Maintaining good standing with the IRS is crucial for every business, particularly during significant transitions such as relocating to a new address or transferring ownership. Such changes impact daily operations and also reshape the way the IRS and other government…
Launching a new business often raises concerns about maintaining personal privacy. Because of that fear, many people choose to form what is called an anonymous LLC in Delaware, an entity that conceals the true owner. In this friendly guide, we’ll…
Starting a business is exciting, but keeping its money in good shape from the start is even more important. That is why a solid accounting and bookkeeping service for startups quickly becomes a must-have. Initially, most founders throw themselves into…
Bookkeeping sits at the heart of smart money management, yet many companies lack the staff or budget to run it themselves. That gap is filled when businesses choose to outsource bookkeeping services. In today’s speedy online world, passing the books…
In today’s digital-first world, privacy is increasingly becoming a top priority for entrepreneurs and investors. Business owners are more aware than ever of the importance of shielding their identities from public exposure. This is where an anonymous LLC comes into…
An anonymous LLC is a limited liability company that permits the owner or members to keep their identity hidden from the general public. Unlike traditional LLCs, which require listing the names and addresses of the owners or managers in public…
The tax system in the United States can be a bit of a maze to unfamiliar nonresident aliens. If you received income from the U.S. without citizenship or a green card, you will need to follow the 1040NR online filing…
As you’re beginning to construct a business or manage one that has already been established, you might have come across the phrase NAICS code. But what is the NAICS code for LLC, and what is its significance? To put it…
Starting a solo business can feel like stepping into quicksand if you don't watch your footing. One question that pops up more often than you'd think is, Can I use an EIN for a sole proprietorship? The answer is a…
Indeed, cancelling an EIN with the IRS is possible, but it does require more effort than pressing a button. An Employer Identification Number (EIN) is unique for each business and is a federal identifier once issued. If it is issued…
