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What are the requirements to have a food truck in California

Posted by Damian Roberti on

What are the requirements to have a food truck in California What is the going rate for a food truck these days?The majority of people who start their own food trucks spend somewhere in the range of $70,000 to $80,000 on their food trucks. The entire cost of purchasing a food truck can range anywhere from $50,000 to $250,000 depending on the method through which the truck is acquired, the degree to which it is customized to meet the buyer's specific requirements, and the local permission and licensing requirements. The following table provides a breakdown of the typical prices for purchasing,...

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What is the most tax efficient way to pay yourself

Posted by Damian Roberti on

What is the most tax efficient way to pay yourself You are the owner of a business, and regardless of how much you love what you do for a living, you have a responsibility to guarantee that you earn enough money to pay the bills at home and put food on the table every day.When you are the owner of a business, it is important to remember that paying yourself is about more than just the money; it is also about maintaining your mental health and being able to keep going. When it comes to owning a successful business, your capacity...

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How do I pay myself from my LLC

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 How do I pay myself from my LLC If you're forming a partnership with someone, but in today's video, we'll go through exactly how you should be paying yourself as a single member, LLC, to avoid getting into difficulty and to ensure that you're maximizing the tax legislation to its full potential. Let's The qualities of a single-member LLC are the first thing we need to grasp. If you're the proprietor of a single-member LLC, you've created a disregarded entity. A disregarded entity is the same as a sole proprietorship, which basically indicates you've opted to create a business. But...

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