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Entrepreneur Tips and Discussions

PSA: When you open an LLC people try and scam ya about Labor Posters.

I recently opened another LLC. As always, I started getting a lot of official looking letters around regulations for my business. The one that looks the most official is the need for labor posters. [What the document looks like.](https://imgur.com/a/ASCsjqZ) It talks about audits and being out of compliance. Along with that it talks about the […]

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Entrepreneur Tips and Discussions

Creating an LLC to shelter income from higher tax brackets

Hey guys, my wife and I are respiratory therapists. Last year, together, we made just shy of 100k. In April we took travel contracts to work in NYC during the peak of the Covid outbreak and have grossed almost that already in 8 weeks. We plan on continuing the contract work from now on, which […]

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Entrepreneur Tips and Discussions

where to file an LLC?

hi i’m starting an online business reselling shoes soon and curious which state is the best state to file an LLC in? plan to eventually become a brick and mortar store but that’s down the line. just want an LLC to handle liability and get trademarks and business cards/bank accounts and what not. thanks! View […]

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Entrepreneur Tips and Discussions

How to calculate taxes for sole proprietorship or LLC in Culver City?

Hi I was wondering how to calculate all the taxes you anticipate owing based on what your NOI. First I did it as sole proprietorship and assumed that it would be taxed at personal income tax rate. It came out to 42.15% $210,771 with take home pay of $289,229 For LLC I know there’s a […]