The Blaugg Blog
Do you even Blaugg???Understanding 501(c)(6) Organizations
You’ve probably heard the term 501(c)(3), which is probably the most common type of tax-exempt status for nonprofits in the... View Article
Qualifying for Trader Tax Status (TTS)
Day traders—or, people who generate a substantial income from trading securities, like stocks, bonds, and options—may find it beneficial to... View Article
Converting an LLC to a Corporation in Delaware
Converting a limited liability company (LLC) to a corporation in Delaware is fairly straightforward thanks to a process called statutory... View Article
Registering Your Transportation Business with DOT
When you start a transportation business, in addition to registering with your state authority you’ll have to register with a... View Article
What to Know About IRS Form 5472
IRS Form 5472 is used for US companies with significant foreign ownership, as well as foreign companies conducting business in... View Article
NAICS Codes, Explained
NAICS codes are sometimes requested when businesses file government documents. But unlike some federally issued numbers, like EINs, NAICS codes... View Article
Increasing Authorized Stock Shares
When you form a corporation, you decide how many stock shares your company can lawfully distribute. But what if you... View Article
What to Know About Filing as an S-Corp
The term “S-corporation” (or S-corp) is often mistaken for type of business entity, but it’s not actually an entity... View Article
How to Change the Owner of an LLC
There are many reasons why a limited liability company (LLC) might transfer ownership—a business can be sold, inherited, or even... View Article
How to Transfer Ownership Within an S-Corp
S corporations—known as S-corps—are small corporations (less than 100 shareholders) that complete Form 2553 and are granted S-corp status by... View Article