Are You Familiar With The Government Agencies As A Business Owner? Get Familiar With The Main Government Agencies! In order to run your business, knowing the government agencies will help! For submitting federal income tax payments & obtaining Employer Identification Number (EIN) for your business, you will go to the Internal Revenue Service( IRS). For …
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Do You Run A Business? Do You Know What Is A Sole Proprietorship? When you don’t register your business with the Secretary of State, your default status is a “Sole Proprietorship”. You do not need to register your business to operate as a Sole Proprietor. Additionally, if you want to operate your business under a …
Attention Business Owners: Statement Of Information All California LLCs have a requirement to submit a Statement of Information (SOI) with the Secretary of State. The SOI provides the State with all the updates of the company’s activities. In California, an SOI must file every 2 years. The first SOI however must be filed within 90 …
Why Form A Business Entity? The main reason to form a business is to earn profit. Whether you operate as your own business or as a company or corporation or any other formal legal entity, the same reason applies – earn money. However, the law offers various protections when forming a business. The informed business …
WHAT ARE MEMBERS OF THE NONPROFIT PUBLIC BENEFIT CORPORATION? Membership for a Nonprofit Public Benefit Corporation is optional. The reasons for providing membership in a nonprofit include: (1) Attract funds through membership, or (2) Establish support in the community. However, many administrative burdens are associated with forming a membership organization and it is more common …
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