The W-8BEN form is used by a foreign individual in order to establish his or her foreign status and beneficial ownership. Moreover, it enables the individual to claim benefits that involve income gained from a tax treaty aside from compensations for personal services. The said form is also known as the Certificate of Foreign
A memo, short for memorandum, is a document sent from one person to another or a group of people within the same organization. It can be as simple as a note on your desk or posted on the bulletin board. It could also be sent as an email for all employees. They can include details
Starting a business requires its owners and partners to maintain a company records book so they can effectively manage their business. A company records book is a compilation of all vital corporate papers. It includes Articles of Incorporation, By-Laws, minutes of meetings, stock certifications, stock certificate ledger, stock transfer documents, and stock certificate stubs. Keep
Small business owners often get overwhelmed when they begin the hiring process. It is during this time they realize they have to deal with tons of paperwork. Setting up employee records and personnel files is a daunting task, especially if you are a startup with a limited budget.
Attracting the right person for the job is crucial for any business. For you to achieve this, you must create a compensation plan for your Las Vegas business. This compensation plan must reflect on how you value your employees by including the salary, bonuses, incentives, and commissions that employees can receive by working for you.
Business owners highly consider establishing their companies in Nevada because the state does not have a personal income tax. Majority of Nevada businesses require a license to operate. In general, this includes a State Business License (SBL) from the Nevada Secretary of State (SOS). When you have a small business, you have to renew this
Signing up for a SilverFlume Account to manage your Nevada business online is part of the initial steps you need to take in obtaining a Nevada business license. SilverFlume is a business platform that provides a way for you to process various types of business transactions with different government agencies, in a manner that is
Setting Up a 401(K) plan for your Las Vegas business is not mandatory. However, it may soon be approved by the IRS with the premise that employers provide congruous notice to employees with an option to “opt-out” of mandatory pre-tax contributions. Advantages While some employers question the importance of offering a retirement plan for their
So you want to start a restaurant business in Las Vegas? This is one of the most rewarding, yet challenging businesses one can start in the city. Las Vegas is known for its great eats. Along with that, comes many challenges due to the mature culinary makeup of the city. We know food in Vegas,
There are two ways to process an application for an Employer Identification Number (EIN): Online Account Registration Register by Mail (Paper Mailing) In this article, we will guide you on how to process an Online Account Registration. Here are the Steps: