by Durham Law Firm | Jul 7, 2022 | Business
When starting a business, one of the first decisions you’ll need to make is what business structure to use. There are a few different options to get off the ground as a business, but two of the most common ways to start include getting a business license and starting...
by Durham Law Firm | Jun 30, 2022 | Business
Does an LLC S Corp get a 1099? As an LLC that has elected S-Corp status for tax purposes, the answer is "No." You are not required to receive a Form 1099 from clients or businesses that contract with you. Instead, you report your earnings directly to the...
by Durham Law Firm | Jun 23, 2022 | Business
If you're thinking about starting a business in North Carolina, you'll need to choose the right business structure. One option is a general partnership: an association of two or more persons carrying on a business for profit. However, this type of partnership doesn't...
by Durham Law Firm | Jun 16, 2022 | Business
When starting a new business, one of the first decisions you'll need to make is what type of business structure you need. There are many different types of entities to choose from, but two of the most common are the S corp and the C corp. Find out about the...
by Durham Law Firm | Jun 10, 2022 | Business
If you're considering starting a North Carolina business, you're not alone. According to the Kauffman Index of Startup Activity, the Tar Heel State is one of the most popular places in the country to launch a company. While it's certainly not easy to start a business,...
