College Athletes: Know Your Tax Obligations in NIL Agreements

Collegiate athletics is a competitive and popular multibillion dollar business industry. With television rights deals, conference realignment, recruitment, and much more, collegiate athletics garner significant media coverage. One topic receiving significant recent attention is the area of Name, Image, and Likeness (NIL) agreements, which allow student-athletes to financially benefit from their NIL. Due to the…

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Small Business Guide to Licensing

the-licensing-downfalls-for-a-business-model

Business licenses are one of the most essential things needed to open a small business. They serve as a way for you to operate your business while adhering to industry standards. Business licenses may involve multiple jurisdictions, but there are some ways to make the process easier. Here’s a small business guide to business licenses.…

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5 Simple Tips to Make Your Small Business Official

You’ve got a great idea, done the fieldwork, got your funding, and put together a plan with projections. Now you’re finally ready to launch your small business. Or are you? There are several important, practical steps that need to be taken in order to make your new venture legally compliant. Follow this roadmap to make…

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Accountant vs. CPA: The 5 Main Differences

The terms “accountant” and “certified public accountant” or “CPA” are often used interchangeably. But they’re not exactly the same thing. All CPAs are accountants, but not all accountants are CPAs. Here’s a look at the five main differences between them. Education Accountants generally have an associate’s or bachelor’s degree in accounting, though in reality they…

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Do I Need a Business License? Here’s How to Find Out

America loves small business. As a society, we lionize startups and entrepreneurs. And the United States has one of the world’s most business-friendly governments, with less red tape and more flexibility than most industrialized countries. But that doesn’t mean that small businesses are free of regulation. Just like you need a license to drive a…

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A 5-Step Guide to Starting Your Own Green Business from Scratch

Every day people trash a tremendous amount of paper, plastic, metals, and other recyclable materials. While waste is essential to keep the consumer cycle rolling, it is not necessary that it ends up in a landfill. The past decade has witnessed some serious “Go Green” efforts which have created a huge market potential for environmentally…

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