While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

Registering your business is a small but vital step on your journey to becoming an entrepreneur. You can typically do this yourself for free, but if you're worried about making a mistake or just want ...

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that I’ve seen commonly trigger an audit and discuss how to avoid these red flags.

Do I need a business bank account for my LLC? Starting a limited liability company (LLC) often raises questions about banking requirements that can leave new business owners confused. Many ...