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Do You Need an EIN for a Trust? (Plus How to Get One)

If you're fortunate enough to amass wealth and assets that you'd like to pass on to your beneficiaries, you've likely considered setting up a trust for your inheritors. A trust is an entity that...

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Is a P.O. Box Better Than a Virtual Address?

"Deliver the letter, the sooner, the better" is more than a catchy song lyric — it's a plea business owners frequently make, especially when they're waiting on important letters or documents to...

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How to Apply for an EIN for a Single-Member LLC

An Employer Identification Number, or EIN, is crucial for business owners preparing to launch an LLC. There is, however, some confusion around when an EIN is required and what exactly it does, so...

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LLC Asset Protection: Are Your Personal Assets Really Protected?

Limited Liability Companies, or LLCs, are often touted as the best legal business structures for entrepreneurs — and for good reason. An LLC can protect your personal assets and ensure that, even if...

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How to Come Up With a Business Idea as a First-Time Entrepreneur

Dreaming of being your own boss but not sure how to come up with a business idea will bring turns those dreams into reality? In a study conducted by Incfile, we found that close to three-quarters of...

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Can You Run an LLC From Home? Pros and Cons of Home-Based Business

There's no place like home when it comes to small business. In fact, the U.S. Small Business Administration has found that around half of all small businesses start from home, sweet home. If you're...

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Registered Agent vs. LLC Organizer: Which Does Your LLC Need?

If you're getting ready to start a business, you know there are many decisions to make. One of them is deciding who will be your Registered Agent and who will be your LLC organizer — but you might be...

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Incfile Summer Survey: Small Business Insights for Entrepreneurs

For most entrepreneurs, summer means business as usual, and the ones who experience peak sales season during the summer are really feeling the heat. Luckily, the summer season offers unique...

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17 Summer Marketing Ideas for Small Business

Your customers are ready for some fun in the sun, but you're ready to get down to business. Your business doesn't take a vacation, but that doesn't mean you can't take advantage of those summer...

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How to Create a LLC Parent Company and Subsidiary Structure

Becoming a parent brings a lot of joy…and a lot of uncertainty. The same can often be said for owners of parent LLCs.