Have you ever thought about giving back to the community? A nonprofit organization is a perfect way to do that. Nonprofit organizations further a sohttps://www.patriotsoftware.com/blog/accounting/what-is-nonprofit/cial cause or provide a public benefit, like a hospital or a public school. There are several different types of nonprofit organizations to choose from. But before giving back to the […]
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First Time Filing Taxes for Small Business
The first time filing taxes for small business owners can be overwhelming.
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One of your first decisions as a small business owner is choosing between business structures. Your structure dictates many vital aspects of your company, including liability. To protect your personal assets from business liabilities, you may consider structuring as a corporation.
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Are you thinking about opening a seasonal business? Prepare for the highs and lows of your first season by understanding how to start a seasonal business now.
Read More How to Start a Seasonal BusinessWhat Is a DBA, and Does Your Small Business Need One?
The name of your company plays a big role in your success. But, for many small businesses, legal structure limits what a business can be called. To use a name that interests consumers, you might need to register a doing business as (DBA) name. What is a DBA name?
Read More What Is a DBA, and Does Your Small Business Need One?How to Form a C Corp
You might have considered incorporating your small business. Do you know how to form a C Corp? Forming a C Corp takes more time and money than other types of business structures. But, you are free from personal liability.
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A sole proprietor is an individual who owns and operates their own business. Sole proprietors fill out fewer tax forms and pay less to start their businesses.
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When you set up your business, you choose from several types of business structures. The structure you operate under affects your tax liabilities, so selecting the right one for your business is crucial. Forming an S Corp is one business entity option. Knowing how to form an S corporation helps you decide how you will […]
Read More How to Form an S CorpBusiness Entity Tax Basics: How Business Structure Affects Taxes
Business structure affects many aspects of your company, including your tax obligations. Choosing the right structure for your business could mean the difference between expensive, time-consuming taxes or affordable, simplified tax liabilities. As a small business owner, you must know how business structure affects taxes.
Read More Business Entity Tax Basics: How Business Structure Affects TaxesHow to Conduct Due Diligence When Acquiring a Small Business or Product
Are you considering buying a business to start your journey into small business ownership? Or, do you want to acquire another small business to expand your existing one? Or, do you want to acquire a product to add it to your business? If you answered yes to any of these questions, you need to know […]
Read More How to Conduct Due Diligence When Acquiring a Small Business or Product