MoreBy Jean Folger

Sep 25, 2024 | time.com | Sarah Hostetler |Jim Probasco |MoreBy Jean Folger |Jean Folger

One of the first decisions a small-business owner makes is choosing a business structure. A limited liability company (LLC) is a popular option, partly because it shields members from personal liability for business debts and lawsuits. Here's what you need to know about starting an LLC in Massachusetts. Massachusetts LLC state and federal tax requirementsState and federal income taxesBy default, LLCs are pass-through entities.

Sep 25, 2024 | time.com | Jim Probasco |Jean Folger |MoreBy Jean Folger |Sarah Hostetler

Who doesn’t want to save money? Thrift has been considered a virtue for centuries. Without enough money you can’t accomplish your personal and career goals, establish a decent quality of life for your family, or spend your later years in comfort. Of course, the obstacles people face in saving money are not equal. Economic hardship, high costs for essentials like food and housing, and emergencies beyond our control can make it very difficult.

Sep 25, 2024 | time.com | Sarah Hostetler |Jean Folger |MoreBy Jean Folger |Jim Probasco

If creditors are hounding you for old debt, it’s important to know your rights. That’s because your bill may be considered time-barred—and, legally, you may not have to pay. Time-barred debt refers to an unpaid financial obligation that can no longer be legally collected because the statute of limitations has passed. Once a debt becomes time-barred, creditors lose the legal right to sue for it, although some may attempt to collect through other means.

Sep 24, 2024 | time.com | MoreBy Jean Folger |Jean Folger |Alicia Tuovila |Jennifer Cook

A limited liability company (LLC) can offer you personal liability protection from the business activities you engage in. If you are a real estate investor, a real estate LLC can protect your assets against certain lawsuits. It can also make it easier for you to invest in real estate with other partners. Here is a guide to help you decide if a real estate LLC is right for you. Why set up an LLC for real estateReal estate investing is a particularly risky venture.

Sep 24, 2024 | time.com | MoreBy Jean Folger |Jean Folger |Alicia Tuovila |Jill Cornfield

If you're starting a small business, one of the first decisions you'll need to make is how to structure it. A popular option is a limited liability company, or LLC. Here's how to set one up in Texas.  Step-by-step guide to forming an LLC in TexasForming an LLC in Texas is a straightforward process. Here are the steps you'll need to take.