• The process for establishing an LLC can be done online by simply using one of the many online companies that provides this service or going directly to your state's Secretary of State website. All that is required is a simple document called Articles of Organization which documents the name and address of your business, nature of business, and name and address of a registered agent. There is a registration fee determined by your state.
• Next you will want to draft a simple operating agreement for your business. This helps secure your limited liability status.
• Apply for EIN number for yourself and for your LLC if you have any employees. If you really like things simple, you will probably opt not to have employees, only contract labor. But if you do, file payroll tax reports using the LLC name and EIN.
• Set up a simple but complete method of keeping accounting records. A separate business checking account is a simple start. Keeping your business separate from your personal is the objective. Treat your business like a business.
• File Schedule C and Schedule SE along with your Form 1040 every year and pay your taxes.
• File the appropriate forms to your state each year and pay your franchise taxes, if any.
• Always file supporting documentation for everything you do and every transaction relating to your business.
By your willingness to do these things, you will have established your business credibility with government agencies and given yourself and your family the added protection from any unforeseen events that may threaten your business or its assets.
If you're wondering whether you really need to go through all of this trouble, you certainly don't have to. You're not required to establish a Limited Liability company. But imagine how comforting it would be to know that your family and your assets are protected. After you find yourself in a legal battle with your wealth at risk, it's too late to form an LLC. Considering this option now could mean peace of mind and financial security in the future.
After all, it really is that simple. With just a few easy steps, you have a built in security system as well as the pride of owning an official LLC! How cool is that? It's never been so easy to establish a safe, healthy business that you and your family can feel good about. You won't regret forming an LLC, but you might regret NOT forming an LLC. Most entrepreneurs would much rather be safe than sorry.
Disclaimer: This article is for informational and entertainment purposes only, and should not be construed as legal advice on any subject matter.
Simple Simon Says Song
The popularity of strip poker was fueled by TV shows and the web. The internet version uses multi-user chat rooms, webcams and microphones. Users pit their skills against each other and the game ends with player clothed or outstripped. Even without money involved, online strip poker can be just as thrilling as real strip poker games. Both follow strip poker rules, which may vary though.
Chips or Strip?
If you don't have the guts to do a real strip in front your poker opponents, then strip on line. Stripping online affords a sense of unreality about the whole thing. Your opponents can only ogle you through their webcams; whether its chips or strip, there are sets of rules to follow. Before you start pitting yourself against ace players here are some strip poker rules to guide you.
Simple Strip Poker Rules
For offline games, it is prudent to select the players. Party strip poker themes must only include guests who are too willing to participate and enjoy the game. It is also an unspoken rule that the game be only played with friends. It is taboo to let family members and neighbors participate.
Strip poker should be held in real tight privacy. There should be no children around or nosey neighbors. Ideally, players should be partners or would-be partners to add a lot of sizzle to any adult party.
Strip Poker is played similarly to the standard poker. Instead of cash, losers are required to strip. Before a game starts players should agree on the cost of each clothing article. The cost of a pair or single socks, shorts, necktie or handkerchief must all be itemized and evaluated. The cost of the items also represents the cash counterparts absent in the game.
The second golden rule demands that all players wear the same number of clothing. It would be unfair if some players don layers of outer clothing, while the rest did not. They can also agree on the matter of buying back clothes. However, strip poker regulations are flexible.
Strip poker should be simple, and betting rounds fewer. This takes off the sting in live strip poker. The loser is determined by the number of clothes he has removed. Of course, the lucky winner has some piece of clothing on.
Truth, Dare or Strip
Since strip poker rules are not rigid, players can decide beforehand if they should start with cash bets. As it happens when the cash dries up, the stripping begins. The real fun starts and the scene heats up offline or online. The players can also be divided into two teams ? men against women.
Players may decide on truth or dare. Here, the loser is asked if he wants a dare or a question. The questions may be difficult mind teasers or personal. It is one of the unspoken strip poker rules to require players to ask relatively harmless personal questions. Everybody is there for the fun, not the fight. Right?
Both Melissa Gordon & Alexes Lebeau are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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