Staring down another tax bill can make anyone’s head spin, especially when mysterious personal property tax notices land in your mailbox. “Wait, I have to pay taxes on my car and furniture too?” You may be wondering how assessing taxes on your stuff even works or why it’s on your shoulders in the first place. […]
Searching for your misplaced EIN verification letter, also known as the IRS 147c letter? You’re not alone. Many business owners and tax professionals need to request a replacement EIN confirmation document (IRS letter 147c) from an IRS representative. Thankfully, retrieving your 147c letter from the IRS is a straightforward process. This comprehensive guide will simplify […]
As the owner of an LLC, you focus on limiting legal liability and keeping things simple on tax day. We get it. You dread the thought of all that extra paperwork and corporate rigamarole certain entities require. While limited liability companies offer simplicity, savvy business owners know that converting an LLC to an S corp […]
Have you been dreaming of starting your own small business in Florida but feel overwhelmed by the legal complexity of creating an LLC? We understand completely! When entrepreneurs first pursue starting a business, they’re often perplexed by the jumble of unfamiliar terms like “articles of organization” and “operating agreements” on those intimidating government sites. It’s […]
Have you heard about the new beneficial ownership reporting requirements for certain companies in the United States? If you run or own a startup or small business, changes are this impacts you. As of January 1, 2024, millions of limited liability companies (LLCs), corporations, and other similar entities must file a Beneficial Ownership Information (BOI) […]
Are you losing sleep over how to fill out the intricate Form 2553 to transform your company into an S corporation? Well, worry no more! This comprehensive guide breaks down everything you need to know about completing this crucial IRS form to unlock the multitude of advantages that S corps offer. We will explore all […]