Does an LLC File a Tax Return?

Does an LLC file a tax return? The IRS treats one-member LLCs as sole proprietorships for tax purposes. This means that the LLC itself does not pay taxes and does not have to file a return with the IRS. As the sole owner of your LLC, you must report all profits (or losses) of the … Read more

Is PETsMART Owned by Petco? A Detailed Look into the Popular Pet Stores

Is PETsMART owned by Petco? PetSmart is a privately held American chain of pet superstores, which sell pet products, services, and small pets. It is the leading North American pet company, and its direct competitor is Petco. PetSmart. Formerly PetFood Warehouse, PETsMART Founder Jim Dougherty Headquarters Phoenix, Arizona Number of locations 1,600+ (2020) 13 more … Read more

Sales Tax in West Virginia: Rates and Calculation

How much is the sales tax in West Virginia? The West Virginia (WV) state sales tax rate is currently 6%. Depending on local municipalities, the total tax rate can be as high as 7%. Read more on www.avalara.com State and municipal governments levy a consumption tax known as sales tax on goods and services that … Read more

Understanding the Purpose of Refund

What is the purpose of refund? A refund, in the context of taxes, is reimbursement for an overpayment of taxes by a government taxing authority. In a wider context, businesses and merchants issue refunds to customers who are dissatisfied with the goods or services they purchased. Read more on www.investopedia.com Many industries regularly provide refunds, … Read more

The Cost of Insuring a Helicopter

What does it cost to insure a helicopter? Helicopter insurance cost is typically between $2,800-$4,000 for $1,000,000 Liability Only Coverage, compared to $500-$700 for an aircraft liability only insurance policy. Read more on bwifly.com In addition to being often employed for emergency medical services, military operations, and commercial activities, helicopters provide a distinctive means of … Read more

Caring for a Fiberglass Bass Boat: Tips and Tricks

How do you care for a fiberglass bass boat? Read more on www.youtube.com For serious anglers, fiberglass bass boats are a substantial investment. Not only are these boats pricey, but they also need regular maintenance to last for many years. Your boat’s lifespan can be increased and its appearance maintained with regular cleaning and maintenance. … Read more

Franchising Subway: Costs and Requirements

How much is it to franchise subway? Subway is one of the cheapest major fast-food restaurants to franchise. Subway’s fee for becoming a franchisee is $15,000, and startup costs, which include construction and equipment leasing expenses, range from $116,000 to $263,000, according to the company. Read more on www.businessinsider.com One of the most well-known sandwich … Read more