Paint the Full Picture
Many people think they have property formed their new LLC when they have filed the Certificate of Formation with the State. If you only file the Certificate of Formation you are at risk of a creditor arguing this is a “sham/ shell” company that is not properly formed...
Don’t forget to pay your taxes!
Deadlines for federal tax calendar For companies who use the federal tax calendar and are electing large partnerships, in October, the company will need to pay any tax that was obtained through a six-month extension. December: By December 15, corporations will need to...
Independent Contractor or Employee?
Independent Contractor or Employee · What is the difference between an independent contractor and an employee? In a very general way, an independent contractor is a self-employed person who operates her own business and is able to carry out that business...
The 5 W’s of Sales Tax
The Who, What, When, Where, and Why of Sales Tax for the Business Owner WHO Are you a business owner in Texas? Do you sell or lease goods (also referred to as “tangible personal property”) which can be moved, seen, measured or touched? Do you provide “taxable...
Time out: Overtime laws create stricter standards
New overtime laws mean employees could be seeing pay raises or less hours depending on how their employers respond.