Business and Tax Law

In relation to the status of your company, you may have heard the phrase “Si No Change” if you own a business in California. What does it mean, though? Simply put, the Spanish phrase “Si No Change” means “Yes No Change” in English. Si No Change, as used in California business law, describes a particular … Read more

What is a sales tax permit in MN? Most businesses starting in Minnesota selling a product or offering certain services will need to register for a sales tax permit. This is commonly referred to as a seller’s permit, sales tax license, sales tax number, or sales tax registration. Read more on startingyourbusiness.com The Minnesota Department … Read more

What are entity formation documents? Entity documents for an LLC are the documents required by a state to register a limited liability company (LLC) to conduct business legally in that state. The same documents are required by most states, but they sometimes go by different names. Read more on www.upcounsel.com Documents that establish a business … Read more

Who is exempt from Oklahoma franchise tax? While all corporations must file a report with the Secretary of State, those with tax liability below $250 are exempt from paying the tax. The state collected $52.4 million from the franchise tax in FY 2020. Read more on okpolicy.org Franchise tax might be owed if you run … Read more

Can you change a business name and keep the same EIN? If you purchase a business and are keeping the same name and entity structure, but are a new business owner, you will need a new EIN. If you are changing the business name but keeping the same business structure and owner, you may not … Read more