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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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6 Step Checklist to Structure Your Business

StartupNation

Check with your Secretary of State to see if there is a business already using your chosen name. For most states, you can do this online. The benefits of an LLC include reduced paperwork, less stringent reporting and a more flexible management structure. Keep in mind that formation fees vary by state.

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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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Raising Capital for Your Startup: Top Legal Considerations to Know

StartupNation

Complex federal and state laws regulate raising capital, and entrepreneurs seeking investors must know about them to prepare for them and keep their company out of legal trouble. You’ll also need to make many complicated filings with federal and state authorities depending on what types of investors you’ll be pursuing.

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10 Financial Decisions Before Starting Your First Business

Smart Hustle Magazine

It should reflect from the cost of sales and labor expenditures to machinery, marketing, company licenses, taxes, and more. When you combine business and personal in such a manner, your LLC or corporate protection could be revoked. This could also save your finances as they will take fewer hours on your taxes. Raise Funds.

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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. State unemployment insurance (SUI withholding). This is an employer-funded tax program that provides short-term benefits to workers who suddenly become involuntarily unemployed. Sales tax license. Seller’s permit.

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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.