Working with an Accountant
Few dates evoke more trepidation among small business owners than tax day. But even after they have filed their tax return, they may not breathe a sigh of relief if they have concerns about getting audited. The April tax deadline is not the only important fiscal date for small businesses. Many people who own businesses […]
The Annual Meeting: What Every Corporation (and Many Limited Liability Corporations) Should Know
All registered corporations are required by law to hold an annual meeting. Limited liability companies (LLCs), although not subject to the same statutory requirement, may hold regular meetings in accordance with their governing documents. What Is the Purpose of a Corporation’s Annual Meeting? In the United States, all corporations must hold an annual shareholder meeting […]
What You Need to Know about Paying Yourself as a Single-Member LLC
You are a new business owner and have decided to organize your business as a limited liability company (LLC). You are its sole owner and work for the company. How do you pay yourself?
Complying With Estimated Quarterly Taxes
Not everybody who earns self-employment income needs to pay their taxes quarterly, but if you need to make estimated tax payments, knowing the deadlines is essential.
Sales Tax: What You Need to Know
Different taxing authorities have their own regulations, tax rates, exemptions, and deadlines, which can be quite confusing, especially for entrepreneurs who have just started a new business.