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.
Blog / News
Resources & Articles
FFCRA: Employer Paid Leave Requirements
H.R. 6201, known as the Families First Coronavirus Response Act in Division E, requires employers to provide each employee paid sick time for specific reasons. A link to the law : https://www.congress.gov/116/bills/hr6201/BILLS-116hr6201enr.pdf The Department of...
New Business Links
FEDERAL Form SS-4 Application for Employer Identification Number www.irs.gov/pub/irs-pdf/fss4.pdf https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online Form 2553, Election by a Small Business Corporation...
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...