December 5, 2019
What Entity Structure Is Best for Active Income vs. Passive Income?
When it comes to passive vs. active income concerns, you should be ready to advise which structure makes the most sense for them and offers the best tax advantages.
Nellie Akalp is a passionate entrepreneur, recognized business expert and mother of four. She is the CEO of CorpNet.com, the smartest way to start a business, register for payroll taxes, and maintain business compliance across the United States. Loved by entrepreneurs, accountants and lawyers, CorpNet offers transparent pricing and a simple ordering process. Payroll service providers and larger firms appreciate CorpNet’s quickly scalable software and API solutions.
December 5, 2019
When it comes to passive vs. active income concerns, you should be ready to advise which structure makes the most sense for them and offers the best tax advantages.
October 10, 2019
With all the decisions your clients are expected to make when starting a business, which legal structure to choose might not get as much consideration as it should. Most business owners choose to form a sole proprietorship in the beginning, since ...
August 8, 2019
Now that we’ve passed the mid-year point, it’s a good time for a quick refresher course on what your business clients need to know about choosing their legal structure. Your clients’ business entity type has legal, financial and administrative ...
May 30, 2019
Since summer is a popular vacation season and because we don’t want to see you crash and burn, here are a few ideas to help you and your staff get some time away from your business—without skipping a beat.
March 10, 2019
There are several reasons your clients may want to switch entities in the course of their business lives. When they started their businesses, a Sole Proprietorship may have been the default selection, but over time your client may need ...
September 26, 2018
Incredibly, three in five small businesses do not have a business succession plan in place, according to a Nationwide Small Business Survey. Of those, 47% don’t have a succession plan because they don’t think it’s necessary, while 14% don’t have a ...
August 20, 2018
Owning your own business means staying current on new laws, requirements and filings. That’s a lot to tackle, and in many cases your clients rely on you to keep them compliant. Do your clients even know they need to maintain their corporation or LLC ...
July 9, 2018
If you’re not confident about your ability to come up with marketing ideas, you might want to outsource to a marketing expert. Consider using online marketing, social media, in-person and online networking, and community-based marketing to help you ...
May 8, 2018
It’s important to reward employees for their achievements and encourage them to learn more skills they can put to use at your company. Even if you can’t promote them right now, be sure to recognize their achievements. At CorpNet, for instance, we ...
March 20, 2018
Can you see the light at the end of the tunnel? Right about this time, we bet you’re up to your eyeballs in tax returns, so it may be tough to think about how to make sure the tax season ends on a high note. Here are a few tips we think will help you…
January 24, 2016
If your clients are running a business as a corporation or LLC, they may be wondering what they need to do to maintain that LLC or corporation each year. Running a corporation/LLC is more involved than running a sole proprietorship/partnership, but it ...
January 6, 2016
Whether you incorporate or form an LLC, creating a formal business structure is a huge milestone for any small business. However, legal obligations aren’t done once you file the incorporation/LLC paperwork.