News & Advice

Where Is The Best Place To Start An LLC?

Where Is The Best Place To Start An LLC?

The best place to start an LLC depends on several factors, including your business goals, location, industry, and specific preferences. Each state in the United States has its own regulations and advantages…
Do LLC Members Get A W2?

Do LLC Members Get A W2?

No, LLC members typically do not receive W-2 forms. A W-2 form is used to report wages and salary income earned as an employee of an employer. LLC members are not considered…
What State Has The Lowest LLC Taxes?

What State Has The Lowest LLC Taxes?

State-level LLC taxes can vary significantly, and what is considered the "lowest" tax rate can change over time due to legislative changes and updates in tax laws. When considering the tax implications…
Can I Pay Myself Through Payroll?

Can I Pay Myself Through Payroll?

Yes, as a business owner, you can pay yourself through payroll. Paying yourself through payroll involves formally setting up a payroll system for your business, whether you are a sole proprietor, a…
Can The IRS Subpoena Quickbooks Online?

Can The IRS Subpoena Quickbooks Online?

Yes, in certain legal situations, the IRS (Internal Revenue Service) can issue a subpoena to access a taxpayer's financial records, including records stored in QuickBooks Online or any other accounting software. A…
Is It Good To Pay Myself From My LLC?

Is It Good To Pay Myself From My LLC?

Paying yourself from your Limited Liability Company (LLC) is a common practice and is often necessary to cover your personal financial needs. However, how you pay yourself from your LLC and the…