Unlocking Your Business Potential
What are the pros and cons of an LLC? Pros and Cons of Limited Liability Corporations (LLC) The Pros The Cons Members are protected from some (or sometimes all) liability if the company runs into legal issues or debts. Unless you are running the LLC alone, the ownership of the business is spread across its … Read more
Can a doctor form a LLC in Florida? However, only people providing Florida licensed (or otherwise legally authorized) professional services can form PLLCs. These licensed professions include certified public accountants, doctors, dentists, attorneys at law, and many others. Read more on flpatellaw.com Doctors and other medical professionals may create Limited Liability Companies (LLCs) in Florida. … Read more
Can a sole proprietor pay his wife a salary? Don’t try to sneak around the IRS by adding your spouse as an employee when they aren’t doing the work of a legitimate employee. If your spouse is your employee, their wages are not subject to federal unemployment tax (FUTA tax). However, their wages are still … Read more
How do I change the registered agent address in Washington state? If you need to change your registered office address, you must submit a Statement of Change/Designation of Registered Agent to the Office of the Secretary of State. Read more on www.sos.wa.gov You must have a registered agent, also known as a resident agent or … Read more
Do you have to file an annual report for an LLC in Missouri? Unlike most other states, Missouri does not require LLCs to file an annual report. Read more on www.nolo.com You might be asking if you have to file an annual report if you own an LLC in Missouri. Yes, it is the answer. … Read more
Yes–in fact, an LLC can own numerous LLCs in a structure as a holding company or a series LLC. The owner LLC is called the master entity, and the LLCs it owns are called LLC cells. The establishment of a limited liability company is governed at the state level, and only some states offer the … Read more
Do you have to renew an LLC in Oklahoma? If you have a LLC registered in Oklahoma you have to renew it each year with the state. This is something that you can do on your own since it is an easy process. Once it is completed it has to be sent to the Oklahoma … Read more
Should proprietorship be registered? No, Sole Proprietorship Registration is not mandatory. It is optional on whether a person intends to register his sole proprietorship or not. Although, banks insist on getting sole proprietorship registered if you intent to open a bank account in the name of your business, but as per law ? it is … Read more
What is a professional corporation in Massachusetts? Foreign professional corporation means a corporation organized for the purpose of rendering professional service under a law other than the law of the commonwealth. Professional corporation means a corporation organized under M.G.L. 156A for the purpose of rendering one or more professional services. Read more on www.mass.gov If … Read more
What does it mean to be a managing member of an LLC? A limited liability company (LLC) managing member is both an LLC owner and someone who keeps the business running on a day-to-day basis. The managerial aspect generally includes having the authority to make decisions and enter into contracts on behalf of the business. … Read more