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Do you know the difference between an LLC and S-Corp?

What is an LLC?   An LLC is a entity structure where the owners are not personally liable for the company's debts or liabilities. What is an S Corp?   An S Corp can be set up either as an LLC or a corporation. Then the IRS tax election can be made to adjust how the [...]

By |2019-05-22T20:14:04+00:00May 22nd, 2019|Blog, Business News|0 Comments

Why are you receiving a 1099 Notice?

If you own a business you know that when hiring independent contractors, a 1099 form must be given to them by the end of the year. A 1099 form is used to report to the IRS how much money was paid to that contractor throughout the year. It’s important to note that a 1099 [...]

By |2019-05-14T21:46:13+00:00May 14th, 2019|Blog, Business News|0 Comments

How to Establish A Business Line Of Credit.💼🏢💳

it's nice to have that because you just don't know what the year is gonna bring exactly and it's  much harder to get a line of credit when things are going badly that's true so  you should have one if things are going  fine and then you have that back up so you [...]

By |2019-05-22T21:29:47+00:00August 1st, 2018|Blog, Business News|0 Comments