3 Biggest Misconceptions About Incorporating a Business
Incorporating your small business can have great benefits when it comes to everything from separating your business and personal assets to minimizing how much you personally owe in taxes. However, there are some serious misconceptions about what incorporating involves. Here are three myths about incorporating a small business in California. Myth #1: Incorporating Your Business […]
Business Formation Advice – Choosing a Business Type
If you are starting a new business, you have to make some basic decisions about how the company will be set up. For example, some small business owners just want to maintain a sole proprietorship in order to keep things simple. While this involves the least paperwork, it subjects your income to the self-employment tax, […]
Should Your Small Business Incorporate?
Most small businesses start out by operating as a sole proprietorship. You may have filed for a fictitious business name (called a DBA in some states) so that no one else can use your business name and you can do things like setting up a bank account in your company’s name. However, there are many […]