Can an LLC Owner Put Themselves on Payroll?

Can an LLC owner put themselves on payroll? As the owner of a single-member LLC, you don’t get paid a salary or wages. Instead, you pay yourself by taking money out of the LLC’s profits as needed. That’s called an owner’s draw. You can simply write yourself a check or transfer the money from your … Read more

Starting a Sole Proprietorship in PA: A Detailed Guide

How do I start a sole proprietorship in PA? To establish a sole proprietorship in Pennsylvania, here’s everything you need to know. Choose a business name. File a fictitious business name with the Department of State. Obtain licenses, permits, and zoning clearance. Obtain an Employer Identification Number. Read more on www.nolo.com You might be asking … Read more

Is It Worth Incorporating Yourself?

Is it worth incorporating yourself? Once the business generates more income than you need for your living expenses, incorporating can save you money. Often, it’s not worthwhile to incorporate when you’re just starting a business, but once that business is profitable, incorporation can offer several significant benefits. Read more on turbotax.intuit.ca It might be challenging … Read more

Opening a Spa in the Philippines: A Comprehensive Guide

How do you open a spa in the Philippines? In order to start a salon and spa business in the Philippines, one must conduct research, select the appropriate location, remain cognizant of regulations and health codes, hire qualified staff, and offer exceptional service to clients. Read more on salonbusinessboss.com The Philippines is a tropical haven … Read more

How to Obtain a Seller’s Permit in Florida

How do you get a seller’s permit in Florida? The primary step in acquiring a sales tax license is filing a seller’s permit application. Florida allows you to either file the Florida Business Tax Application (DR-1) online or download the form and submit it at a taxpayer service center or directly to the Department of … Read more