Taxes
When Does a Business Need a New EIN for Taxes?
The conditions that call for a new EIN are outlined by the IRS and are very specific. But generally speaking, if a business changes its name or location, it does not need a new EIN.
Nellie Akalp
CEO, CorpNet Inc.
Nellie Akalp is a passionate entrepreneur, recognized business expert and mother of four. She is the CEO of CorpNet.com, the smartest way to start a business, register for payroll taxes, and maintain business compliance across the United States.
Loved by entrepreneurs, accountants and lawyers, CorpNet offers transparent pricing and a simple ordering process. Payroll service providers and larger firms appreciate CorpNet’s quickly scalable software and API solutions.
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How to Help Clients Navigate Nexus: A Guide for CPAs and Accountants
For CPAs and accountants, guiding clients through the intricacies of tax nexus also means monitoring and ensuring compliance and optimizing tax strategies.
Payroll
Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners
Payroll taxes encompass various taxes that employers are required to withhold from employees’ wages and pay to the appropriate tax authorities.
Small Business
Beyond the LLC: Alternate Business Structures in 2024 including Benefit Corporations
While the Limited Liability Company (LLC) has long been a popular choice, other alternatives may better suit your clients’ needs. Let’s explore two noteworthy possibilities.
Small Business
The Benefits of Delayed Business Filings
In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer.
Small Business
It’s Time for Your Clients to Tackle Meeting Minutes
Not all businesses are required to maintain meeting minutes, but it’s essential to understand which ones should.
Small Business
How to Offer Registered Agent Services
By adding RA services to your CPA firm, you’ll become your clients’ one-stop solution for their business needs, including accounting, tax, and compliance services.
Small Business
How SUI and State Income Taxes Affect Small Businesses
Because registering in multiple states is time-consuming and requires numerous compliance deadlines, most companies employ a third-party formation service to ensure they stay on the right side of the law.
Small Business
A Refresher on the Types of Small Business Legal Structures, and Their Benefits
Now is an excellent time to review how your clients’ legal structure affects their business and personal taxes. Let’s look at the types of entities, how taxes are filed, and when clients should consider changing their entities.
Accounting
Milestones for S Corporation Election
Although the most significant advantage is the limited liability protection it provides its shareholders, the S Corp election also avoids the double taxation incurred by C Corps.
Small Business
How to Expand a Business to Another State
Are your clients interested in expanding their businesses to a new state? Here’s a valuable guide to help you advise them as they grow their businesses.
Small Business
Moving a Business to a Different State
In this final Conversion Series post, we reveal what you need to know to help your clients move their businesses from one state to another.