Whether you are an individual or a business, there is nothing more important than managing your cash flow. Unfortunately, one of the common barriers that many contend with is having funds held in payment providers such as PayPal and Stripe.…
Yes, it is possible to have several businesses under one LLC, and for entrepreneurs who need to cut down on the number of management frameworks and the associated costs it is probably a worthwhile avenue to explore. There is, however,…
A Schedule K-1 (Form 1065) is an important tax form that is relevant in partnership or partnership-style (multi-member LLC) concerns. This form is used for communication that relates to a partner’s or member’s proportionate distribution share of the income, deductions,…
The transfer of ownership of a Limited Liability Company (or LLC) is a lawful as well as a business process that deals with several intricate procedures and observance of legal norms and requirements. Whether you earn money from his/her ownership…
Freelancing gives unrivaled control over one’s time, the possibility to self-manage and better yet earn a living doing what one loves. Nevertheless, with the growth of the freelance business comes the concern of whether forming an LLC should be a…
Tivazo Inc, a US-based company founded by two young ambitious entrepreneurs assists teams of employees working remotely or on-site to get rid of the headache of time tracking. With their advanced platform, businesses can manage productivity and organize teams. To…
Choosing to structure your tech startup as a Limited Liability Company (LLC) has a distinctive disadvantage or advantage in terms of how the startup shall grow or develop in the long run. This is essential for most tech entrepreneurs since…
Opening a business bank account is crucial for any business owner looking to keep personal and business funds separate, as well as help improve the credibility of your LLC and the way it generally operates. Now, regarding a virtual address…
Filing annual reports is an essential part of maintaining your LLC’s good standing with the state of Wyoming. Every year, Wyoming requires all LLCs to file an annual report with the Secretary of State to provide updated business information and…
Creating a Limited Liability Company (LLC) is one of the most crucial steps in running a business. This kind of corporate structure has various benefits among which is the limitation of personal liability meaning your personal property is protected against…
