Do i need to register as an llc for my engine assembly service from my garage and what other documents do i need?

You definitely should start your business right by having your lawyer set-up an LLC .This will limit liabiility I hope that helps! Best, Ron

You did not state whether your wife is a permanent resident or US citizen. It is not true that you can exclude income that you earn from taxation...

You can have your attorney establish a limited liability company. It could be formed with you as the manager of the LLC and a trust for your son...

A loan is not income when received and is not a deduction when paid. (The interest can be a business deduction.) When you dissolve your C...

What Is The Best Business Entity To Pay The Least Taxes?

First, you are a sole proprietor which is good for tax purposes but allows all of the liability of the business to be against you personally. A...

The advantage of a limited liability company is that you can have multiple classes of membership interest. For example, you both may split control...

Thank you for your question. I am not sure why you want to set up a business in New Jersey if you live in Pennsylvania. If you are going to be...

We are forming a new industrial supply business as a start up. Should we consider LLC vs S Corp?

First, the limited liability company is almost always more flexible and advantageous that an S corporation for a new closely held business. If you...

A Limited Liability Company is not REQUIRED, but it is smart. Why expose all of your personal assets to the company liabilities when your LLC would...

This is definitely a tax law issue, not an accounting issue. CA is extremely aggressive trying to collect tax from anyone it can. Having a CA...