Every LLC that is doing business or organized in California must pay an annual tax of $800. This yearly tax will be due, even if you are not conducting business, until you cancel your LLC. You have until the 15th day of the 4th month from the date you file with the SOS to pay your first-year annual tax. Read More

Insurance for travel businesses can include travel agent's and/or tour operator's liability insurance, scheduled airline failure insurance (SAFI insurance), travel bonds (ATOL, ABTA, CPT, IATA, Airline), public liability & employer's liability insurance and product liability cover. Read More

An LLC is typically treated as a pass-through entity for federal income tax purposes. This means that the LLC itself doesn't pay taxes on business income. The members of the LLC pay taxes on their share of the LLC's profits. Members can choose for the LLC to be taxed as a corporation instead of a pass-through entity. Read More

Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. Write your business plan. Fund your business. Pick your business location. Choose a business structure. Choose your business name. Register your business. Get federal and state tax IDs. Read More

State returns typically "piggyback" off the federal return, so it's usually easier to do them at the same time. There's also a better chance of avoiding discrepancies if you do them together. However, if that's not possible, having some extra time to file your Virginia return can help. Read More

Generally, if you have business activity in the Commonwealth of Virginia, you need to register your business with Virginia Tax. Read More

Most banks require a Nevada DBA registration and a certified copy of the Nevada DBA before opening a business bank account. In most Nevada counties, the application form for a DBA is only one page long, costs $20 to file, and does not expire for 5 years. Read More

In Illinois, an annual report is a regular filing that your LLC must complete every year to update your business information, including: Principal business address. Names and addresses of LLC members or managers. Read More

Using a tanning bed for 20 minutes is equivalent to spending one to three hours a day at the beach with no sun protection at all. Tanning beds emit 3-6 times the amount of radiation given off by the sun. Read More

Unlike some states, Nevada does not require members or managers to live in the state itself. In order to successfully form an LLC, you must be 18+ years old and file your articles of organization. Read More