Selecting a State to Register a Business

Small businesses in the United States are not necessarily required to be registered at the state level. Some business owners, however, decide to make their sole proprietorship or general partnership become formally-recognized by the state through incorporation. Incorporating a business would make the company become its own legal business entity, separate from its founders. Aside …

Taxation for LLCs

A limited liability company is the most common form of incorporation in the United States, thanks to it’s easy start-up procedures and, compared to other types of corporations, easy tax filing. Since an LLC is not a separate tax entity in the United States,profits go to the members who should then file their returns with …