Secretary of State Filings

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We are partying likes it’s 1099! Reminder - All e-filed 1099’S must be submitted by this Saturday and if mailed must be postmarked by January 31. The IRS has increased the penalties for late filing.

Name Reservation The Secretary of State rejects thousands of documents for many reasons. Many business entity filings are rejected due to a conflict or match to another name. You forfeit the counter fees when documents get rejected. This can cost you up to $350. Solution: Do a name reservation before you file your documents. The first thing to do before filing new formation documents is to do a name reservation with the [ 183 more words ] http://secretaryofstatefiling.com/name-reservation-ca-secr/

Sole Proprietorship Sole proprietorship is by far one of the most basic form of business to start. This is typically where an individual operates his or her own business. The advantage of a Sole Proprietorship is that it involves little or no paperwork and can be easily managed by anyone. However, the downside is that the owner is liable and responsible for the business's debt. [ 561 more words ] http://secretaryofstatefiling.com/transition-from-sole-pro/

File your documents with the CA Secretary of State in Sacramento http://secretaryofstatefiling.com/file-documents-ca-secret/

Reasonable compensation is a term you want to be familiar with when valuing your company and your shareholder compensation. As business owners, we have the privilege and responsibility of setting our own wages. However, how much we take impacts the profits we report on our financial statements. Why should I use it? The health of our financial statements impacts all the dealings we have with third parties such as lenders, potential buyers, and vendors. [ 210 more words ] http://secretaryofstatefiling.com/reasonable-compensation-/

Monday morning is just around the corner!

It’s generally a good idea to keep overhead costs low so that your business profits will be higher. This is especially true with items that are easily commoditized and fairly standardized, such as utilities and rent. But there are times when increasing expenses pays off nicely, and here are five places where spending more pays off so you can reap the rewards. [ 609 more words ] http://secretaryofstatefiling.com/five-places-where-spendi/

Did you ever want a secretary that could answer questions all day? Amazon has a cool app Amazon Echo. While Amazon’s Echo product can’t fetch coffee, it can perform all sorts of digital tasks that come up in daily life at work and at home. The Echo Dot looks like a small speaker that sits on your desk or table or in your car. [ 246 more words ] http://secretaryofstatefiling.com/cool-apps-amazon-echo/

Would you call yourself a procrastinator? If so, you’re not alone, and with our to-do-lists growing daily, the percentage of people who procrastinate chronically has increased over the last few decades. There’s a difference between procrastinating and prioritizing. Great entrepreneurs know how to put the most important tasks first. There’s also a difference between procrastinating and being overloaded with tasks; that’s another problem called delegation (or lack of it), and that’s a topic for a later article. [ 346 more words ] http://secretaryofstatefiling.com/how-to-beat-procrastinat/

If you have employees, you probably also have a process to help them understand how they are doing on their job performance. There’s a new trend in large companies to kill the annual performance review and replace it with continuous, instant feedback as well as a tool called an after-action review. This trend is the beginning of the death of the annual performance review. [ 454 more words ] http://secretaryofstatefiling.com/the-death-of-the-annual-/