What Happens If a Sole Proprietor Does Not Pay Taxes?

Tax Obligations for Sole Proprietors A sole proprietor pays income tax by filing tax return. You must pay taxes on profit. While you can deduct some interest and taxes, they cannot be deducted as startup costs. Income Tax for Self-Employed Individuals If you’re self-employed, you must file tax return and pay tax like any employed … Read more

What Is an Exemption Certificate?

Explanation of Exemption Certificate An exemption certificate allows an individual or organization relief from certain taxes or fees. These certificates are usually granted by a state agency. They provide a financial break for those who meet criteria. Expiration and Renewal Some tax exemption certificates expire. In at least 9 states like Florida, Illinois, Kansas, Kentucky, … Read more

Is It Cheaper to Buy Your Own Coffee Beans?

Benefits of Buying Whole Bean Coffee Take advantage of bulk pricing and save money Beans last longer than ground coffee Grind beans to the perfect coarseness for your coffee maker Tips for Buying and Brewing Fresh Coffee Invest in a coffee grinder for the highest quality Purchase fresh green coffee beans for indoor planting Buy … Read more

What Is HORECA Market?

Introduction to HoReCa Market HoReCa, which stands for Hotels, Restaurants, and Catering, is an acronym that refers to a foodservice industry sector that sells food and/or beverages. It encompasses businesses preparing and serving food and beverages to consumers. The largest segments of the market are the hotel and restaurant market. Importance and Impact of HoReCa … Read more

How Do I Renew My Trade Name in Arizona?

Trade Name Registration in Arizona A trade name is an unofficial public name under which a business operates. It establishes branding and recognition. The legal name incorporates and registers a business. How to Register a Trade Name in Arizona Search the ACC website to check name availability. Fill out a name reservation application. Register the … Read more

Is Apple an LLC or Corporation? Overview of Apple Inc.

Apple Inc. is an American technology company. Incorporated in California by Steve Jobs and Steve Wozniak on January 3, 1977, Apple designs consumer electronics and software. Formerly Apple Computer Inc, the company creates products like iPhones, Macs and iPads and sells them globally. With US$394.3 billion revenue in 2022, Apple is the world’s largest technology … Read more

Is Hertz Owned by Penske?

Penske Automotive Group Expansion with Hertz Penske Automotive Group has acquired the franchise rights to operate Hertz rental car locations in Indiana. Penske will operate over 20 on and off-airport Hertz locations. This includes the Ft. Wayne, South Bend and Indianapolis on-airport locations. In 1982, Penske joined with Hertz Truck to form Hertz-Penske Truck Leasing. … Read more