PRIME Blog

Tax Tips and More

Tips and tricks to help small businesses, investors, online businesses, and entrepreneurs.

Registering a New Business in Arizona

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

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

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

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

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

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

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

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

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.

10 Steps to Turn Your Side Hustle Into Your Main Gig

10 Steps to Turn Your Side Hustle Into Your Main Gig

Looking to take your side hustle to the next level and work for yourself full time? Taking the leap can be scary, but educating yourself and properly preparing can make the difference between floundering and flourishing. Here at PRIME, we’re experts in maximizing...

How to Register a DBA in Illinois

How to Register a DBA in Illinois

A DBA—also known as “doing business as”—serves as a fictitious or alternate name for your business. When you register a DBA in Illinois, you can run the business under a name that varies from its legal name. Want to learn more about DBAs in general? Check out our DBA...

Cost to Form an Illinois LLC

Cost to Form an Illinois LLC

The basic cost of setting up an Illinois LLC is $150. When you file your Articles of Organization online, this fee is paid to the Illinois Secretary of State. But in addition to that $150 filing fee, there are other ancillary fees involved in forming an LLC in the...

Estate Planning Tips for Small Business Owners and Entrepreneurs

Estate Planning Tips for Small Business Owners and Entrepreneurs

Read these important estate planning tips if you have a small business you want to protect. If you’ve got a successful small business, you’re probably pretty busy keeping up with the day-to-day hustle. You might be thinking about tax planning for next year or even...

How to Form a New York Corporation

How to Form a New York Corporation

Forming a Corporation in New York If you’re thinking about starting a business in New York, you may be wondering about the steps involved to form a corporation.  A corporation is a specific type of entity that is legally separate and distinct from its owners....

How to File a DBA in New York

How to File a DBA in New York

A New York DBA (doing business as) is called an assumed name. Getting a New York DBA registration won’t protect your personal assets. Forming a formal business structure like LLC or corporation will give you liability protection along with a business name. Forming an...

How to Form a Texas LLC

How to Form a Texas LLC

Texas is an ideal place to locate your future LLC. To get started on forming a Texas LLC, we’ve got a five-step task list you need to complete. Whether you choose a college town like Austin or a growing hub like Dallas, Texas is an ideal place to form your new...

How To Register a Texas DBA

How To Register a Texas DBA

A DBA—also known as “doing business as”—serves as a fictitious or alternate name for your business. When you register a DBA in Texas, you can run the business under a name that varies from its legal name. Want to learn more about DBAs in general? Check out our DBA...

Standard Deduction vs Itemized Deduction

Standard Deduction vs Itemized Deduction

Standard Deduction vs Itemized Deduction—What's the Difference? Understanding the difference between the standard deduction and itemized deduction is really fairly simple. Understanding the implications of the difference— how they might matter to your bottom line—is...

How to File a Texas LLC Certificate of Formation

How to File a Texas LLC Certificate of Formation

In order to form an LLC in Texas, you must file a Certificate of Formation with the state. PRIME Corporate Services has put together a step-by-step guide on completing this process. Need more help? You can check out our main informational page or reach out to one of...

How to Form a Michigan LLC

How to Form a Michigan LLC

The great state of Michigan is an attractive home base for your future LLC. To get started on the formation process, there is a five-step task list you need to complete. Whether you choose a college town like Ann Arbor or a booming city like Detroit, Michigan is an...

Registering a Business in Ohio

Registering a Business in Ohio

Registering a Business in Ohio? Here’s Everything You Need to When Starting a New Business in The Buckeye State.  Ohio, a midwestern landmark, is an attractive state to visit and settle down. The state offers urban hubs like Cincinnati and Cleveland, college towns...

Registering a New Business in Michigan

Registering a New Business in Michigan

Starting a Business in Michigan? Here’s Everything You Need to Know When Registering Your Business in the Great Lake State.  Michigan, a midwestern hotspot, is a diverse and enticing state to visit and and a great place to live. The state offers urban hubs like...

Education Tax Credits and Deductions

Education Tax Credits and Deductions

PRIME’s tax experts help you understand how to take advantage of education tax credits and deductions.  If you paid for college in the last year—for yourself, your spouse, or your dependent—you may be able to claim the American opportunity tax credit (AOTC) or the...

Guide to Starting a Business in Pennsylvania

Guide to Starting a Business in Pennsylvania

Registering a New Business in Pennsylvania Starting a Business in Pennsylvania? Here’s Everything You Should Know When Registering Your Business in the Keystone State.  Pennsylvania, a northeastern cultural hub, is home to the Liberty Bell, Hersheypark, and the famous...

Starting a Business in North Carolina—9 Simple Steps

Starting a Business in North Carolina—9 Simple Steps

Registering a New Business in North Carolina Starting a Business in North Carolina? Here’s Everything You Need When Registering Your Business in the Tar Heel State.  North Carolina, an emerging southern hub, is home to one of the greatest sports rivalries, landscapes...

Forming a Business in Georgia

Forming a Business in Georgia

Nine Steps to Forming a New Business in Georgia Starting a Business in Georgia? Here’s Everything You Need to When Registering Your Business in the Peach State.  Georgia, the gem of the south, offers a rich cultural landscape for visitors and residents alike. The...

Understanding Military Tax Benefits

Understanding Military Tax Benefits

The IRS offers several important benefits for members of the US Military. Understanding these military tax benefits can help you keep more of your paycheck.

Get Paid Back for Keeping Employees

Get Paid Back for Keeping Employees

Calling all small businesses affected by COVID-related shutdowns and disruptions – Did you know you may be eligible for 2020 – 2021 employee retention tax credits of up to $26,000 per employee? For example, if you have five employees at an average credit of $26,000...

What Are Tax Loss Carryforwards?

What Are Tax Loss Carryforwards?

Tax loss carryforwards can be a crucial part of your tax strategy, helping you offset future income and decreasing your tax liability.

Five Steps to Form an Ohio LLC

Five Steps to Form an Ohio LLC

Forming an Ohio LLC is relatively easy if you follow our five-step guide. Got questions? PRIME Corporate Services advisors are here to help!

Five Steps to Form a North Carolina LLC

Five Steps to Form a North Carolina LLC

Forming a North Carolina LLC doesn’t have to be complicated. Just review our 5-step guide or reach out to one of our entity formation experts for help.

Five Steps to Form a Pennsylvania LLC

Five Steps to Form a Pennsylvania LLC

Forming a Pennsylvania LLC is easy with PRIME’s 5-step guide. Choose a registered agent, file your Certificate of Organization, and start out strong in the Keystone state.

What’s Going On With the IRS?

What’s Going On With the IRS?

The IRS is struggling to keep up with a major backlog and an onslaught of calls and correspondence. Don’t let your tax return get lost in the mess.

Social Security Benefits May Be Considered Taxable Income by the IRS

Social Security Benefits May Be Considered Taxable Income by the IRS

IRS reminds taxpayers their Social Security benefits may be taxable With the arrival of a new tax season, the IRS has recently issued reminder guidance for taxpayers who receive Social Security benefits. Social Security benefits include survivor benefits, monthly...

Five Steps to Form a Georgia LLC

Five Steps to Form a Georgia LLC

Form a Georgia LLC in five simple steps with the PRIME Corporate Services guide. Our experts are here to help you navigate the Georgia LLC filing process.