Issie

Franchise Tax Overview Arkansas law requires businesses registered in Arkansas to pay an annual franchise tax of $150. The tax for LLCs is a “privilege tax” to generate revenue. If unpaid for three years, an LLC’s status will be revoked. LLCs must file a report yearly to stay compliant. You can submit the $150 payment … Read more

The best way to find company information is to search state databases. These provide details on business registration. The databases list business names, owners, addresses, status, and annual reports. To search, visit your state’s website. Enter the company name to view profile details. You can also search by an individual’s name. This reveals businesses they … Read more

Age is a top factor that insurers look at when deciding how much you’ll spend on car insurance every year. The reason young people pay more for car insurance is that they’re less experienced and more likely to get involved in a car accident than people older than 26. Insurance companies use statistics to assess … Read more

Introduction Changing a business from an LLC to a corporation can modify structure and taxes. An LLC is a pass-through entity, a corporation is not. LLC owners may want to convert to benefit from lower rates. Benefits of Converting to a Corporation One key benefit of converting from an LLC to a corporation is the … Read more