The deets: Name: Will Tams, Founder and Director of Creative Business Name: The Collective Spark Creative Describe your business The… Continue Reading
SMLLC Guides
State by state guides for setting up and maintaining your business.
Browse our popular guides or search for your state below.
Why You Need an LLC Operating Agreement and How to Make One
Establishing your LLC can be an exciting affair. But before you kick up your heels and celebrate with an artisan… Continue Reading
Why Women Need a Negotiation Support Group When Increasing Their Prices
There’s no need to tell you there are so many tactics you can implement to increase your income. Even simple… Continue Reading
Why Bookkeeping Is Important: The Basics
You may be wondering what bookkeeping is – and how it can help your business, before and during tax season…. Continue Reading
Why are you still a sole proprietor? It’s time to switch
There comes a moment in every young freelancer’s life when it’s time to level up their business, kind of like… Continue Reading
When is the best time to switch to an S Corp?
Switching from a sole proprietor to an S Corp feels like going from Princess Adora to She-Ra. It’s not like… Continue Reading
What You Need to Know About the 2020 Tax Deadline Extension
They say the only two things certain in life are death and taxes. Amid the coronavirus pandemic, taxes are still… Continue Reading
What S Corp Owners Need to Know About the QBI Deduction
What S Corp Owners Need to Know About the QBI Deduction The Qualified Business Income Deduction is a relatively new… Continue Reading
What is the Standard Deduction?
What is the Standard Deduction? Are you overwhelmed by the many tax terms that come up when you do your… Continue Reading
What Is Taxable Income?
Navigating the world of taxes can be confusing and overwhelming. As a small solopreneur, it’s important to understand what’s considered… Continue Reading
What is intellectual property?
What is Intellectual Property? Intellectual property (IP) is a crucial aspect of any business, especially in the digital age. Intellectual… Continue Reading
What Is an S Corp “Reasonable Salary”? How to Pay Yourself the Right Way
A Business-of-One often elects to be treated as an S Corp instead of a sole proprietorship for tax purposes, because… Continue Reading
What Is a Business Entity? (With Examples for Self-Employed Businesses)
What Is a Business Entity? (With Examples for Self-Employed Businesses) Being self-employed can be rewarding, but as your business grows,… Continue Reading
What Every Freelancer Should Know About Bookkeeping
Let’s talk about bookkeeping, shall we? No, you don’t want to? You’d rather watch the Star Wars prequels on repeat… Continue Reading
What Does Tax Bracket Mean?
For the self-employed, tax brackets are a source of confusion and concern. When it comes to tax forms, there’s a… Continue Reading
What are Intangible Assets?
What are Intangible Assets? Intangible assets are often overlooked in day-to-day operations but understanding them can be an invaluable tool… Continue Reading
What $80 Billion in IRS Funding Means for the Self-Employed
While the IRS plays an important role in helping the country meet its budgetary needs by collecting taxes, most people… Continue Reading
Washington State Business License: What You Need to Know
If you run a business in Washington, you’ll need a Washington state business license, permit, or certificate of some kind… Continue Reading
Want a sustainable business? Try diversifying your income
I’m sure you’ve heard that the average millionaire has 7 streams of income. I know, not EVERYONE dreams of being… Continue Reading
Virginia Business License: Top Things to Know
If you run a business in Virginia, you might need a Virginia business license, permit, or certificate of some kind… Continue Reading
Utah Business License: What You Need to Know
If you run a business in Utah, you’ll likely need a Utah business license, permit, or certificate in order to… Continue Reading
Unemployment Insurance Options for Freelancers
In the past, when a self-employed contractor lost a client or gig, they were out of luck when it came… Continue Reading
Ultimate Guide to Forming an S Corp in Illinois
Running your own business is exciting no matter what stage you’re in! Whether you’re just starting out as a freelancer… Continue Reading
Tyrone Marshall Jr on how to create a solid foundation for your business
The deets: Name: Tyrone Marshall Jr Business Name: Melanated Business Strategies LLC Follow on Instagram and Facebook Describe your business:… Continue Reading
Two Inspiring Women Share How to Achieve Entrepreneurial Success
The COVID pandemic has had a staggering impact on women in the workforce and gender pay equality. According to the 2021… Continue Reading