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Cremations are done individually and the retort is cleaned out after each cremation to limit co-mingling of cremains. What remains after cremation are fragile calcified bone fragments, commonly known as "ashes". Once the body is completely burned, the remains are swept into a tray and the ashes are returned to the family. Preparing and Conducting … Read more

For federal income tax purposes, a single-member LLC classified as a disregarded entity generally must use the owner’s social security number (SSN) or employer identification number (EIN) for all information returns and reporting related to income tax. An EIN is a Federal Tax ID which is a number used by the IRS to identify your … Read more

If you generate more than $400 in self-employed income in a tax year, you’re required to report that income and file taxes. This includes individuals who have their own business, as well as independent contractors and freelancers. Even if you’re not required to file a tax return, you may want to file to claim tax … Read more

Inventory Valuation Reduction A forced inventory reduction is formally removing inventory value. Typically this happens when inventory becomes obsolete, defective, stolen or lost. To remove inventory value, you credit the inventory account and debit the cost of goods sold account. If a company decides to remove $20,000 of an $80,000 inventory, first credit inventory $20,000 … Read more

What is a DBA? A DBA, or "Doing Business As," refers to when a person or business operates under a name that is different from its legal name. How to File a DBA Filing Procedures and Costs To legally establish a DBA, you must: Complete the required forms Submit them along with the filing fee … Read more

Licensing Requirements in Arizona Several factors influence your licensing requirements, including your business type, location, and products/services offered. If you sell a product or taxable service, conduct business in a city requiring a license, or your business requires licensure, you may need a license. Processing times for licenses vary. Arizona offers assistance through federal loan … Read more

Installing Yarn Before using Yarn, install it following these steps: Install Yarn on Windows: Install Yarn by Chocolatey, which will also install node.js if needed. Alternatively, download the file from GitHub and follow the installation steps. Run the file, accept the license, select the destination, and click install. Setting Up Yarn Yarn Installation Requirements: Administrative … Read more

Opening an Ice Cream Shop An ice cream shop is a business that primarily sells ice cream but may also specialize in other frozen treats such as milkshakes, gelato, frozen yogurt, and sorbet. To open an ice cream shop, you will likely need between $40,000 and $100,000, with the average cost being $80,000. However, you … Read more