What Are the LLC Tax Benefits I Can Expect?
From 1995 to 2021, small businesses created 63% of the total new jobs that appeared on the market. This speaks volumes about how these businesses keep the country running, and there’s no better time to get in on the action than now. There are several business structures available though, and it may be tough to […]
How Is an LLC Taxed?
99.9% of American businesses are small ones, and they’re responsible for 32.6% of exports. The country is reliant on these small businesses, which makes entrepreneurship an attractive and potentially lucrative route. Many aspiring business owners often wonder how is an LLC taxed. But as with any type of business, you have to worry about taxes […]
S Corp vs Sole Proprietorship: What’s The Difference?
86.5% of nonemployer firms in the US are sole proprietorships, and 13.3% of small employer firms use this business structure. On the other hand, the numbers for S-corporations are 4.6% and 52.4% respectively. Based on these numbers, nonemployer firms favor sole proprietorships and small employer firms favor S-corporations. But what does that mean for you […]
LLC for Freelancers: Do You Need One?
In today’s economy, 56% of Americans are concerned about job security. However, that doesn’t necessarily mean that a contract equals higher satisfaction and contentment. For many, quitting a traditional job and freelancing can mean more peace of mind, especially since it puts them in complete control. Plus, there’s more flexibility, as they can pick and […]
How To Register An LLC In Georgia
Are you interested in registering an LLC in Georgia? There are many advantages to LLC registration and Georgia is a great state to solidify your business. In this article, we’ll share the steps you need to take when registering a Georgia LLC. Therefore, you can quickly complete the process and get back to the running […]
How to Register an LLC Illinois Business
Are you interested in registering an LLC Illinois business? In this article, we’ll share the process for registering your LLC and the steps you must take afterward. Therefore, you can get your business off the ground and running sooner rather than later. Did you know that the Illinois sales tax is 6.25%? It’s one of […]