How Is the Sale of an LLC Taxed?

Tax Treatment of Single-Member LLC Sale The sale of a single-member LLC is typically handled as an asset sale. Defer taxes by purchasing qualified small business stock. Qualified small businesses are domestic C corporations with less than $50 million in assets. Some members might pay capital gains taxes. Tax Implications of LLC Unit Sale Sales … Read more

How Many Names Can Be on a Bank Account?

Joint Bank Accounts A joint account allows multiple account holders to deposit and withdraw money. Joint accounts commonly have two account holders, but can have more. You can open a joint bank account with three, four, five people or even more. For current accounts, each account holder will have their own debit card to make … Read more

How Can I Improve My Entrepreneurial Skills? Introduction

Welcome to the Markdown Formatting Guide! Markdown is a lightweight markup language with plain text formatting syntax. Its design allows it to be converted into many output formats. Markdown is often used to format readme files, for writing messages in online discussion forums, and to create rich text using a plain text editor. Markdown is … Read more

Is It Better to Be a Single-member LLC or Multi-member LLC?

Single-Member vs Multi-Member LLC The point of a single-member LLC vs a multiple-member LLC is to create a legally separate entity for single business owners. Single-member LLC owners have personal limited liability protections for their business’ debts. The LLC business structure creates a separate legal entity that shields the owner and offers limited liability protection … Read more

How Do I Copyright a Logo and Name? Legal Protection for Logos

A logo needs legal protection. However, this makes standing out in the marketplace challenging. When you create a logo, you get copyright automatically. You can register it as a trademark or attach a copyright notice to it. Copyright vs. Trademark Copyright and trademark protect intellectual property differently. Copyright protects the use of an idea, while … Read more

What Is Duda Builder? Duda Website Builder Review

Duda allows creating websites with pre-made themes, layouts, and templates. Its drag-and-drop editor makes adding content easy. This review covers Duda’s features, pros, cons, pricing, alternatives. Key Features and Limitations Duda’s website builder suits small businesses offering services. Its functionality won an award. Duda suits beginners and white label agencies due to ease of use. … Read more

How Do I Get a Copy of My Articles of Incorporation in MA?

Obtaining Company Documents in Massachusetts To obtain copies of your company’s articles of incorporation or articles of organization, visit Massachusetts’ Corporations Division website. Types of Documents: Articles of Incorporation: The documents filed to legally create a corporation. Certificate of Organization: Officially forms an LLC in Massachusetts. Certificates and Fees in Massachusetts MA Certificate Service: A … Read more

What Are the Types of Copywriting? Understanding Copywriting and Its Types

Copywriting is the art of persuasive writing that aims to sell a brand or product, while content writing builds an image in consumers’ minds and can be used for various purposes such as advertisements and service descriptions to how-to guides. The Diversity of Copywriting There are many types of copywriting, each serving a specific purpose. … Read more

Do They Still Make Good Humor Ice Cream?

Introduction to Good Humor Ice Cream Trucks Independent contractors sell Good Humor products from their own ice cream trucks. In the early 1920s, Harry Burt, Sr. created the iconic chocolate-coated vanilla ice cream bar on a stick with the help of his son. To market Good Humor Bars, Burt sent out a fleet of 12 … Read more