In its continuing efforts to help small businesses and the self-employed, the Internal Revenue Service (IRS) has designed a tax calendar filled with useful nuggets of advice and tips for the small business owner. Not only is the calendar useful, it is even cute, featuring a gardening theme. to help small businesses “cultivate sound business [...]
If you are just starting a small business or have a sole proprietorship, you have probably thought about and received advice about either incorporating or forming a limited liability company (LLC).
What protections do these business entities actually offer to the small business owner?
The Promise
You have probably heard that by incorporating or forming an LLC, you, [...]
Although the plethora of inexpensive online incorporation and LLC formation services would have you believe that all you need to do to incorporate your small business is fill out a simple form, pay a few dollars, and voila! your business is incorporated, this is even less true if you have already been running your business [...]
If your business is located in Nassau or Suffolk County, Long Island, New York, there are four (4) main types of business structures to choose from:
Sole proprietorship: In both Nassau and Suffolk Counties, a business that is operating as a sole proprietorship must register with the County Clerk in the county in which it is [...]
