by Nate Gilbert | Aug 31, 2021 | Business Law
An LLC, by default, is taxed as a “pass through” entity, where income is reported on the member’s personal return on Schedule C. An LLC may also make an election to be taxed as C corp, where your entity will be taxed as a corporation and thus subject to the 21%...
by Nate Gilbert | Aug 30, 2021 | Business Law
Starting a small business in Texas is easier than you might think. However, there are still a number of things you’ll need in order to get your idea off the ground, including some key but often overlooked documents. Business Formation Documents Even in the first...
by Nate Gilbert | Aug 25, 2021 | Business Law
The first benefit is simplicity. If you and at least one other person are attempting to get a venture off the ground, a partnership may be your quickest way to do so. In fact, partnerships can be formed without the partners ever actually doing so, such as in a “de...
