As an entrepreneur you are constantly having to learn how to tackle new challenges. To help you develop the necessary knowledge and skills we have compiled informative articles, videos and other resources on topics material to building a business.
The retention period of a document is an aspect of records management. It represents the period of time a document should be kept or “retained”. At the termination of the retention period, the document is usually destroyed.
We see far too many businesses incorporating or forming an LLC too early in their life cycle.
Think before you incorporate. There is downside to incorporating and not incorporating. Know the issues.
Being compliant with the government and being tax compliant is not difficult - you just need a cookbook approach. These are 10 items that will make your life much easier and save you money.
If your company fails to comply with 409A, your employees will be personally liable for immediate taxation – plus a 20 percent penalty tax, and potential interest payments.
An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Here are some helpful IRS resources and instructions to obtain your EIN.
