Belle Wong, J.D.
Belle Wong, is a freelance writer specializing in small business, personal finance, banking, and tech/SAAS. She spends her spare moments testing out the latest productivity apps and plotting her latest novel.
More From This Author
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How to Change a Corporation to an LLC Without Dissolving the Corporation
If you want to change your corporation into an LLC, the traditional process is slow and complicated. But in many states, there's an easier, less-expensive way.
· 5 min read
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Do I Have to Use LLC in the Business Name?
While the rules vary from state to state, it's worth knowing what they are before choosing a name for your LLC.
· 4 min read
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Can an S Corporation Be a Member of an LLC?
Because an S corporation must follow IRS rules—and an LLC, state laws—cross-ownership can be confusing. But it's possible in the right circumstances.
· 4 min read
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Can an S Corp. Own an LLC?
Given the differences between S corporations and LLCs, there may be some situations where it might be beneficial to have an S corporation own an LLC. Is this possible?
· 3 min read
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Can a Revocable Trust Be a Sole Member of an LLC?
To pass your property on to beneficiaries cost-effectively when you die, consider combining a revocable trust with an LLC. It's surprisingly simple.
· 3 min read
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Adding Partners to an LLC
To add a member to an LLC, you must generally follow the operating agreement or state law, though there are additional considerations, including tax concerns.
· 3 min read
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How Do You Name Your New LLC Business?
It’s worth the extra effort you’ll need to put into finding a name that’s a good fit for your new start-up. The right name will do more than just serve as a way to identify your company; it will also provide you with the base from which to build your brand and reputation.
· 5 min read
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Could You Turn Your Business into a Nonprofit?
Thinking about converting your for-profit business into a nonprofit? Find out why you might want to make such a change, and how to go about it.
· 4 min read
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Should I Publish an Annual Report?
Annual reports are not only beneficial to large, publicly traded corporations. Armed with an understanding of what an annual report can accomplish, small businesses stand to gain similar benefits by publishing annual reports of their own.
· 3 min read
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Do I Need a Profit and Loss Statement if I'm Self-Employed?
Are you a self-employed individual who's not that concerned about financial statements? There is one financial statement you'll definitely need for federal and state tax purposes: the profit and loss statement the IRS requires from sole proprietors.
· 3 min read
