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Tax and Legal Questions for Starting a Business
2-06-2010
Starting a business requires some knowledge of tax and legal issues. This article covers the following questions: Should I hire a lawyer and/or accountant? What type of entity status should my business have? What kind of effort is necessary to set up each entity type? What liability protection do I get with each entity type? How is each entity taxed? Should I incorporate as an LLC or S-corporation? Should I incorporate in another state? What tax forms will I need to file annually?
(Read more...)How Do I Start a Business?
7-05-2009
Half of all start-ups fail within the first five years according to the Small Business Administration. While there are no fail-proof ways to ensure your start-up’s success, you can arm yourself with information and resources to give your business a fighting chance. To help you think about the right things before you start a business, this article offers basics, steps, and tips for starting a business.
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