Gain Knowledge from CorXec’s vast business experience
When entrepreneurs want to expand their businesses, they face the important decision of how to structure that growth. One approach is to form a separate company under another registered business entity. Some restrictions exist and small business owners may be wondering if an S Corporation can own an LLC (Limited
Creating a budget as a freelancer shouldn’t be any harder than it is for any other small business. And yet, the rollercoaster ride of finding and keeping clients, collecting invoices, marketing your business, and juggling all of this yourself can create major budgeting headaches. Income predictability is a challenge unique
Yes, operating a business as a sole proprietor or general partnership offers simplicity, but that comes at the cost of not having a separation between you as an individual and your company. Are there other options? There are alternate options that include popular entity types like the Limited Liability Company,
CorXec can act as your company’s registered agent in any state ensuring your corporation or LLC stays compliant with any service of process, legal notices, or official mailings.
When someone sues an LLC, the procedure of delivering the legal paperwork that initiates the lawsuit and allows it to proceed is referred to as service of process. Service of process notifies the LLC of the lawsuit, and it establishes that the court hearing the lawsuit has jurisdiction to do
CorXec can act as your company’s registered agent in any state ensuring your corporation or LLC stays compliant with any service of process, legal notices, or official mailings.
It may seem very appealing to use a UPS store or PO Box for your registered agent, but this comes with a lot of risks. And in some states, this action can result in the closure of your business. Let’s walk through what a registered agent is and why opting
Tax season is over (for most of us). So, what’s next for business owners and professional advisors with business clients? With so much disruption and distraction this year, you may have fallen behind keeping up with compliance for business licenses, permits, and identification numbers. Here’s a mid-year business checklist to
Did you structure your business as a C Corporation or LLC for limited liability protections? For most scenarios the extra filing requirements, paperwork, and fees are worth it your personal liability protection helps make sure your assets are protected from the business’s debts and legal issues. And that goes for
Whether you sell products or services in one state or many states, it’s imperative to understand your business’s sales tax compliance requirements. To correctly register a business in a state and then file the proper sales tax, you need to know the difference between sales tax and sellers use tax
It’s an understatement to say the last few years have been tumultuous. Nearly every business has felt the pandemic’s economic effects, and many have faced natural disasters such as hurricanes, tornadoes, draughts, and wildfires. With CorXec’s location in southern California, I relate first-hand to the challenges that entrepreneurs have faced.
A company might request to use an assumed business name instead of its legal name for conducting business. This is more commonly known as a DBA (Doing Business As). In this article, I’ll explain why business owners might want to use an assumed business name, how to get one, and