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What Happens When an S Corp Goes Out of Business?

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What happens when an S corp goes out of business? S corporations are generally required by state law to notify all creditors of dissolution. When the business dissolves, officers are responsible for the liquidation of company assets. Proceeds from the sale are then payable for outstanding debts that remain. Read more on smallbusiness.chron.com There are … Read more

Why Marmalade is Not Orange Jam?

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Popular fruit preserves like marmalade are frequently spread on toast or utilized as ingredients in other dishes. Citrus fruits including oranges, lemons, limes, and grapefruits are used to make it. Despite being frequently referred to as “orange jam,” marmalade is not the same as typical fruit jam. This article will explain why marmalade is not … Read more

How to Find Articles of Incorporation in Nevada

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How do I find articles of incorporation in Nevada? A company that is registered in Nevada can order certified copies of its formation documents from the secretary of state of Nevada. Read more on www.upcounsel.com You must submit Articles of Incorporation to the Secretary of State’s office if you want to start a business in … Read more

Starting Your Own CPA Firm: Everything You Need to Know

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Can I start my own CPA firm? Starting an accounting firm is like starting any small business ? it requires a lot of work. However, industry and consulting firms list accounting firms as one of the single most profitable small businesses a person can start right now. Read more on tax.thomsonreuters.com You may have wondered … Read more

Adding a DBA to an LLC in Minnesota: A Step-by-Step Guide

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How do I add a DBA to an LLC in Minnesota? Submit Your Certificate of Assumed Name Form File Online. Walk-In or Mail. Minnesota Secretary of State – Business Services. Fees. $30 Filing Fee by mail. DBA Questions. Call the Minnesota Secretary of State: 1-877-551-6767. Renew Your DBA with the State. Change Your DBA. Withdraw … Read more

Standard Deduction for Seniors in 2021 and Related Tax Deductions

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What is standard deduction for 2021 for seniors? Standard deduction amount increased.. For 2021, the standard deduction amount has been increased for all filers. The amounts are: Single or Married filing separately-$12,550. Married filing jointly or Qualifying widow(er)-$25,100. Read more on www.irs.gov Understanding the tax deductions available to seniors in 2021 is crucial as tax … Read more

Environmental Consulting: A Profitable Career Path?

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Is environmental consulting profitable? Once considered a trend, environmentalism has established itself as permanent and profitable. “”Environmental consulting is a mature business now,”” says Brad Mauer, business development manager for Sovereign Consulting Inc., an environmental consulting firm based in Robbinsville, New Jersey. Read more on www.inc.com A multidisciplinary discipline known as environmental consulting offers guidance … Read more