Advisor
The California Department of Industrial Relations requires businesses to post labor law posters covering topics such as minimum wage, health, safety, and other labor laws. Additional city-specific posters may also be necessary for compliance. Minimum Wage Updates in California On January 1, 2023, California’s minimum wage increased to $15.50 per hour. Regularly update and display … Read more
Delaware: Choosing Delaware for Your Business No sales tax, no tax on transactions, and no capital stock transfer tax applies. Affordable filing fees compared to other states. Provides liability and privacy protection. Nevada, Wyoming, and Delaware: Top States for Incorporation Best options due to low business taxes and costs. Register as a foreign corporation if … Read more
Audience and Purpose of Annual Reports Current shareholders and potential investors are the primary audience of annual reports, which are now considered marketing tools. It provides a complete idea of the company for shareholders and prospective investors. Requirements for Annual Report Infographic and GST Return An infographic for annual reports is a beneficial option. GSTR-9, … Read more
ATF Certification Overview The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is a federal law enforcement organization within the United States Department of Justice. The ATF issues interstate commercial licenses for the sale, possession, and transportation of firearms, ammunition, and explosives. ATF’s Federal Explosives Licensing Center issues and renews Federal explosives licenses and permits … Read more
Ways to Confirm a Company’s Legitimacy One of the most effective ways to find out if a company is legitimate is to search for feedback or any other forms of customer reviews online. Remember, complaints aren’t always a huge deal, but you should look out for keywords like “scam” or “lawsuit”. Steps to Verify Business … Read more
Introduction to Tax Collection at Source (TCS) on Scrap Sales The government introduced tax collected at source on the sale of scrap to monitor an unorganised market segment. Scrap refers to waste materials resulting from mechanical working or manufacturing processes, as defined in the Income Tax Act. Exemptions and Procedures for TCS on Scrap Sales … Read more
Scraping a Car not in Your Name When you scrap a car not in your name, provide proof of ownership like a bill of sale or title. Then arrange for the car to be taken away and scrapped. Maximizing Value and Legal Requirements Selling vehicle and its parts can earn maximum value. Approach a scrap … Read more
Understanding Gross Ton in Scrap Pricing The symbol "GT" stands for Gross Ton. Gross tons are the standard for pricing steel and commodity weights. An example to help determine pricing per ton or pound: If a yard pays $0.05 per pound for 2,000 pounds (Net Tons) = $100. But for 2,240 pounds (Gross Tons) = … Read more
Overview of Car Breaker Yards A car breaker yard is where old, broken or end-of-life cars and vans are collected, stripped, resold, broken down or destroyed. Breakers strip valuable parts like engines and catalytic converters to resell. The unusable vehicles and parts left are compressed and sold as scrap. Licensing and Permits To legally break … Read more
Benefits of Two-sided Business Cards A two-sided business card allows for more visually appealing designs. You can feature your logo and contact details on one side, while the other side can have eye-catching images related to your business. This visual contrast can make your card memorable. Additionally, the second side can be used for various … Read more