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IRS Treatment of One-Member LLCs The IRS treats one-member LLCs as sole proprietorships for tax purposes. This means that the LLC itself does not pay taxes and does not have to file a return with the IRS. You must report all profits (or losses) of the LLC on Schedule C and submit it with your … Read more

Licensing and Regulations for California Summer Camps Summer camps in California must have licenses to operate. Requirements vary by state. The American Camp Association provides information on licenses, background checks, pay, rest periods, and other regulations that camps must follow. Costs and Revenue Overnight camps cost $680-$2000 per week. Day camps cost $199-$800 weekly. Campground … Read more

Who is responsible for annual report? An annual report summarizes a company’s financial performance and activities over the prior year. Public companies must file these reports, but private companies and nonprofits also use them to inform stakeholders. They help shareholders evaluate the business and make investment decisions. Companies often use in-house teams or hire accounting, … Read more

In Tennessee, businesses are required to obtain a standard business license if their gross annual receipts are at least $10,000. Local licenses may also be necessary. Businesses with receipts ranging from $3,000 to $9,999 can choose between a minimal activity license or a standard business license. It is important to research and comply with local … Read more

The 27th Amendment is the most recent amendment to the Constitution. The 27th Amendment was accepted as a validly ratified constitutional amendment on May 20, 1992. The 24th Amendment prohibits conditioning the right to vote in federal elections on payment of a poll tax or other types of tax. It was ratified in 1964. The … Read more

Bus Driver Earnings and Qualifications Earnings Around the World Volvo bus prices in India start at Rs. 40 lakhs. Volvo is known for its safety features and fuel efficiency. The average salary for a long-distance bus driver in India is important as it indicates earning potential and affects quality of life. The median annual salary … Read more

Is Investing in a Car Wash Worth It? Car washes can be great investments and offer a variety of services which make it a great business for scaling. With low overhead and high customer volumes a car wash can be a very profitable business. How Much Does It Cost to Invest in a Car Wash? … Read more