In the United States, it will take up to two weeks before your EIN becomes active and part of the IRS’s permanent records. You are expected to wait until this occurs before you can file an electronic return, make an electronic payment, or even pass an IRS Taxpayer Identification Number (TIN) matching program. Have it…

 

Are you wondering how you can cancel your EIN in the USA? If YES, here is a detailed process of how you can cancel your EIN in 2021. If you are changing business structure, considering closing up shop for a business or retiring and selling your corporation to another entity, you may be wondering how…

 

The simple answer to this question is that the number EINs you are allowed is directly proportional to the number of business entities you have. A single business or entity can have only one, although there are scenarios where you will need to apply for a new one due to changes to your business. This…

 

Are you wondering how you can get an EIN Number in Idaho? If YES, here are 4 proven steps to get an EIN Number easily in Idaho in 2021. Every day, entrepreneurs start up new businesses in Idaho. This is because out of all fifty states of the United States, the Gem State has the third-cheapest…

 

Even though you are allowed legally to be your own registered agent, this responsibility can bring up so many issues especially in terms of your privacy and time. Nonetheless, here is a list of the risks that stem from being a registered agent. You Must Be Available at Your Place of Work Throughout the Entire…

 

As simple as choosing a business name is, it has turned out to be one very important aspect to consider while opening a business or registering one. It is a known fact that the name of your business is almost the first thing a person will encounter when they want to patronize your business; even…

 

Choosing a legal structure for your business is one of the first decisions you have to make when you want to start a new enterprise. You have the choice of setting up shop as a sole proprietorship (if you plan to own the business by yourself), a Limited Liability Company, a partnership (if you desire…

 

Yes, any business operating in the United States without a license, or with an expired license, may be subject to penalties, such as harsh fines and/or cease – and – desist orders. Some agencies will permanently revoke a license for egregious behaviour. Other agencies will force businesses to return all profits that were collected during…

 

Do you want to know the forms of business ownership that cannot be subjected to double taxation? If YES, here are 7 smart ways you can avoid double taxation. What is Double Taxation? Double taxation is a situation that affects C corporations when business profits are taxed at both the corporate and personal levels. The…

 

Do you want to register an LLC or corporation in North Dakota? If YES, here is an 8-step guide on how to get an Article of Incorporation in North Dakota. Incorporating a business tends to protect its owners’ personal assets from liability if the corporation is sued or cannot meet its financial obligations. A corporation…

 

Can two companies have same business name in different countries or states of USA? Here are 4 steps to take if you find out your name exist somewhere else. Yes, it is very possible if the business name is not trademarked or registered in the same country or state. A trademark has a territorial aspect;…

 

Do you have a unique Business Name idea but you are unsure if it is available for use? If YES, here are 3 low cost ways to find out if a business name is taken. Look around you and you would find that there are avalanches of businesses scattered all over the globe. There are…

 
 
 
 

What are the benefits of incorporating a small business? Why should i incorporate a business? Well, i advice you read on to find out. Incorporating a business is a must in the business atmosphere of today. Such an action has plenty of implications beyond business; psychological, legal, and even financial. Aside from seeing the glowering…