PRIME Blog
Tax Tips and More
Tips and tricks to help small businesses, investors, online businesses, and entrepreneurs.
How to get an Idaho business license
How to Get a Business License in Idaho Starting a Business in Idaho? Here’s Everything You Need When Obtaining a Business License in the Gem State. Idaho, the state known for its ski slopes and precious stones, is an ideal place to get your business license. Whether...
Starting a Business in New Jersey
Registering a Business in New Jersey Starting a Business in New Jersey? Here’s Everything You Need When Registering Your Business in The Garden State. New Jersey is an expanding and convenient location to visit and settle down. The state offers urban hubs like Jersey...
I filed a tax extension – what now?
Three tips on what to do after filing a tax extension If you weren’t done with your tax return in time to file by April 18, filing for a tax extension was a smart move. When you complete Form 4868, Application for Automatic Extension of Time to File, you get an extra...
Starting a New Business in Louisiana
Registering a New Business in Louisiana Starting a New Business in Louisiana? Here’s Everything You Need When Registering Your Business in the Creole State. Louisiana is a historically-rich and unique location to visit and settle down. The state offers urban hubs...
How To Write a Business Plan
A well-written business plan is an essential part of your new business strategy Thoughtful planning is a huge part of any successful endeavor, and when it comes to starting a new business, a well-written business plan is the place to start. Your business plan will...
Starting a Business in Kansas
Starting a Business in Kansas? Here’s Everything You Need When Registering Your Business in The Sunflower State. Kansas is an affordable and entertaining location to visit and settle down. The state offers urban hubs like Kansas City, college-towns like Topeka, and...
Tax Extensions 2023
Tax Extensions in 2023 For most individuals and small businesses, federal income tax returns for 2022 are due this Tuesday—April 18, 2023 (multi-member LLCs, S corps, and partnerships were due March 15). If you’re feeling stressed about meeting the deadline, we’ve...
Transferring Property to an LLC
Transferring property to an LLC is a common strategy for real estate investors and business owners. Whether you are a real estate investor or a small business owner, there are several good reasons for transferring assets to an LLC. Putting properly in an LLC, or...
Starting a Business in Rhode Island
Registering a New Business in Rhode Island Starting a Business in Rhode Island? Here’s Everything You Need When Registering Your Business in the Ocean State. Rhode Island is a historically rich and unique location to visit and settle down. The state offers urban...
Starting a Business in Mississippi
Starting a Business in Mississippi? Here’s Everything You Need When Registering Your Business in The Magnolia State. Mississippi is a culturally-rich location to visit and settle down. The state offers urban hubs like Jackson, college-towns like Oxford, and relaxing...
What is a SEP IRA?
What Is SEP IRA, and How Do They Work? A Simplified Employee Pension IRA, also known as a SEP IRA, is an individual retirement account (IRA) for people who are self-employed or own a small business. What is an IRA? An IRA is an individual retirement account that...
How to Get a Business License in North Dakota
Obtaining a Business License in North Dakota Starting a Business in North Dakota? Here’s Everything You Need to Get a Business License in the Badger State. North Dakota, the state known for natural resources and Theodore Roosevelt National Park, is an ideal place to...
Section 179 Deductions: Business Vehicles
How to Write Off a Car For Your Business Section 179 Deductions for Buying a Business Vehicles If you purchase a new or used car or truck for your business, you can usually write off part or all of the purchase price by taking a section 179 deduction. Learn more about...
How to Register a Business in Maryland
Registering a New Business in Maryland Starting a Business in Maryland? Here’s Everything You Need to Know. Maryland is a bustling and scenic location to visit and settle down. The state offers urban hubs like Baltimore and Annapolis, collegiate towns such as Towson,...
How to Get a Business License in Wisconsin
Starting a Business in Wisconsin? Here’s Everything You Need When Obtaining a Business License in the Badger State. Wisconsin, the state known for cheese and the Green Bay Packers, is an ideal place to get your business license. Whether you are located in Milwaukee...
Depreciation 101
What Is Depreciation? If you own your own business, you’ve probably heard the term depreciation before, but you might not understand exactly what it is, or how it’s calculated. When it comes to managing your business taxes, depreciation is an important concept, so...
Starting a Business in Virginia
Registering a Business in Virginia? Here’s Everything You Need When Registering Your Business in the Old Dominion State. Virginia is a spacious and scenic location to visit and settle down. The state offers urban hubs like Richmond and Charlottesville, colonial...
