What is a homeowner or condo association to the Internal Revenue Service? A homeowner or condo association is a type of membership organization that you form as a real estate developer. The idea is to create an organization so that you can have common areas to protect certain pieces of property. You may have condos […]
What is a Homeowners / Condo Association (HOA)?
19
Nov
2019
What is a homeowner or condo association to the Internal Revenue Service? A homeowner or condo association is a type of membership organization that you form as a real estate developer. The idea is to create an organization so that you can have common areas to protect certain pieces of property. You may have condos […]
How to Obtain a Tax ID / EIN Number in Alabama
18
Nov
2019
Does your Alabama business need a tax ID? How can you tell for sure? Setting up and running a business properly can be confusing, no matter what type of business you have. Sole proprietorships and partnerships tend to be more simple than limited liability companies (LLCs) and corporations but they all require at least some […]
Does your Alabama business need a tax ID? How can you tell for sure? Setting up and running a business properly can be confusing, no matter what type of business you have. Sole proprietorships and partnerships tend to be more simple than limited liability companies (LLCs) and corporations but they all require at least some […]
IRA stands for Individual Retirement Account or Individual Retirement Arrangement. This is different from traditional 401(k) accounts, as IRAs are more unique. As an individual, you want to have a firm grasp over the various definitions of these types of retirement accounts. An Individual Retirement Account or IRA is an individual account or annuity that […]
IRA stands for Individual Retirement Account or Individual Retirement Arrangement. This is different from traditional 401(k) accounts, as IRAs are more unique. As an individual, you want to have a firm grasp over the various definitions of these types of retirement accounts. An Individual Retirement Account or IRA is an individual account or annuity that […]
How to Open a Bank Account for an LLC
14
Nov
2019
As a limited liability company, you need to do certain things to function as a working organization. One of these things or requirements will be the need to have your bank account. Having a bank account in the name of the LLC is important as it allows you to operate effectively, and in a way […]
As a limited liability company, you need to do certain things to function as a working organization. One of these things or requirements will be the need to have your bank account. Having a bank account in the name of the LLC is important as it allows you to operate effectively, and in a way […]
What is a Farmers’ Cooperative?
14
Nov
2019
A farmer’s cooperative is something that is recognized by the Internal Revenue Service quite commonly and is also known as a farmers’ co-op or an agricultural cooperative. The idea here is that a group of farmers will come together, pool all of their resources into a certain area or activity. They will then work for […]
A farmer’s cooperative is something that is recognized by the Internal Revenue Service quite commonly and is also known as a farmers’ co-op or an agricultural cooperative. The idea here is that a group of farmers will come together, pool all of their resources into a certain area or activity. They will then work for […]
How to Obtain a Tax ID / EIN Number in Oregon
11
Nov
2019
Do you know if your business needs to have a tax ID number? In Oregon, it’s possible to start one of many different business entities, like a corporation, a limited liability company (LLC), a partnership, a nonprofit organization, or even a sole proprietorship. But no matter what type of business you start, you’ll probably need […]
Do you know if your business needs to have a tax ID number? In Oregon, it’s possible to start one of many different business entities, like a corporation, a limited liability company (LLC), a partnership, a nonprofit organization, or even a sole proprietorship. But no matter what type of business you start, you’ll probably need […]
Are you interested in getting your federal tax ID number (EIN)? Your Colorado business, whether it’s a partnership, sole proprietorship, LLC, corporation, nonprofit, or other organization, will likely need to have an official IRS tax identification number for legal and financial purposes. Fortunately, the online EIN application process is fairly simple. This guide will walk […]
Are you interested in getting your federal tax ID number (EIN)? Your Colorado business, whether it’s a partnership, sole proprietorship, LLC, corporation, nonprofit, or other organization, will likely need to have an official IRS tax identification number for legal and financial purposes. Fortunately, the online EIN application process is fairly simple. This guide will walk […]
A “Tax ID Number” is a 9-digit number used for a national business identification system that helps the IRS track business activity for taxation purposes. If you are running any organization or business, you need to comply with the Internal Revenue Service and need a taxation identification number that will link your business activity to […]
A “Tax ID Number” is a 9-digit number used for a national business identification system that helps the IRS track business activity for taxation purposes. If you are running any organization or business, you need to comply with the Internal Revenue Service and need a taxation identification number that will link your business activity to […]
What is a Political Organization?
5
Nov
2019
A political organization is a topic that comes up quite often, specifically during the presidential election cycle every four years. The idea of a political organization is that it could be a party, a committee, association, fund or another type of organization. None of these will be considered to be incorporated by the Internal Revenue […]
A political organization is a topic that comes up quite often, specifically during the presidential election cycle every four years. The idea of a political organization is that it could be a party, a committee, association, fund or another type of organization. None of these will be considered to be incorporated by the Internal Revenue […]
Have you ever heard of the abbreviation of REMIC? Do you have a good grasp as to what exactly a REMIC is? A REMIC is a real estate mortgage investment conduit. It is a special type of entity. This entity is such that it will hold a pool of mortgages, a fixed amount. It will […]
Have you ever heard of the abbreviation of REMIC? Do you have a good grasp as to what exactly a REMIC is? A REMIC is a real estate mortgage investment conduit. It is a special type of entity. This entity is such that it will hold a pool of mortgages, a fixed amount. It will […]