The Ultimate Guide to Picking Your LLC Tax Classification
It’s no secret that the de facto legal entity choice is a limited liability company (“LLC”). A limited liability company is the preferred legal entity of choice for business owners because it offers a flexible capital structure and limited liability protection for owners. Flexible Capital Structure With an LLC, you can create an unlimited combination […]
A Crash Course in Accounting for Online Entrepreneurs
Every entrepreneur needs to understand basic accounting in order to responsibly grow their business. Without understanding basic accounting and what the numbers are telling you, it’s impossible to answer simple questions like: How much should I pay myself? Can I hire another contractor? Are my client projects profitable? Do I have enough working capital to […]