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Send Via Text Massage Legal Connecticut Startup For Sole Proprietorship Forms For Free

JUL 17TH, 2023
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Top Questions and Answers

Here's an overview of the key steps you'll need to take to start your own business in Connecticut. Choose a Business Idea. ... Decide on a Legal Structure. ... Choose a Name. ... Create Your Business Entity. ... Apply for Licenses and Permits. ... Business Location and Zoning. ... File and Report. ... Obtain Insurance.

Video Guide to Send Via Text Massage Legal Connecticut Startup For Sole Proprietorship Forms For Free

So you took my advice and when you started your business you formed a an LLC taxed as an S corporation Most states that's how it works California a little different now how do you get money out of your company see you now have two different roles you are both an employee and you're an owner so an employee

Gets salary so you're going to pay some salary to yourself from your S corporation but you're also an owner an owner gets a distribution now what's the significance for tax purposes salaries are subject to Social Security taxes distributions are not so any amount you can justify as a distribution no 15.3 percent 16.2 percent Social Security taxes on

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