Author name: Ricky Taggart

Forming an LLC Idaho vs. American Samoa Choosing how to set up your business entity can be a challenging and overwhelming task. There are many types of business entities that you could choose from in Idaho, each with its unique benefits and drawbacks.  However, one popular choice for many small businesses is creating an Idaho LLC The business operating […]

There are different business structures that you can choose from, and it can be tough to decide which is right for you. Understanding the basics helps when trying to decide whether to get an LLC vs DBA or dba vs. llc. LLC (limited liability company) is a legal entity that protects assets if a business is sued. If

What is an LLC? Limited Liability Company Structure and Benefits Defined Business llc meaning and small business ideas In the United States, a limited liability company (LLC) is a type of corporate structure that shelters its owners from being held personally liable for the liabilities of the firm. Limited liability companies are unique legal entities with, merged properties of partnerships, and sole

Single Member LLC vs Sole Proprietorship Single member LLC is simple and there is less involved compared with a corporation. A corporation is not required to have a team of executives and large shareholder meetings. It is possible to be the only shareholder, CEO, and employee of your company. States allow individuals to form a single member Limited

NFT | NFTs | NFT businesses NFT businesses will benefit from starting a limited liability company (LLC). Starting an LLC for NFT or nonfungible tokens, protect personal assets NFTs can be stored in a limited liability company (LLC) for Ultimate Protection. The first thing we want to mention is that NFTs are non-fungible tokens. These are digital assets that cannot be

Startup costs: Understanding the Costs and Taxes How to start a business One of the most exciting events in life is launching a new business. It is very important to determine which startup expenses are required to get your business off and running. We recommend that you work with a certified public accountant (CPA). CPAs can

Set Up LLC In American Samoa For NFTs Setting up a limited liability company in American Samoa for cryptocurrencies and other digital assets (NFTs) is becoming more and more popular. There are several advantages to holding your cryptocurrency assets in an LLC, including owning your property, receiving bank accounts and other services with the same

Are LLC Members Liable For Federal Tax And State Debts In American Samoa? This article will provide an in-depth look into the tax liability of LLC members in American Samoa. The issue addressed is whether an LLC can be held liable for federal tax and state debts its members owe as individual partners. We will briefly discuss

Set Up LLC For Cryptocurrency Cryptocurrencies can be a great investment opportunity. However, there are some legal issues you should be aware of before trading cryptocurrencies in the United States. Todays guide will talk about setting up your LLC in American Samoa and how to utilize cryptocurrency using this new business structure. Many American Samoa residents want

What Happens When An LLC Fails? An LLC, or a limited liability company, is often the business structure chosen by small- to medium-sized companies. They are easy and inexpensive to form and manage, but they also feature a high degree of protection for their members. However, just as real estate sales can go smoothly and make a profit, an