Call Today: (202) 789 - 8898

Small Businesses in DC: State and Local Tax Issues to Consider

The Washington, D.C. metropolitan area is a dynamic region made up of multiple jurisdictions, each with its own set of tax laws which small businesses must follow. Understanding the tax implications of conducting business across state and local boundaries is vital for all small businesses, but especially those operating in this unique part of the country. Adhering to the different tax filing requirements  in each jurisdiction can be challenging.  For owners of small businesses in DC, there are many state and local tax issues to consider.

Read More →
Posted by: Myrick CPA Posted on: Jun 15 2023

What You Should Know When Planning to Start a New Business

Embarking on a new business venture is an exciting journey filled with possibilities. One crucial decision that entrepreneurs face is choosing the correct business entity. Selecting the appropriate entity, whether it be a Limited Liability Company (LLC), S-Corporation, or C-Corporation, can profoundly impact your financial planning and business structure. In this comprehensive guide, we will explore the available options and explain how your choice of business entity can shape your entrepreneurial path. Additionally, we will highlight the importance of seeking professional guidance from a Certified Public Accountant (CPA) to understand the nuances of different entities. Here’s what you should know when planning to start a new business.

Read More →
Posted by: Charles P Myrick CPA Posted on: Feb 18 2022

Solopreneurs as a Business Entity

What is a solopreneur, and what kind of business can a solopreneur form or develop?

Read More →