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Types of Business Licenses in Indiana The general business license in Indiana is the Registered Retail Merchant Certificate, known as a seller’s permit. This is the general business license requirement for the State of Indiana. Some businesses in certain industries or professions must obtain additional state licenses or permits. The process for applying for a … Read more

Overview of Corporations A corporation is a legally defined business with bylaws, shareholders, and legal protections. Corporations are typically managed by officers like a president, treasurer, and financial officer. Finding Officers of a Corporation You can contact the corporation to get the list of officers. For public companies filed with the SEC, search EDGAR. Hiring … Read more

Sole Proprietorship A sole proprietorship has an owner. Many businesses are sole proprietorships. They suit owners, contractors, and consultants. Know the pros and cons to run one effectively. The most disadvantage is no liability protection. Every liability becomes a personal liability. While owners have control and flexibility, they also have complete personal liability. Setting up … Read more

Difference Between 501c3 and Nonprofit A 501(c)(3) organization is nonprofit and tax-exempt. The IRS allows qualifying nonprofits tax exemption under Section 501(c)(3). The exempt purposes are charitable, religious, educational, scientific, literary, public safety, amateur sports, and preventing cruelty. Obtaining 501(c)(3) Status Obtaining 501(c)(3) status reserves tax exemption for nonprofit organizations. This helps organizations receive tax … Read more

# Understanding Escrow in Transactions ## What Escrow Means for Buyers and Sellers The money put in escrow allows the seller to know you’re serious about potentially buying the property. In return, the seller will take the property off the market. It is always best to check with your credit card issuer to see if … Read more

Whiskey barrels are essential components in the production of whiskey, imbuing it with unique flavors and characteristics essential for its iconic taste. Below is an overview of the importance, crafting, and use of these barrels. The Craft of Cooperage Craftsmen who make wooden barrels are called coopers. An oak barrel ranges in price from $900 … Read more

Tips for Removing Construction Dust Use a damp microfiber cloth to effectively remove construction dust without getting it too wet. Follow up with a vacuum with a brush attachment to clean up remaining dust. For carpets, utilize a wet/dry vacuum. Post-Construction Cleaning Guidance Discuss post-construction cleaning with your crew for effective planning and cleaning strategy. … Read more