Paying Yourself as a C Corp: A Guide

How do you pay yourself C Corp? There is generally one way to pay yourself from your C corp: as an employee. More specifically, if you’re involved in the day-to-day operations of running your C corp, then you’re considered a W-2 employee. Therefore, you will receive compensation via a W-2 that will also be subject … Read more

Is a Fictitious Name the Same as a Sole Proprietorship?

Is a fictitious name the same as a sole proprietorship? As a sole proprietor, by default, the legal name of your business is your own name. But you can choose to operate the business under another name, known as a “”fictitious business name”” or “”doing business as”” (DBA). Most states require you to file an … Read more

Do I Need a Certificate of Good Standing NJ?

Do I need a certificate of good standing NJ? New Jersey businesses are not legally required to obtain a standing certificate. However, your business may choose to get one if you decide to do business outside of New Jersey or get a business bank account. Read more on howtostartanllc.com A legal document that certifies a … Read more