Hello all, you may have noticed that we are undergoing a few changes on our website
Archive for the
‘Corporation Set Up’ Category
We’ve previously written on 5 Things You Should Know About Houston Taxes (and Texas). We wanted to continue the discussion as Houston is in the state of Texas, and a few things have changed since then. Read on to get our 5 Things You Should Know About Small Business Taxes in Texas. <!—more—> 1. No […]
Starting a business can be exciting but also involves a great deal preparation and finances. You will be expected to have an awareness of all areas of your new business from target market to projected revenue and beyond. Unfortunately, that involves a bit of clairvoyance and the ability to predict the future. We will make […]
Small businesses have tons of organizing to do no matter what their size. As experts, we have great bookkeeping tips for small business organization. They will help you get everything organized both digitally and on paper.
Small business tax tips are extremely help to owners as they can literally sink or swim on their taxes. Taxes paid on income earned all year can amount to as much as 25% or more on your profit margins. It literally pays to be smart when it comes to filing taxes as it puts more […]
When a business would like to apply for an S corp in Texas, it must file all of the appropriate documentation with the Texas Secretary of State in addition to the I.R.S. Texas S corporations may not have more than 100 shareholders and can have as few as one. However, all of these shareholders must […]
As we have previously discussed, there are many types of corporations in Texas. One of the most common and beneficial can be the S Corporation, also known as a small business corporation. No matter if you are a self-employed company of one, just starting a business, or have had one for several years, forming an […]
Setting up corporations in Texas involves selecting the appropriate type for your business as well as filling out the appropriate document with the Texas Secretary of State. There are many benefits to setting up a corporation not the least of which is a significant break on your federal taxes, as well as some legal perks. […]
It’s that time again when individuals and business gather their documents and head off to an accounting firm in Houston to get help in preparing taxes. And while we’ve previously discussed what to bring to your bookkeeper or accountant, we decided to give a little tutorial for those of you who use any schedule forms […]
Whether you work for a big corporation or you are your own boss, there are always tax returns to be filed. In Houston and Texas, state income taxes are not filed and a bookkeeper is not needed in that respect, but federal taxes still apply. If you are a business of one, aka freelancer, you […]