Tag Archives: taxes

What Is My Llc Type

By | November 24, 2023

What Is My Llc Type – Changing a limited liability company (LLC) to an S corporation is a process that can be done by following the guidelines set forth by the Internal Revenue Service (IRS). To convert your LLC to an S corporation, you must file the appropriate forms and meet specific requirements. You can ignore the details… Read More »

Llc Is What Type Of Corporation

By | October 21, 2023

Llc Is What Type Of Corporation – A business entity (sometimes called a business structure or legal structure) is the basic foundation for starting a business. A business entity is basically how a business is legally organized to do business. There are four main business entities to choose from, including sole proprietorships, partnerships, corporations, and LLCs. Each type… Read More »

Theory Of Demand And Supply In Economics

By | October 14, 2023

Theory Of Demand And Supply In Economics – The law of supply and demand combines two basic economic principles that describe how changes in the price of a resource, product or commodity affect supply and demand. As the price increases, supply increases while demand decreases. Conversely, when the price falls, the supply decreases while the demand increases. Theory… Read More »

Definition Of Supply In Economics

By | October 9, 2023

Definition Of Supply In Economics – The law of supply and demand combines two economic principles that describe how the price of a resource, commodity or product changes with supply and demand. When prices go up, supply goes up as demand goes down. On the other hand, when the price falls, supply contracts while the demand is growing.… Read More »

What Type Of Bachelor Degree Is Accounting

By | August 23, 2023

What Type Of Bachelor Degree Is Accounting – So before we talk about online accounting bachelorettes, let’s get something off our chest. I know gossip is wrong…but sometimes it just feels right. Once at the dog park, I excitedly talked about the Kardashians’ salary and was accused of “counting other people’s money.” Evil among the bars! But the… Read More »

What Are The Different Types Of Business Structures

By | August 5, 2023

What Are The Different Types Of Business Structures – As a small business owner, one of the first decisions you make is to choose between different business structures. But choosing between business structures can be frustrating and confusing. The type of business structure you choose determines many components of your business, including day-to-day operations, tax rates, and the… Read More »

What Are The Characteristics Of A Free Enterprise System

By | June 17, 2023

What Are The Characteristics Of A Free Enterprise System – How does free enterprise answer the three economic questions? In a free enterprise economy, business firms will produce goods that consumers want to buy. For example, General Motors and Ford Motor Company decide what style and type of cars they will make based on what they think car… Read More »