Caralie

Ways to Pay Yourself from an LLC Drawing Income Receiving a Salary Combination Method Multi-Member LLC Payment Rules For a single-member LLC, owners can take draws from profits, while partners in a multi-member LLC divide draws and distributions. Suggested Percentage for Paying Yourself Aim to allocate 5% – 10% of your take-home pay towards savings … Read more

Guide to Getting a DBA in Pennsylvania To get a DBA in Pennsylvania, follow these steps: Verify name availability Fill out the form File with the PA Department of State Publish the registered name Advantages and Costs of DBA Advantages: Legitimacy and trustworthiness to customers Personal identity protection Costs: Filing fee: $70 Publishing a legal … Read more

A charitable organization is a trust or association established for charitable purposes only. Charities promote goodwill and lessen government burdens. The Internal Revenue Service (IRS) classifies organizations for tax purposes. An entity claiming charitable status must show IRS documentation to donors. Educational institutions, religious organizations, and other public interest entities can qualify as charities if … Read more