article thumbnail

Tax Advisor Weekly – April 4, 2025

Harness Wealth

How to Anticipate and Navigate Property Tax Scenarios for Businesses ( Carl Hoemke , CPA Practice Advisor) Property taxes and business license compliance present a complex landscape, especially when significant business events involving mergers, acquisitions, or expansion occur. Transfer Pricing: The C-suite Needs to be Informed ( Steven C.

Taxes 52
article thumbnail

The Corporate Transparency Act: What You Need to Know

Carson Wealth

boxes) Copy of government-issued photo ID (such as a driver’s license or passport) Penalties for failing to comply with the new regulation are high. For more information, refer to [link]. From the business : Legal business name and all DBA names Physical address (not a P.O. After 2024, new entities will have 30 days to file the report.

License 129
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Start A Cleaning Business In 15 Simple Steps

Clever Girl Finance

Obtain a business license 7. Do I need a license to clean houses? Obtain a business license In addition to registering your business, you may also need to get a business license to legally found your cleaning company. Leverage the resource on SBA.gov to get started with setting up the business licenses you need.

License 98
article thumbnail

“My client hired another advisor for their business 401(k).”

Sara Grillo

My client just referred their out-of-state best friend to an advisor in Alabama, even though I am also licensed in Alabama. I am licensed to serve clients in Missouri, Indiana, and Texas. They also may refer their high-earning employees to you. As a fiduciary, I charge 1% of your assets, and do not accept commissions.”

Clients 52
article thumbnail

Is There an RIA Tech Stack Recipe?

eMoney Advisor

Owning licenses or subscriptions to software systems automatically grandfathers you into usage. If you are researching new tech and asking the vendors for references, you are barking up the wrong tree. No one ever gives out unhappy references. Remember that mirror we were using as we determined technology priorities?

article thumbnail

You will  never get a single referral from a CPA by acting pathetic!

Sara Grillo

There’s nothing I hate worse than when I see a financial advisor chase around a CPA or estate attorney, only to get taken, referring their clients to them with zero reciprocity. He says that he has proposed this to numerous CPAs he works with and they have all refused because it is too much work to go get a Series 65 license.

article thumbnail

7 Streams of Income of Millionaires (According to IRS)

Good Financial Cents

Understanding Multiple Streams of Income Multiple streams of income refer to having multiple sources from which money flows into your life. It refers to the money you earn by providing your skills, knowledge, or expertise in exchange for a salary or wages. This can come from your primary job, freelancing, or running a business.