be at stake

Posted 4 years ago in People and Nations. 367 Views

 DBA You don't have any separation. In other words, if you get sued your personal assets could be at stake.

be at stake

Ownership and the tax benefits of being a partner. To establish an LLC, you will have to register in your particular state. Like a partner, you will need to register in your state.

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There are multiple owners who can be part of your LLC. Your LLC will "pass the profits or losses through" to the owners of your company, who will then declare the funds in their personal tax returns.

returns.

Because they are more common than personal assets, LLCs are the most well-known business structures.

DBA You don't have any separation. In other words, if you get sued your personal assets could be at stake.



DBA (Doing Business as) Options for Artists

DBA is shorthand for "doing Business as". DBA can refer to any name that you registered to choose to sell your artwork that isn't the legal name for your business. DBA

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It isn't a legally-conforming company structure. It doesnt give you personal liability protection as an L.L.C., so if you are sued in connection with anything that is related to your LLC,

If you are a businessperson, a court may ordain the distribution of the assets of your personal in order to pay damages.

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