While this document was prepared for a few of my truck driving clients, it can apply to almost any of you who are starting a business, operating as a solo business operator, or a self-employed individual.
Continue reading Strategic Decisions The Entrepreneur Must Make
We have many clients who own residential properties that they rent out. We strongly recommend that these properties not be held as a personal asset. No, those residential properties need to be owned by an LLC.
Continue reading Are you going to be a landlord?
I wrote about this the first time back in 2019 and then again last December.
Continue reading Anonymity Ends soon.
Tomorrow (Tuesday) will be the Ides of March. No, I am not referring to the Julius Caesar masterpiece by Shakespeare (or the history to which it refers). I refer to the due date for business tax returns.
Continue reading The Bell Tolleth for Thee!
Well, we knew this was coming. (OK. At least I did. Here’s my first mention back in 2019.)
Continue reading Transparency is coming
Monday will be the Ides of March. No, I am not referring to the Julius Caesar masterpiece by Shakespeare (or the history to which it refers). I refer to the due date for business tax returns. 
Continue reading The Ides of March are upon us
Here’s a scoop. Personal tax filing is now barred until 27 January Lincoln’s Birthday (12 February; hot off the press RIGHT now). (Business entities can file now.) Each and every year it gets later! But, that’s not the whole story- many states won’t finalize their forms until the 5th of February, so there may be further delays barring your tax filing.
Four million businesses should pay attention to this. That’s how many entities filed Form 1065, Partnership Tax Returns last year. About 70% of them are filed by Limited Liability Companies (LLC’s).
Continue reading Partnership Heartaches?
So, yesterday, we spoke about the differences between sole proprietorships and single-member LLC’s (aka, disregarded entities). And, I said I would explain today why an operating agreement is not a useless frill, but a necessary document for LLC’s to have and use.
Continue reading An Operating Agreement is NOT optional.
Over the past 3 weeks, I’ve had a bunch of clients call me up to discuss setting up new businesses. Obviously, hope is returning after six months of quarantined life.
Continue reading I wanna start a business!