Does an LLC Have to File Form 2553?

Instructions for Form 2553 By filing Form 2553 you are changing the default tax classification of the LLC to S-Corporation. Besides filing Form 2553, you also need to take payroll, file payroll tax returns, file a corporate return for your S-Corporation (Form 1120S), and manage your books. The authors recommend Form 2553 be filed by … Read more

What Is PVC Cleanout?

Purpose of a PVC Cleanout A plumbing cleanout provides access to a building’s drain pipes. You can remove its cap to clear clogs and debris. Most local codes require installing cleanouts when constructing a building. Septic Clean Out Pipe The septic clean out pipe sticks from the ground between the house and the septic tank. … Read more

What Is Better Than Incfile? Comparison of Top Incfile Competitors

We compared Incfile’s top competitors in 2023, focusing on their pricing, customer service, and benefits. Check out the key players in the business formation industry: Incfile Pricing and Services Overview Silver $0 Gold $199 Platinum $299 plus state fees ZenBusiness as a Strong Alternative ZenBusiness ranks high with 4.8 ratings Faster turnarounds compared to IncFile … Read more

Which Is the Tastiest Cake in the World?

How to Bake Chocolate Cake: Combine sugar, flour, cocoa, baking powder, baking soda, and salt. Add eggs, milk, oil, and vanilla. Mix well and pour into pans. Bake 30 to 35 minutes. Cool 10 minutes before removing from pans. Top 10 Most Popular Cakes: Banana cake with cream cheese Cheesecake Chocolate coconut cake Carrot cake … Read more

How Do You Pay Yourself as a Sole Proprietor?

Sole Proprietorship Payment Methods As a sole proprietor, you can take money from company profits anytime for living expenses. Remember it’s profit, not wages. Consider yourself a business with an employee: you. Your expertise deserves fair pay. Withdraw a monthly amount that won’t financially stress the company. The amount depends on your needs and the … Read more