business advice Archives - Page 7 of 15 - Business Advisory Solutions

Why Should You Put Everything Under An LLC?

Putting everything under an LLC is a strategic decision that offers several potential benefits for business owners and individuals. Here are some reasons why you might consider consolidating your assets or activities…

August 8, 2022

business advice

Is LLC High Risk?

Whether an LLC is considered high risk depends on various factors, including the nature of the business, industry risks, management practices, financial stability, and legal compliance. Here are some considerations regarding the…

August 7, 2022

business advice

What Is The Downfall Of A LLC?

While Limited Liability Companies (LLCs) offer numerous benefits, they also have some potential downsides or limitations that business owners should consider before choosing this business structure. Here are some common drawbacks of…

August 6, 2022

business advice

What Are 4 Benefits Of Owning An LLC?

Owning a Limited Liability Company (LLC) offers several benefits for business owners. Here are four key advantages of owning an LLC... Limited Liability Protection - One of the primary benefits of forming…

August 5, 2022

business advice, taxes

What Type Of Business Is Taxed Twice?

A business structure that can potentially face double taxation is a C corporation. Here's how double taxation can occur with C corporations... Corporate Income Tax - C corporations are separate legal entities…

August 4, 2022

business advice, taxes

Why Do Self-employed Pay Double Taxes?

Self-employed individuals may feel like they're paying "double taxes" because they're responsible for both the employer and employee portions of certain taxes. Here's why it can feel that way... Social Security and…

August 3, 2022

business advice, taxes

How Many Times A Year Does A Business Have To Pay Taxes?

The frequency with which a business has to pay taxes depends on several factors, including its legal structure, tax classification, and the type of taxes it owes. Here's a general overview... Federal…

August 2, 2022

business advice, taxes

How Do LLCs Avoid Paying Taxes Twice?

LLCs (Limited Liability Companies) can avoid double taxation through proper tax planning and choosing the appropriate tax classification. Here are some strategies that LLCs can use to avoid paying taxes twice... Pass-Through…

August 1, 2022

business advice, expenses

Can I Pay Myself And Count It As An Expense With An LLC?

As the owner of an LLC (Limited Liability Company), you can pay yourself a salary or draw distributions from the company's profits. However, it's essential to understand the distinction between these two…

July 31, 2022

business advice, taxes

What Makes You More Likely To Get Audited?

Several factors can increase the likelihood of getting audited by the IRS (Internal Revenue Service). While there's no definitive list of criteria that guarantee an audit, certain situations or behaviors may raise…

July 30, 2022

News & Advice

Why Should You Put Everything Under An LLC?

Is LLC High Risk?

What Is The Downfall Of A LLC?

What Are 4 Benefits Of Owning An LLC?

What Type Of Business Is Taxed Twice?

Why Do Self-employed Pay Double Taxes?

How Many Times A Year Does A Business Have To Pay Taxes?

How Do LLCs Avoid Paying Taxes Twice?

Can I Pay Myself And Count It As An Expense With An LLC?

What Makes You More Likely To Get Audited?

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