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Do You Need a Business License to Sell on Shopify?

The Shopify platform boasts 1.75 million sellers, making it one of the most popular ecommerce tools available to business owners. If you're currently using Shopify or plan to do so once you launch...

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Do You Need an EIN for a Trust? (Plus How to Get One)

If you're fortunate enough to amass wealth and assets that you'd like to pass on to your beneficiaries, you've likely considered setting up a trust for your inheritors. A trust is an entity that...

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Can You Run an LLC From Home? Pros and Cons of Home-Based Business

There's no place like home when it comes to small business. In fact, the U.S. Small Business Administration has found that around half of all small businesses start from home, sweet home. If you're...

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What Is the Definition of an LLC?

One of the key decisions you'll need to make when starting your business is choosing the right business structure. While there are several options available, LLCs have gained popularity due to their...

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How to Get a Business License in Alaska (2023)

If you're planning to start a business in the tax haven of Alaska, you must obtain a business license. Whether you're an independent contractor with a sole proprietorship or planning to establish an...

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Commercial vs. Noncommercial Registered Agent: Which Do You Need for Your Business?

By state law, your business must appoint a Registered Agent — a designated party that accepts key correspondence from the state government. Also known as an agent for service of process or a...

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What Are the Tax Benefits of an LLC for a Rental Property?

Between mortgage payments, repairs, property taxes, and more, the costs of owning a rental property can add up. So when it comes time to form a business entity for your rental property business, you...

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Is an LLC a Partnership? (Plus Other FAQs)

Thanks to their flexibility, personal asset protection, and relatively low maintenance, Limited Liability Companies (LLCs) have become increasingly popular with small business owners. But are LLCs...

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Is a P.O. Box Better Than a Virtual Address?

"Deliver the letter, the sooner, the better" is more than a catchy song lyric — it's a plea business owners frequently make, especially when they're waiting on important letters or documents to...

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Registered Agent vs. LLC Organizer: Which Does Your LLC Need?

If you're getting ready to start a business, you know there are many decisions to make. One of them is deciding who will be your Registered Agent and who will be your LLC organizer — but you might be...