Does An Independent Sales Rep Need A Business License? It is believed that the majority of independent contractors never obtain business licenses. But we are most assuredly not advising you to forgo getting one — it’s up to you to do your homework and determine if you need a business license for your chosen field.
Can An LLC Be Incorporated? Can an LLC be incorporated? Converting an LLC to a corporation can be done through statutory conversion or statutory merger. Incorporating can make it easier for a business to get funding from investors. To incorporate, LLCs need to make a number of changes including changing the name, changing the EIN,
Can I Incorporate If I Owe Taxes? Can I incorporate if I owe taxes? Is it Possible to Incorporate Your Business? Even if you owe taxes, you can still incorporate your business. Both corporations and LLC business structures allow business owners to separate and protect their personal assets. Can the IRS come after you personally
Can You Contribute To Roth IRA From Business? Can you contribute to Roth IRA from business? Roth IRAs essentially are individual IRAs. You can set up a Roth IRA for yourself as a business owner and make contributions to it from your business earnings or other earnings. Can you contribute to a Roth IRA from
Do I Need A Company Name To Be Self-employed? Do I need a company name to be self-employed? You don’t have to have a formal company, such as a partnership, S corporation or limited liability company, to be self-employed. The simplest business structure is a sole proprietorship, and those don’t have much structure at all.