Should I File as an S Corp or C Corp?

C Corp vs S Corp: Explained Businesses should file as a C corp if they want to go public, have international investors, multiple stocks, and transferable shares. For example, if you have a tech startup and want growth with investors, file as a C corp. This enables expansion and becoming publicly traded. Key Differences Between … Read more

What Is a Freelance Hairdresser? Freelance Hair Stylist

Freelance Hair Stylists are self-employed professionals who meet their clients hair care requirements. As a freelancer, you work for yourself. You can set your own hours and prices. But you also need to find your own clients and pay for your own insurance. To become a stylist takes training and experience. Getting a cosmetology license … Read more

How Much Does a DBA Cost in SC?

South Carolina DBA Registration South Carolina DBAs cost $10-100. Sole proprietors & partnerships pay county clerk fees. Check availability in the SC Business Entity database. Registering a DBA doesn’t prevent other businesses using a similar name. DBAs meet naming standards. South Carolina DBA Information The SC Secretary of State DBA form fee is $10. No … Read more

Is It Legal to Make Wine at Home?

Legal Regulations for Home Winemaking In the United States, federal law allows individuals to produce wine for personal or family use without a license. However, there are limitations on the quantity that can be produced annually. Distilling Spirits and Home Winemaking Individuals are perfectly within their legal right to produce beer and wine at home … Read more

How Much Is a Seller’s Permit in DC? Registration and Licensing in Washington D.C.

Seller’s Permit and Sales Tax Permit In Washington D.C., businesses are required to register their Doing Business As (DBA) with the Department of Consumer and Regulatory Affairs (DCRA). The registration can be done online at the DCRA’s Corporations Division CorpOnline Web Portal or through completing a trade name registration form. A sales tax permit is … Read more

What Does T and T Mean?

Emoticons and Abbreviations TT is an emoticon representing a crying face. The two Ts depict tears streaming down while the underscore is a sad, pouting mouth. Business Terminology What does T/A mean in business? T/A stands for "trading as" in business. It indicates the name a business operates under when different from its legal name. … Read more

Is a Pawnbroker a High Risk Business?

Insurance Needs for Pawn Shops Pawn shops need insurance. Policies cover injuries, property damage, legal fees, inventory losses, and contents damage. Rates range $400-$700 yearly. They depend on revenue, claims history, and location. Pawned items themselves are not insured. They tend to be low value. Shops collect them as loan collateral. If loans are not … Read more