Remove 2017 Remove Bankruptcy Remove Deductions
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Types of Business Entities & How to Choose the Right One

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For example, if you’ve been in business since 2017, but only registered in 2022, you wouldn’t qualify for loans that require at least two years in business (like SBA 7(a) loans, for example). This entity protects your personal assets from liability in the event of a business lawsuit or bankruptcy. Limited liability company (LLC).

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Can You Trust Your Accountant? If You See These Signs, the Answer Is No

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According to the AICPA, 168 CPAs received disciplinary actions in 2016 and 78 have already been reprimanded in the 1st quarter of 2017. A trustworthy accountant knows how to maximize your deductions lawfully without falsifying your return and can advise you on how to better manage your finances in order to receive funding.