LLC
Becoming an LLC is an easy and inexpensive way to protect yourself from personal liability for business obligations. It’s definitely worth considering if you have your own business—even if that business is you.
Business Insights
Should I Incorporate My Quarantine Business? Once you have your business plan set, it’s wise to incorporate your business sooner rather than later. There are a few reasons for this: Incorporating your business helps separate your personal assets from those of your business, only from the time it is filed. Delaying the filing delays that […]
Asset Protection
How Does a Series LLC Work? Take the example of electric scooter rental company Lime Scooters. A company like Lime Scooters could benefit from a Series LLC. It could group each of the 100 cities and college campuses worldwide that it services into 100 separate protected series under a Delaware Series LLC. Another approach could […]
Delaware LLC
Do LLCs Pay Tax? LLCs conducting business operations will likely incur state and federal tax obligations along the way. The Internal Revenue Service treats LLCs as “disregarded entities” for federal tax purposes. These are also known as “pass-through” entities. The profits and losses pass-through the business to its sole member and are reflected on the […]
Delaware LLC
Most businesses end up cutting into profits simply by not taking advantage of the rules the IRS has laid out for them. The most susceptible to this common downfall is the sole proprietor or single-member LLC. It’s possible to save on single member LLC taxes—you just need to know the right steps to take. What is […]
B Corp
What Is Sustainability? Global sustainability should be seen as an opportunity. Ultimately, sustainability is reflected by your company’s impact on the environment, people, and the community. Sustainability is about far more than just “being green”. Addressing things like global poverty, world hunger, clean water, disease outbreaks, racial equality, gender equality, and many more, will require […]