LP vs LLC: Understanding the Differences

What is the difference between LP and LLC? With an LLC, all of the members obtain limited personal liability. The members may also participate in the management of the business and keep their limitation of liability. In an LP, only limited partners enjoy limited personal liability. A general partner remains personally liable for partnership debts. … Read more

Examples of Sole Proprietorship Business and Legal Requirements

What are the examples of sole proprietorship business? Key Points In a sole proprietorship, there is no legal distinction between the individual and the business. Examples include writers and consultants, local restaurants and shops, and home-based businesses. A sole proprietor may use a trade name or business name other than his or her legal name. … Read more

Creating a DBA in NJ: A Step-by-Step Guide

How do I create a DBA in NJ? The entity seeking to register a DBA must file a C-150G form with the New Jersey Division of Revenue. The filing will be valid for up to five years, at which point it must be renewed so that the chosen trade name can be retained. The renewal … Read more

Is It Cruel to Crate a Dog at Night?

Is it cruel to crate a dog at night? Is It Cruel to Crate a Dog at Night? It is not cruel and it does not make them aggressive, either. A crate provides your dog with a safe space for them to relax. Your dog can’t do anything wrong if they are in their crate, … Read more

Starting a Small Bakery Business: A Guide for Beginners

How do I start a small bakery business? How to start a bakery in 12 steps Choose a bakery format. There are multiple bakery formats that you can choose from. Write a business plan. Find the right location. Get the appropriate licenses and permits. Register for taxes and obtain an EIN. Brand your bakery. Separate … Read more

The Minimum S Corporate Tax in New York: Requirements and Cost

What is the minimum s corporate tax in New York? Tax Bases and Rates If New York City Receipts are: Fixed Dollar Minimum Tax is: Not more than $100,000 $25 More than $100,000 but not over $250,000 $75 More than $250,000 but not over $500,000 $175 More than $500,000 but not over $ 1 million … Read more

Which Business Structure is Best for Tax Purposes?

Which business structure is best for tax purposes? LLCs are generally the preferred entity structure for certain professionals and landlords. LLCs have flexibility as the owners can file as a partnership, S Corporation or even sole proprietor since the LLC is really a legal and not tax designation. Read more on www.kdpllp.com It’s essential for … Read more

How to Choose a UI Kit: A Guide for Designers

How do I choose a UI kit? When deciding which UI kit to purchase, make sure you pay as much attention to the details set out in the license agreement as you do the design of the kit. You want to be sure that you can use the kit for your project whether that is … Read more

Web Designers: Do You Need Insurance?

Do web designers need insurance? 6 policies every web designer should consider. Clients, landlords, or state laws may require web designers to get insured. Business insurance could prevent financial loss in the event of an injury, property damage, lawsuit, or data breach. Read more on www.techinsurance.com Creating and managing websites for clients is the responsibility … Read more