LLCs are popular for entrepreneurs and groups seeking to launch a promising new business venture. Some common reasons why people elect to form LLCs include: Low startup cost: Often, a limited liability company costs less to establish and run than a corporation. In some states, the fees are less than $100. LLCs are an ideal business structure […]
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Business valuation can be important, the key factors that affect business valuations, and how to best estimate valuations.
Knowing the true market value of your business can be useful for many reasons, not just for selling it or raising investment. Putting a price on the company may be the first time a business owner – especially one with a small, entrepreneurial, founder-based, or family-owned business – comes to fully understand how outsiders view […]
How to take the home office deduction without triggering an audit We are less than a month away from the April 15 tax deadline.
As of March 15, the IRS had processed nearly 71 million returns, with the average refund hovering near $3,100. The home office deduction is not allowed currently for expenses related to being a W-2 employee. [It’s] allowed only for self-employed individuals. One key requirement for the deduction is that a portion of the home needs […]
Business Litigation
Business litigation is the process of resolving disputes involving businesses through the court system. There are a vast range of issues that can lead to business litigation. Litigation can occur between two companies, an individual and a company, or even between individuals within the same company.
17 Security Practices to Protect Your Business’s Sensitive Information
How to protect your business’s sensitive information Cybersecurity starts at the top of the business. Your staff will be compelled to make cybersecurity a priority only if it’s important for the organization as a whole. To create an effective cybersecurity plan for your business, first you need to carry out a cyber risk assessment that […]