Taxation of LLC Sale Interest and Related Questions

How is LLC sale interest taxed? If an LLC is treated as a partnership for federal income tax purposes, the entity itself will not be subject to federal income tax. On a sale of an LLC interest, the selling member will recognize gain or loss based on the difference between the amount realized and the … Read more

Do You Need a License to Install Garage Doors in Florida?

Do you need a license to install garage doors in Florida? To lawfully install a garage door the installer must have this newly created specialty license, or must be a general, building or residential contractor, or as stipulated in Florida Statutes 489.117(4e) the installation must be under the supervision of a certified or registered general, … Read more

Does Rocket Mortgage Pull Credit Before Closing?

Does Rocket mortgage pull credit before closing? The answer is yes. Lenders pull borrowers’ credit at the beginning of the approval process, and then again just prior to closing. Read more on www.bigvalleymortgage.com The way consumers apply for and receive home loans has been transformed by the well-known online mortgage provider Rocket Mortgage. It’s understandable … Read more

Paying Payroll Taxes in Kentucky: A Guide for Employers

How do I pay my payroll taxes in Kentucky? Electronic payment: Choose to pay directly from your bank account or by credit card. Service provider fees may apply. Tax Payment Solution (TPS) Register for EFT payments and pay EFT Debits online. Read more on revenue.ky.gov It’s critical for employers in Kentucky to be aware of … Read more

Can You Make a Living off Nail Tech?

Can you make a living off nail tech? A good, licensed nail technician knows just what to do to provide individualized services for their clients. Between cleaning, filing, trimming, polishing, and repairing, there’s a lot that goes into perfecting the art of those perfect nails and toenails. Professional nail care services can be a lucrative … Read more

How to Improve Your Credit Score: Tips and Tricks

How can I lift my credit score? How to Improve Your Credit Score Pay every bill on time. Paying credit cards and loans on time is the biggest factor in improving your scores, and it shows creditors that you’re a reliable borrower. Keep your balances to a minimum. Limit your applications for new credit. Build … Read more

Storage Facilities: Are They Profitable?

Are storage units profitable? High-Profit Margins. Capital-intensive businesses, such as restaurants, generate profit margin ranging between 3% and 5%. On the contrary, self storage units earn up to 11% return on investment per year. Read more on steelstorage.com.au Storage facilities have grown more and more well-liked recently, and for good reason. These facilities provide people … Read more

Is Generac Owned by Briggs and Stratton?

In the realm of generators and outdoor power equipment, Briggs & Stratton and Generac are two household names. Both businesses have a long history and a solid reputation for dependability and quality. However, a lot of people are still uncertain about how the two companies are related. The quick answer is no, Briggs & Stratton … Read more

Arranging Tools in a Workshop: Tips and Tricks

How do you arrange tools in a workshop? How to Organize Tools in Workshop Separate What You Use. Create separate piles of tools based on how frequently you use them. Build Your Shelves. You can use lumber to build your own workshop shelves. Open Shelving. Budget-Conscious Shelving. Get Creative with Gutters. Pegboard. Organizing Cords. Read … Read more