Registering a New Business in Missouri
Starting a Business in Missouri? Here’s Everything You Need When Registering Your Business in the Show-Me State. Missouri is a terrific place to start a new businessi. The state offers urban hubs like St. Louis and Kansas City, collegiate towns such as Columbia, and...
Starting a Business in Arkansas
Starting a business in Arkansas is easier when you’ve got the Prime Corporate Services experts on your side. Check out our 9-step guide to get started.
Starting a Business in Minnesota
Starting a business in Minnesota is easier when you follow our nine-step guide. And our experts are always here to help if you need personalized advice.
Understanding Capital Gains
Using capital gains tax treatment is a smart way to minimize your tax burden and keep more of your hard earned money. Learn all about capital gains in this handy guide.
Starting a Business in Utah
Starting a Business in Utah? Here’s Everything You Need When Registering Your Business in the Beehive State. Utah is an active and beautiful location to visit and settle down. The state offers urban hubs like Salt Lake City and Park City, collegiate towns such as...
What is a Section 105 Plan?
Section 105 Plans: Everything You Need to Know About Saving on Medical Expenses With Tax-Free Reimbursement What is a Section 105 plan? A Section 105 plan is a health benefit offered by some employers that allows them to reimburse you for medical and insurance...
How to Register a Business in Colorado
Register a New Business in Colorado Starting a Business in Colorado? Here’s Everything You Need To Register A Business in the Centennial State. Colorado is a colorful and scenic location to visit and settle down. The state offers urban hubs like Denver and Aspen,...
HSA Pros and Cons
Understanding the Pros and Cons of a Health Savings Account (HSA) A health savings account (HSA) can be a great way to save money on your healthcare expenses, but to use them effectively, it’s important to understand how they work and the potential drawbacks. If...
How to Get a Business License in Kentucky
Starting a Business in Kentucky? Here’s Everything You Need When Obtaining a Business License in The Bluegrass State. Kentucky, the state known for horse racing, bluegrass music, and college basketball, is an ideal place to get your business license. Whether you are...
Five end-of-year expenses to manage your tax burden
Thanksgiving is still thirteen days away, but the holiday shopping frenzy is upon us, and “Black Friday” deals are already popping up in your inbox and Insta feed. While your shopping lists are probably focused on Christmas gifts (and maybe a few personal...
Registering a New Business in Arizona
Starting a Business in Arizona? Here’s Everything You Need When Registering Your Business in The Grand Canyon State. Arizona, a desert oasis, is a noteworthy place to visit and settle down. The state offers urban hubs like Tucson and Scottsdale, collegiate cities...
Top Five Ways to Optimize Your PRIME Business Strategy Consultation
Congratulations! By setting up a free Business Strategy Consultation call with PRIME Corporate Services, you’ve taken a huge step towards making your business stronger, smarter, and better. Our advisors are experts in their fields and well prepared to help you on the...
Fourth Quarter Tax Tips
It feels like summer vacation was just here, but as soon as the kids went back to school, stores and local businesses started pulling out the Halloween supplies, and now, with two weeks left in October, Christmas decorations are already taking over many retail...
Comparing Property Tax Rates – State By State
Here at PRIME, we talk about taxes a lot, and often, we’re talking about ways you can optimize your business structure and strategy to minimize your federal income tax burden. But there are other types of taxes as well, and it pays to be savvy about all of your tax...
Starting a Business in Alabama
Starting a Business in Alabama? Here’s Everything You Need to Know When Registering in Sweet Home Alabama. Alabama, the home of southern hospitality, is a thriving place to visit and start a business. The state offers urban hubs like Birmingham and Montgomery,...
How to File Articles of Organization in Illinois
Filing Articles of Organization in Illinois In order to form an LLC in Illinois, you must file Articles of Organization with the state. In this article, we'll walk you through the process with our PRIME Corporate Services guide. Need more help? You can reach out to...
Tax Implications of Student Loan Debt Relief
An Entrepreneur’s Guide to Student Loan Debt Forgiveness and Taxes Student loan debt repayment can be a huge financial burden on low and middle income taxpayers. If you’re hoping to quit your 9-5 job and jump-start your entrepreneurial career, having that debt hanging...
How to Start a Corporation in Illinois
Five Steps to Start a Corporation in Illinois Are you looking to start a corporation in Illinois? Incorporating in the Prairie State is a manageable process that we can walk you through in five easy steps! Major items include completing the Articles of Incorporation,...
How to Start a Corporation in Texas
Choosing the right entity structure for your Texas business is an important step. Learn how to start a corporation in Texas with Prime Corporate Service’s five-step guide.