Tag Archives: Limited Liability Company


Nevada: A Good Place to Do Business

Posted on

In 2013, Tesla began searching for locations to build its new Gigafactory 1, a lithium-ion battery and electric vehicle assembly factory. The company looked at numerous locations and it came down to five U.S. states competing to attract Tesla by offering tax incentives, cash grants, and other enticements.   In the end, Tesla chose Nevada […]

Read More

Renting or Buying a Business Location — 60 Second Business Tip

Posted on

Depending upon your business, you may decide to rent or buy a business location to provide your products and services or to store your inventory and equipment. If you’re a startup, buying a building may present too big of a risk. Establishing a physical location involves both one-time outlays, such as security deposits or closing […]

Read More

Business Tax Obligations — Small Business Tax Tip

Posted on

When you’re running your own business, tax obligations are often on your mind. If you have not yet started your own business, taxes should be a factor you evaluate. Whether you take care of your own tax matters or have a tax professional handle them, you and your business are the ones liable in the […]

Read More

LLC Basics — 60 Second Business Tip

Posted on

A limited liability company, also called an LLC, is a hybrid entity, bringing together some of the best features of partnerships and corporations. LLCs were created to provide business owners with the liability protection that corporations enjoy without the double taxation. If the LLC chooses to be taxed as a partnership, the earnings and losses […]

Read More

LLC Tax Filing Rules — Small Business Tax Tip

Posted on

Immediately after you create a Limited Liability Company, or LLC, the IRS automatically treats your business as a partnership, but only for income tax purposes. LLCs that are subject to the partnership tax rules are not responsible for actually paying the tax on business earnings, but are responsible for preparing annual partnership tax returns on […]

Read More

SEARCH

CATEGORIES

Nevada Edge

DOWNLOAD FREE BOOK NOW

This 100-page book is packed with everything you need to know about the benefits of incorporating and Nevada corporations and LLCs.