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Converting LLC to S Corporation You can change your limited liability company (LLC) to an S corporation (S corp) by filing Form 2553 with the Internal Revenue Service (IRS). While there are pros and cons to both structures, there are advantages that an S Corporation can offer over an LLC, including lower taxes. S Corporations … Read more

Becoming a Social Media Assistant: Steps and Skills To become a social media virtual assistant, start by building a strong foundation in writing and communication skills, alongside hands-on experience with various social media platforms. Develop organizational and efficiency skills by volunteering or assisting friends and family with their online presence. Skills and Steps for Social … Read more

Ways to Reduce Delaware Franchise Costs Use the Assumed Par Value method to reduce startup taxes Failure to pay by deadline leads to penalties and interest charges Tax Requirements for LLCs and Partnerships Annual $300 franchise tax for all LLCs and Partnerships in Delaware Single-member LLCs treated as sole proprietorships for tax purposes Domestic Corporation … Read more

Largest Manufacturer of Board Games Mattel: Manufactures board games like UNO, Pictionary, and Apples to Apples. Hasbro: Owns popular titles like Monopoly, Scrabble, and Clue. About 100 million people worldwide play Yahtzee. Jeff Bauspies: Holds the record for the world’s largest private board game collection with over 1,700 games. Major Board Game Companies: Include Paizo, … Read more

Can alcohol be delivered to your house in India? Under Delhi Excise (Amendment) Rules, 2021, Indian and foreign liquor can be ordered via a mobile app or web portal, and can be directly delivered to your residence. Not all liquor vendors will be allowed to carry out home delivery. Maharashtra Government Approval for Alcohol Home … Read more

Steps to Start an LLC in New Jersey Name Your LLC Choose a Registered Agent File the Certificate of Formation Register your Business for Tax Create an Operating Agreement Get an EIN Use a professional service: Northwest ($29 + State Fees), LegalZoom ($79 + State Fees) Naming Guidelines for New Jersey LLCs Your name must … Read more

Limited Liability Company Structures A limited liability company (LLC) is a business structure that protects the owner’s personal liability. Single-member LLC A single-member LLC has one owner with full control. For taxes, profits/losses pass to the owner’s tax return. Multi-member LLC A multi-member LLC has two or more owners who share control based on ownership … Read more