Last week we looked at forming a business entity. When a business is formed that business owes various duties and obligations to its employees, the public and the government. Some things to watch out for are: 1. Make sure that you pay all the State registration fees. If you do not, your entity may be …
At tax time, many lawyers or accountants are asked by self-employed people, whether they should incorporate or form some type of business entity. The reason many people form business corporations or business entities is that they wish to keep their business assets and personal assets separate. There are several business ownership options, such as a …
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