In light of the recently passed Small Business and Infrastructure Jobs Tax Act – which offers new tax credits to small businesses with the hopes of promoting job generation – entrepreneurs may consider business incorporation to maximize their tax savings. Perhaps an S corporation would be the best choice for this.
In light of the historic healthcare reform recently passed, many families and young professionals are investigating how their medical coverage will change. At the same time, many businesses are considering how their taxes might change. A report for the Wall Street Journal suggests the reform might be costly for businesses at first. Verizon Communications, for […]
When Carl Chuzy – the founder of Carl Chuzy Co. – died, his Lincoln Towncar remained parked outside his office, his company kept its founder’s name and his successors enjoyed a successful business with Chuzy’s loyal clientele. By retaining all of these aspects of the business, the real-estate company was able to outlive its founder. […]
When entrepreneurs consider business formation, LLC is usually one the of the most common structures chosen. Adding the suffix to a business name comes with a level of prestige that can win investors’ and clients’ trust. But this entity has a lot more to offer entrepreneurs. BusinessInsider.com reports that filing an LLC for a business […]
In tough economic times, many Americans closely monitor where their dollars go. The environment lends itself to lawsuits when people feel they are not getting their money’s worth. This might inspire businesses to go above and beyond in order to satisfy clients who trust them with limited funds. It might also inspire them to undergo […]
Business owners might be inspired to undergo business formation in light of the recent Small Business and Infrastructure Jobs Tax Act that promises to bring new tax benefits to startups. With this in mind, the Small Business Survival Guide suggests entrepreneurs get familiar with Nevada. According to a recent report from the online forum, Nevada […]
As the end of 2009 tax season approaches, there are some new economic trends that might have an impact on businesses’ bottom lines in the coming year. One small business resource center offers some insight on trends that entrepreneurs might look out for in 2010. To start, the source suggests that the IRS will be […]
A recent study from the Kauffman Foundation showed that the nation’s top-performing, young businesses create 40 percent of new jobs in the U.S. in any given year. In light of this, Dane Stangler, author of High Growth Firms and the Future of the American Economy spoke with BusinessWeek about how entrepreneurs might benefit from these […]