What's With All The Forms?

In business, it seems like there is a form that has to be filled out for everything. As a new entrepreneur, sometimes it seems that you are filling out forms that you don’t even understand. This article focuses on the forms needed to start up and register a business. Different types of businesses need different forms due to the structure of the business. A Non-profit is a public entity that relies on grants and external support for a specific cause. If this form is not filed or filled out properly, it could affect the organization’s right to tax exemptions. LLC’s are known for their required forms. Just to register the business an Article of Incorporation, Article of Organization, and Operating Agreement are needed for the businesses to become an LLC. When starting a Sole Proprietorship, a 1040 Schedule C/1040 C-EZ is needed.