Frequently Asked Questions

 

Should I setup an LLC for my business?

It depends. 

Things you should consider include:

  • Ease of Formation
  • Liability Protection
  • Number of Owners
  • Employee Benefits
  • Transition of Ownership
  • Taxation Considerations

We have prepared a 2 hour consultation specifically to address the pros & cons of each of these considerations designed to help you gain the knowledge so you can choose the right entity for your business.

My Board members need more training hours.  Can you help?

Yes.  Depending on the hours needed and the desired topics, we have developed courses and continue to develop courses geared to Municipal Utility Boards and Utility District Boards.

A list of existing training workshops is described in our Services. 

Give us a call for updated training options as we continue to develop new engaging workshops that bring added value to the Utility.  

How do I keep up with my business?

 What are your needs?  Many options are available.  Your choice will depend on factors such as:

  • Do you invoice your customers
  • Do you need job costing reports
  • Will you be collecting sales tax
  • Will you use credit cards
  • Will you have loans
  • Will you have franchise reporting

How you maintain your records affect your business decision about capital purchases, employee compensation & benefits, tax reporting.  

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Resources & Articles

Small Business Working Capital Loans

Loans Made between February 15, 2020 and June 30, 2020 ECONOMIC INJURY DISASTER LOANS AND LOAN ADVANCE Be sure to click the button that says ask for the $10,000 ADVANCE Click on the link at the top of the page that says "Economic Injury Disaster Loan" at...

Payroll Tax Deferral – 6.2% Employer and 6.2% Employee

Effective For Payroll Paid Between 9/1/2020 and 12/31/2020   You will not have to withhold, deposit or pay either portion of the Social Security Tax (OSADI) for employees whose wages are less than $4,000 on a biweekly payroll or equivalent amount with respect to...

Contact Us

(423) 476-5888

(888) 619-2050

2400 Oakland Drive NW Cleveland, TN 37311

8:00 am - 5:00 pm