Nicki

Can I Write Off My Boat as a Business Expense?

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Section 179 Deduction for Boats Section 179 allows full purchase deduction the first year, rather than depreciating over time. This can help offset income and reduce taxes owed. Section 179 applies to new or used boats and boat equipment. With documentation and usage requirements, Section 179 can make ownership affordable. Tax Benefits for Vehicles Vehicles … Read more

How Do I Set Up an LLC in South Carolina?

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How to Start an LLC in South Carolina To start an LLC in South Carolina, follow these steps: Pick a business name: Choose a suitable name that is easy to say and spell. Appoint a registered agent: Ensure you have a registered agent for your LLC. File Articles of Organization: Submit the paperwork with the … Read more

Is Washington B&O Tax an Income Tax?

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Business and Occupation Tax in Washington, Ohio, and West Virginia The business and occupation tax is levied in Washington, West Virginia, Ohio, and some local governments. It taxes gross income, not net income. Washington’s B&O tax uses no deductions for labor, materials, other costs, or losses. In this way, it resembles an income tax. As … Read more

What Does It Mean SOS Suspended? Understanding SOS/FTB Suspension

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A “SOS/FTB Suspended” designation means the business entity has been suspended by the California Secretary of State. A “suspended” business entity loses powers, rights, and privileges within California. Reviving a Suspended Entity To lift a suspension, one must handle filings at both the Franchise Tax Board (FTB) and the Secretary of State (SOS). A corporation … Read more

What Is a Good Name for a Roofing Company? Choosing a Roofing Business Name

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A roofing company name should be memorable and effective. Consider key aspects when choosing a name: it should stand out, reflect your brand message and values, sound professional, and appeal to your target customers. Our extensive research compiled some remarkable, short, catchy roofing company name ideas like Celestiscope, Fly High Construction Company Inc., and Arrow. … Read more

How Do I Amend Articles of Incorporation in Michigan?

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Overview of Amending Articles of Incorporation in Michigan To amend articles of incorporation in Michigan, file a Certificate of Amendment with the Bureau. Reasons for changing include name, purpose, or address updates. Reviewing Existing Articles Thoroughly reviewing existing Articles is crucial before amending. Pay attention to details needing changes. How to Amend a Michigan Corporation … Read more