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Navigating Tax Obligations for Startups: What You Need to Know

Startup Blogpost

Navigating Tax Obligations for Startups: What You Need to Know Navigating the complex landscape of startup taxation can be daunting, but with insights from CEOs and financial experts, startups can stay compliant and even save on taxes. The amount that you invest initially is referred to as your basis in any investment.

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4 Factors to Consider When Choosing a Business Structure

StartupNation

Your business entity impacts everything from taxes to daily operations. Limited liability company (LLC), owned by one or more members. Single-member LLC. Multi-member LLC. In pass-through taxation, taxes “pass through” the business to the owners, who pay the taxes when they file their individual tax returns.

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5 Legal Must-Haves for E-Commerce Businesses

StartupNation

After an e-commerce business incorporates or forms an LLC, it’s time to review a small business checklist. There are essential items every e-commerce business needs, such as filing for business licenses and an employer identification number (EIN). Here are a few basics to file an application for: Business operation license.

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Everything An Angel Investor Should Know About The Corporate Transparency Act

Angel Capital Association

by Joe Wallin , leader of the Angel Capital Association Legal Advisory Council and Pricipal at the law firm of Carney Badley Spellman, P.S. Big Picture The CTA is intended to assist law enforcement in combatting money laundering, tax fraud, financing of terrorism, and other illicit activity through anonymous shell and front companies.

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How Do Small Businesses Stay in Compliance?

StartupNation

For example, an LLC will keep records with an LLC operating agreement while a corporation will update corporate bylaws. External Business Compliance: These are state and federal filing requirements for small businesses. External compliance may range from filing annual reports to paying franchise taxes.

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Beware the Tax Consequences of the Convertible Note

Angel Capital Association

However, the tax consequences of a convertible note have not been explored in as much depth. This blog post is an attempt to document the adverse tax effects that have surprised some investors. A Convertible Note is not Stock Angel investors are provided two potentially valuable tax benefits in certain cases. So, What to Do?

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8 Assets Entrepreneurs Need to Start a Business

StartupNation

Incorporate or form a limited liability company (LLC). Incorporating or forming an LLC allows businesses to act as legal, separate entities through limited liability protection. File for trademark protection. If you said yes, you will need to file a trademark application to protect this mark.