What is an LLC?

Have you been wondering what an LLC is and whether it’s the right move for your business? No doubt, you’ve heard the term ‘limited liability company’ before when it comes to business. At first glance, the term can sound overwhelming. But…
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employee identification number

Employer Identification Numbers — EIN Lookup, Application, Cost, and Changes

What is an Employer Identification Number (EIN)? An Employer Identification Number (EIN) is a nine-digit number the Internal Revenue Service (IRS) assigns to businesses for tax and reporting purposes. It’s also sometimes called a business ‘tax…
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Sole Proprietorships Guide — Advantages and Disadvantages

Sole Proprietorships: Overview and Formation What is a sole proprietorship? A sole proprietorship is the simplest of all business structures. It is not considered a separate legal entity. As such, there is no legal distinction between the owner and…
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