Is Your LLC Giving Your Money to the IRS? (Part 2)

Is Your LLC Giving Your Money to the IRS? (Part 2)

Is Your LLC Giving Your Money to the IRS? (Part 2) Welcome to Part 2 of our LLC series blog, “Is Your LLC Giving Your Money to the IRS? “. In Part I, we discovered that, for tax purposes, the LLC business structure is not recognized by the Internal Revenue Service and...
Is Your LLC Giving Your Money to the IRS? (Part 1)

Is Your LLC Giving Your Money to the IRS? (Part 1)

Is Your LLC Giving Your Money to the IRS? (Part 1) One of the most important decisions you will make as you start your business is what kind of legal structure you will choose.  Often people make costly mistakes when they select the way they set-up their business. ...
How can you have a fun business?

How can you have a fun business?

How can you have a fun business? There is no law against enjoying working in your business!   In fact, making your hobby into a business is a great idea! If you turn your hobby into a business, you will love what you do and be diligent about working it. And...
Is There a Formula for Being Decisive?

Is There a Formula for Being Decisive?

It is probably safe to say we all have made decisions that came back to bite us or we regretted. Think of one of yours…  Did you make the decision in a hurry?  Didn’t you always know in the pit of your stomach, that is was not the right thing to do?  The answer is...
Are You Creating A Mixed-up Mess?

Are You Creating A Mixed-up Mess?

One of the IRS’s biggest pet peeves is when the business owner mixes his business funds with his personal funds. This inappropriate handling of business funds is known as commingling. You must keep a separate business account using it only for business purposes and a...
Are you mentally ready for success?

Are you mentally ready for success?

Are you mentally ready for success? 6 Tips To Help You Cultivate The Mindset That Will Boost Your Home Business Success   The one thing you must understand about becoming an entrepreneur is – this journey will not allow you to skip over the ups and downs...

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