You and your attorney should explore: Local: County or city permits may be required. Contact your Chamber of Commerce to find out the specific requirements for your business. State: To find out what state licenses or permits are required, contact the Secretary of State’s office, or the Small Business Administration (SBA).
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1. Find the Licenses and Permits That You Need. 2. Apply Online or at the Courthouse. 3. Make Regular Payments and Keep Records. Depending on the type of business you’re running, you’ll probably need to apply for licenses and permits to operate legally. Certain businesses–especially restaurants and alcohol vendors—need to get them at ...
May 02, 2022 · Your business's CPA can also offer tax planning advice throughout the year to help minimize your tax liability. You can strategize together on business decisions such as appropriately timing your major asset purchases. On the other hand, while a tax attorney can also provide tax planning advice to clients, the distinct advantage of a tax ...
Jun 02, 2017 · This is one of the worst reasons I can think of, most business set-ups would only cost $500 to $1000 for an attorney to prepare. The most important thing you are buying for that price is piece of mind and an explanation of what everything means and a referral to a CPA who will not attempt to practice law. In Michigan it is illegal to practice ...
Required Information for a Business License. You will generally be required to provide the following information about your business, in addition to other information specific to the type of business you are operating: Type of business. Business address. Name of business owner. Contact information. Federal ID number.
You will generally be required to provide the following information about your business, in addition to other information specific to the type of business you are operating: Type of business. Business address. Name of business owner. Contact information. Federal ID number.
Not renewing your license can mean that your business is unable to operate. Most companies want a normal business license to function in a specific city or county. There are sometimes local tax-related licenses, too.
You will generally be required to provide the following information about your business, in addition to other information specific to the type of business you are operating: 1 Type of business 2 Business address 3 Name of business owner 4 Contact information 5 Federal ID number 6 Number of employees
A business license is a government document that certifies a business is safe for the public. Exactly which kinds of licenses you require depends upon the kind of business you operate and where you operate it.
Some businesses require no formal license. If you're going to sell T-shirts for your band at gigs, then you don't need a license. However, if you want to open a diner, you have to comply with local food-safety codes and open your kitchen to a health inspector.
Licenses help ensure that businesses are safe for the public. Restaurants should be clean. Lawyers and doctors should be professional and accountable. New drugs should be safe and effective.
A good place to start is to call your mayor's office, county administrator, and state's secretary of state. Also, call on your support network. Your professional trade groups, colleagues, and even your social network may help you determine the licenses you need.
When clients have decided to cease doing business, they must officially notify the state (s) in which they operate their companies by submitting Articles of Dissolution. If they do not formally close their businesses with the state, they continue to bear the responsibilities of filing reports, paying taxes, and performing other compliance tasks.
The Family and Medical Leave Act requires that employers give certain employees up to 12 weeks of unpaid leave per year (without fear of losing their jobs) to tend to certain family or medical situations.
Nellie Akalp is an entrepreneur, small business expert, speaker, and mother of four amazing kids. As CEO of CorpNet.com, she has helped more than half a million entrepreneurs launch their businesses. Akalp is nationally recognized as one of the most prominent experts on small business legal matters, contributing frequently to outlets like Entrepreneur, Forbes, Huffington Post, Mashable, and Fox Small Business. A passionate entrepreneur herself, Akalp is committed to helping others take the reigns and dive into small business ownership. Through her public speaking, media appearances, and frequent blogging, she has developed a strong following within the small business community and has been honored as a Small Business Influencer Champion three years in a row.
Taxes for businesses can get complicated. For this reason, it pays to use a qualified tax professional, such as a Certified Public Accountant (CPA). While a CPA can be beneficial when your business gets audited, there could be a situation where the tax authority decides to take legal action against your business.
1. General Business Lawyer. As the name suggests, a general business lawyer can provide legal advice on a wide range of matters. This type of lawyer has a hand in every legal discipline. If your business doesn’t deal with special circumstances, a general business lawyer may be well suited to your purposes.
However, if your business is subject to a lawsuit, you’ll be relieved that you hired a lawyer. When evaluating lawyers, you should ask a lot ...
It’s well known that hiring a lawyer can be expensive, making it challenging for some small business owners to retain their services. However, if your business is subject to a lawsuit, you’ll be relieved that you hired a lawyer.
In addition, some lawyers are knowledgeable about tax issues, even if they aren’t accountants. They may have handled legal tax matters for other business owners and can make sure you don’t run into the same issues.
People sometimes wonder what types of lawyers are available to them. Lawyers often specialize in either business law or personal law. For this reason, you should search for lawyers who have business law experience.
Employment and Labor Lawyer. Using an employment and labor lawyer only makes sense when your business has employees. If it does, your business should comply with state and federal laws. An attorney in this area of the law can help you draft employee manuals and ensure safety standards are in place.