Unlocking Your Business Potential
Can a non US citizen be a partner in a partnership? Yes it is perfectly legal for a non-resident to set up a US LLC or Corporation. Both entities are created according to state laws, so you will need to determine which state to form your entity in. Read more on www.quora.com A partnership is … Read more
Do you have to pay the $800 California LLC fee the first year 2020? People who set up a limited liability company or partnership in California won’t have to pay the annual $800 minimum tax levied on business entities their first year, under the budget bill signed by Gov. Gavin Newsom, but the waiver applies … Read more
Do I need a DBA in Texas? When Do You Need a DBA? In Texas, all corporations, limited liability companies (LLCs), limited partnerships (LPs), limited liability partnerships (LLPs), or out of state companies that regularly conduct business in Texas under a name other than its legal name, must file a DBA with the Secretary of … Read more
Can my wife be an employee of my LLC? Your spouse can be an employee, an independent contractor, or a member of your LLC (limited liability company). If you own a single-member LLC, you can run into liability and tax headaches if your spouse helps out regularly. Read more on www.youngerlaw.com You might be asking … Read more
What is a dissolution clause on a 501 c 3? This means that if you dissolve your organization in the future, your assets must be distributed for an exempt purpose described in section 501(c)(3), or to the federal government, or to a state or local government for a public purpose. Read more on www.sbdc.unf.edu A … Read more