IRS Penalties & Penalty Waivers

IRS Penalties & Penalty Waivers

There are several types of penalties that the IRS can assess. The penalties are assessed at different rates and are set for different time periods. Getting those penalties waived can save hundreds and possibly thousands of dollars. You can even get your penalty waived...
Should you form an LLC?

Should you form an LLC?

If you are simply “testing the waters” on a new business idea to see if it is something you want to pursue more seriously, then you likely do not need to form an LLC. For example, a lawn care business where you are mowing a few of your neighbors’ yards to determine if...