Recent Articles

Entity Status

Each state is different in how they define entity status for a business. Learn the four core models for entity stutus that are universal among the states.

SS-4 IRS Application for an Employer Identification Number


An employer identification number (EIN) is the business equivalent of a Social Security number.  A unique identifier is assigned to the business for use in communicating and complying with the Internal Revenue Service.  Just like a Social Security [...]

The Basic Principles of a Partnership


A partnership is a form of a business entity that provides many more advantages than any other form of business entity.  There are several basic principles of a partnership that once understood, the reader can use to his advantage in the small [...]