 159,000,000 results. Try […]

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Taxes March 20, 2014

Tax Records to Keep

You may choose any recordkeeping system suited to your business that clearly shows your income and expenses. Your recordkeeping system should include a summary of your business transactions. This summary is ordinarily made in your business books; for example, accounting journals and ledgers. Your books must show your gross income, as well as your deductions […]

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Startup Tips March 19, 2014

Trademarks Protect Your Ideas

A trademark is denoted by the trademark symbol TM or by the federal registration symbol if an actual registration filing has been approved by the United States Patent and Trademark Office. Whereas patents and copyrights are basically used to protect the commercial rights of inventors and creators of artistic or literary works, respectively, the basic concept behind […]

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