Depending on which state you form your corporation in, you may need to issue stock. Some states require corporations to issue stock, while others make it optional. Before filing Articles of Incorporation, you should spend time researching whether the board of directors will need to issue stock. If given the option, you should weigh whether..
If you’re in the process of forming a business, you’re likely realizing that there are many criteria that you need to consider. One of those options is stock. While LLCs cannot issue stock, corporations can do so. In fact, some states require corporations to issue stock to shareholders. However, owners have some flexibility in the..
Congratulations! You’ve successfully formed your first company after filing Articles of Incorporation with your local Secretary of State’s office. Unfortunately, the administrative process of incorporation is not yet complete. There are a few more things that you’ll want to do to ensure maximum success. One of the steps you need to take after incorporation is..
If you’re an independent contractor working remotely, you have likely acclimated yourself to your billing and invoicing system. After completing a project, you’ll submit an invoice for the work that you completed. Your client will then pay you, often via PayPal, Google Pay, or some other similar platform. At the end of the year, you’ll..