Glave Business Solutions

Tag Archives | LLC

The Business of Being a Musician

Glave Business Solutions specializes in the tax and legal side of the entertainment industry, and we receive a lot of questions about the considerations of being a hobby or professional musician.  Many musicians learn the hard way that the IRS is interested in the money they are making by playing in bars or coffee shops, […]

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LLC Taxation

Great! You decided start up a business and settled on using a Limited Liability Company (LLC) to organize. When you file for your Employer Identification Number (EIN) either through the IRS website or form SS-4, you should receive a default tax classification in your confirmation letter. Initial classification is based number of members. It is […]

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