Glamping: What Do You Get With It?

What do you get with glamping? Glamping is a luxury type of camping that includes facilities and accommodation considered far more comfortable than traditional camping. It allows you to enjoy the freedom and closeness to nature that camping affords, without the uncomfortable aspects! Read more on www.lanternandlarks.co.uk Glamping, or luxurious camping, is a style of … Read more

Life Insurance Proceeds and LLCs: Are They Taxable?

Are life insurance proceeds taxable to an LLC? Step-up in Basis. The IRS does not tax the LLC or the members for the proceeds from death benefits. The death benefit represents tax-exempt income allocated to non-insured members and increases their tax basis in the LLC. Read more on durfeelawgroup.com A great instrument for estate planning … Read more

Does Etsy Collect Sales Tax in Michigan?

Does Etsy collect sales tax in Michigan? Etsy is collecting sales tax on MI orders for you and remitting it to the state, and doing the same for about 40 other states. You do need (unless recently changed) a MI sales tax account number to report your sales, which you get with your registration as … Read more

Understanding AMBR in LLC: Manager vs. Authorized Member

What does AMBR stand for in a LLC? Authorized Member An Authorized Representative (AR), Authorized Person (AP), or Authorized Member (AMBR) is a person who is authorized to execute and file records with this office. See 605.0102, F.S., for more detail. Read more on efile.sunbiz.org In the realm of Limited Liability Companies (LLCs), the acronym … Read more

How to Obtain an LLC License in Michigan

How do I get an LLC license in Michigan? Starting an LLC in Michigan Step 1: Choose a name for your Michigan LLC. Step 2: Choose a resident agent for your Michigan LLC. Step 3: Obtain Michigan business licenses. Step 4: File LLC articles of organization. Step 5: Draft an LLC operating agreement. Step 6: … Read more

Auto Detailing: A Growing Industry

Is Auto Detailing in demand? Demand for the Car Wash and Auto Detailing industry declined in 2020 due to a decrease in consumer spending and shelter-in-place orders imposed in early 2020. However, revenue will likely increase 9.4% in 2021 as demand rebounds as the economy reopens. Read more on www.ibisworld.com The process of meticulously washing, … Read more