Lauren Simone Blogs

Social media has two sides: the good and the bad, but I'm always looking for the good. While scrolling through Instagram, I came across the More Than Super Special (MTSS) page showcasing a beautiful bathing suit. As I clicked on the page; I learned that a 12-year-old Autistic girl created such a masterpiece.  Paola is a nonverbal Autistic girl who finds her voice through drawing. I'm curious if you read my first book, Madison Explores Paint; if you did, you would realize that Paola and I have something in common: we use Art to express ourselves. Not only do we both...

I am not a tax professional, but I can provide some general information. It's important to consult with a tax professional or the Connecticut Department of Revenue Services for advice tailored to your specific situation. Department of Revenue Services. 450 Columbus Blvd. Suite 1. Hartford CT 06103. Phone Number: 860-297-5962  In Connecticut, the sales tax generally applies to the sale of tangible personal property, which includes books. However, there are exemptions for certain nonprofit organizations and charitable activities. If your business involves selling books in Connecticut, but you donate all the revenue to a qualifying nonprofit or for a charitable purpose,...

Before registering your business, it's essential to take several steps to ensure a smooth and legally compliant process. Here are some tips to consider before registering your business: Conduct Thorough Research: Research the availability of your desired business name to ensure it's unique and not already in use by another entity. Check for trademarks and domain name availability associated with your business name. Go to the Patent and Trademark Office: http://www.uspto.gov/ Choose the Right Business Structure: Understand the implications of different business structures (sole proprietorship, partnership, LLC, corporation) and choose the one that aligns with your goals and needs. Consider consulting...

Both Limited Liability Companies (LLCs) and S Corporations (S-Corps) are popular business structures in the United States, offering limited liability protection for owners. However, there are key differences between the two: Taxation: LLC: By default, an LLC is a pass-through entity for tax purposes. This means that the profits and losses "pass through" to the owners' individual tax returns, and the business itself does not pay federal income tax. Owners report their share of the profits on their personal tax returns. S-Corp: Like an LLC, an S-Corp is also a pass-through entity. However, it has a specific tax election that...