How Do You Dissolve a Partnership in Virginia?

Steps to Dissolve a Partnership in Virginia In Virginia, a partner can apply for dissolution of a partnership under Virginia Code ยง 50-73.117(5) if: the economic purpose is likely frustrated, or another partner engaged in conduct making continued relation difficult. Legal Reasons for Dissolving a Partnership in Virginia Reasons to legally dissolve a partnership in … Read more

Are Nightclub Owners Rich?

Income and Costs in Nightclub Business Nightclub owners usually take up to 50% of the business’s profits as their salary and can make anywhere from $1,500 to $10,000 a night. The average nightclub brings in between $25,000 to $30,000 of revenue per month. If you take revenue minus expenses, the average nightclub owner earns between … Read more

How Do I Avoid Excise Tax in Tennessee?

Tennessee Tax Overview Tennessee has franchise, excise, and sales taxes. Some entities can claim exemption from certain taxes by filing with the Tennessee Taxpayer Access Point (TNTAP). Franchise and Excise Tax Structure The franchise and excise tax has two levels: 6.5% excise tax on net earnings $0.25 per $100 based on fixed assets or entity … Read more

What Is Death of Print?

The Resilience of the Printing Industry The printing industry is far from dead. What does a print broker do? A print broker helps businesses find printing services, provides options, and negotiates rates. There is no set markup; it varies. Challenges and Opportunities in Print Media The Internet has eaten at print media. Print-ad sales fell … Read more

Are Shop Supplies Taxable in Michigan? Sales Tax in Michigan

The Michigan state sales tax rate is 6%. Some services are taxable. View the taxable services list from the Michigan Department of Treasury. Digital goods or services delivered electronically are generally not taxed in Michigan, except pre-written computer software sold online. This is taxable. To make a tax-free purchase, buyers need a Michigan sales tax … Read more

Can Cremated Remains Be Kept at Home Philippines?

Cremation Practices in the Philippines Some Filipinos prefer to put the ashes of their departed loved ones in urns and keep these at home or scatter the ashes to the favorite place of the deceased. Cremation facilities are required to have the necessary equipment and procedures in place to stop the release of pollutants. Despite … Read more