Does Louisiana Require Articles of Organization?

Overview of LLC Formation in Louisiana Louisiana requires LLC businesses to file articles of organization. These include a general description of the business and when it becomes active. Resident Agent Responsibilities Resident Agent is responsible for receiving official correspondence and legal documents on behalf of your Louisiana LLC. Choosing a reliable Resident Agent is essential. … Read more

Can Nonprofits Give Bonuses?

Nonprofit Employee Bonuses Can nonprofits give bonuses to employees? Yes, bonuses are considered part of overall employee compensation. The IRS guidance allows incentive compensation. However, nonprofit bonuses are likely smaller than at for-profit companies. Nonprofit Executive Bonuses Do non-profit CEOs get bonuses? Yes, some nonprofit CEOs may receive performance-based bonuses as part of their compensation … Read more

Which States Charge Tax on Shipping? Tax on Shipping by State

The majority of states charge tax on shipping. These states include Arkansas, Connecticut, Georgia, Illinois, Kansas, Kentucky, Michigan, Mississippi, Nebraska, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, West Virginia and Louisiana. State sales tax doesn’t apply to separately … Read more

How Do Hospital Owners Make Money?

Hospital Revenue Streams Hospitals rely on various revenue streams, such as patient fees, insurance reimbursements, research grants, donations, and investments. Hospital Expenses and Profitability Over half of hospitals’ spending is on wages and benefits for staff. In 2019, US hospitals had a record-high 6.5% average operating margin. Hospital Management and Profitability Strategies to boost profitability … Read more

Which Companies Are Required to File Annual Return?

Filing Annual Returns: A Guide for Companies Every company on the register, including overseas companies, must prepare and file an annual return. If you don’t file an annual return by the due date, the Registrar of Companies can remove your company from the register. This annual return needs to be filed within sixty days after … Read more