So you’ve decided to protect your personal assets and save thousands of dollars by incorporating. Congratulations! Good decision! Don’t worry you won’t regret it and I’ll keep writing articles to help you every step of the way. Since we’ve established that the best time of year to form your corporation is as early in the …
Fiscal: relating to government revenue, especially taxes. Oxford Dictionary Did you know that you can set the tax year for your business? Yup that’s right. If you want to begin your tax year in April and end it the following March you can do that. Begin in September and end in August? You could do …
So you’ve got a great skill or product and have decided to go into business for yourself. Maybe you already have some paying customers and it’s time to make your business “legit”. You may have even decided your company will be big enough to justify incorporating from the start, but you’ve got one big problem …
One of the biggest arguments I hear for forming an LLC over a corporation is the difference in record keeping between the two entities. The LLC crowd says it has significantly less record-keeping than corps and I don’t think in a small business with 1-3 owners the amount is all that significant. I’d like to …
Congratulations on making the choice to incorporate your small business! You’re probably as excited as a kid on Christmas to get things moving forward when the thought hits, “I could actually make this my Christmas present!” Well you might want to wait an extra week and I’ll tell you why. In most states, including California …
Thirty years ago when I first started my business I didn’t even think about forming a corporation. The paperwork seemed daunting, the internet barely had any useful information on how to do it and the price to incorporate was a bit steep for a new company that hadn’t even billed for its first job yet. …
So you want to start a company and you’re not sure how to structure it. The internet is full of descriptions that make your head spin and plenty of comparisons but you still have no idea what’s best for your situation. Well read on and I’ll give you the real scoop based on experience. Choosing …
It was three weeks prior to the end of my third year of college when I woke one morning staring at the ceiling in thought. I knew I had to go on campus that day to finish my junior thesis project in music recording and I just wasn’t excited about it. It was fun listening …