Business Contents Archive

Why register a Delaware LLC when you have to register an LLC in the state you live and operate in anyway?

I’ve heard that Delaware has the best laws for starting an LLC for a variety of reasons, and that if you had to pick a state to start an LLC, it’s the go to. But! It seems like if I’m a California resident for example, living, working, and operating in California, a Delaware LLC doesn’t really matter, because I would have to *also* register a California LLC (more expensive, less protections, generally a pain in the rear) since I’m doing business in that state. What’s the point of the Delaware LLC then? Is there some sort of business strategy that makes them useful to someone who operates out of a different state than Delaware? How do you use a Delaware LLC to your advantage as a small business?

Do quarterly taxes get paid after the quarter or estimated before the quarter?

I’m opening a business selling digital products at the start of the new year and I’ve figured out all my tax forms, licensing, and payment schedules and all of that from Federal down to municipal. But, if I open in January, do I first pay taxes in April? And is that for Jan-Mar quarter or is it an estimate of the next quarter? I think I’m being thrown off by the estimate part. Although, I think I’ve figured out the estimate so for the year? I’m just confused on this. And I tried to find a CPA Reddit I could post this to, but couldn’t find an appropriate one. So, when I pay taxes quarterly am I paying on the previous quarter or the next quarter? And if it’s the next quarter, how do I pay on the first quarter (Jan-Mar). Also, I know I’ll owe taxes because I already have a large following from free things I offered before and I have demand for the new paid items I’ll be offering. So, I’m just looking for tax info, not whether I’ll need to file. Thanks so much!

El Salvador President Nayib Bukele says the country took advantage of the 7.7% decline in Bitcoin on Friday to purchase 100 more of the coins https://t.co/nb3irNL6Qq

Anyone in a position to make hiring decisions should learn to deeply understand, challenge, and confront their personal biases. https://t.co/euR0iiPG6k

Looking to add floral to my brick and mortar live plant shop, need abit of insight.

Context: I own a brick and mortar plant shop and sell mostly tropicals, succulents, pots, etc. A new employee of mine has experience with floral and due to how accessible cut floral is to me I’d like to explore this space. Does anyone have any insights, experience, warnings or anything else?

Home office tax write-off for pass-through entity?

I have a LLC Partnership with my partner. He is renting a place in Arizona and I'm renting a place in Illinois. We are wondering if the home office write off would allow us to count our home offices as write offs. Since we only really meet with clients remotely (from home), and work from our homes. Also, would this allow us to write off taxes on our personal taxes or only through our business tax? We're a year in so I'm very new to all this. We also \*only\* did about 10-20k last year. So not sure how to go about this.

Since 1980, the global catch of eel has declined by more than 75% https://t.co/AUXzXkDbiy

Just testing the waters

So I've been working at a spa for almost 4 years now and managing it for over a year, I have an established clientele. The spa we currently work at is the only one in town, so we would immediately be the competition which would look underhanded but 🤷‍♀️. I don't even know where to start or if we would need to make a businesses plan. I don't know what all we would even need to plan for or present a proposal. I didn't know if there was someone I could at least talk to in town to get just a rough idea of what that would look like financially before I spend a bunch of time making up a business plan. Because I don't want to get my hopes up if it's not even a possibility. Any help is appreciated

Bank of England chief economist backs case for raising interest rates https://t.co/sYsuzCvhh0

Need help please - When can I as the owner of a multi member LLC withdraw money from my business account?

Fairly new to owning a business. Initially I invested a lump sum of money to help get the business off the ground and purchase some equipment. The money was my own hard earned cash from my normal 9-5 job. Myself and the other owning member do not take salaries and have never paid ourself in any other way from our business. We haven’t even been profitable until very recently after selling some of the equipment we are no longer using. My question is, can I withdraw the same amount that I initially invested into the company without it negatively effecting our taxes or being flagged for intermingling our business and personal funds? We are not an S or C corp just an LLC classified as a partnership. TIA

Just published: front page of FT Weekend, UK edition, Saturday 27 November https://t.co/XfEqbjnZQv https://t.co/Evod87b0xk

Invest is Dubai properties . Good return

Pfizer added more than $17 billion to it market value as the shares climbed 6.1% at 12:02 p.m. in New York trading https://t.co/7eFmgzZADN

A step-by-step guide to using mindfulness to break your bad habits. https://t.co/CC3QB5oN5a

Only 17% of electronic waste is recycled. Here's how this e-recycler is saving devices made of hazardous and valuable goods from ending up in landfills https://t.co/GjtUVdJP04