| Greg Monterrosa |
Cal Lutheran University, Entrepreneur Speaker Series, With Greg Monterrosa
Custom Rubberized Sunglasses
Greg Monterrosa featured in Success Magazine
Greg Monterrosa is the founder of MyLLC.com, DGPWorld.com, EV Charge Search, and The Conejo Valley Business Group.
| Greg Monterrosa in Success Magazine |
| Greg Monterrosa in Success Magazine |
Google's Don Dodge Interview with Jennifer Reuting
Tax Havens For Internet Companies
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| Website Magazine |
However, while businesses can “live” in whichever state they desire (technically called “domiciled”), they still have to register and pay taxes in each state where they transact business. And while each state has a different idea of what that term means, for the most part, if you have employees or office space in a particular state, you are transacting business there.
Qualifying Online Businesses and Tax Havens
If you operate a pure online business chances are your company only exists in a virtual world. If you don't keep office space and instead of employees you have independent contractors — such as programmers and server administrators, who are often in developing countries — you are a perfect candidate for saving on taxes via a tax haven.
Tax havens are generally states that are very pro-business and tax-free — no corporate taxes, franchise taxes or personal income taxes. There are two major tax havens in the United States — Nevada and Wyoming. The only significant difference between the two is that Wyoming seems to offer lower fees and doesn’t carry the tax haven stigma that Nevada has developed over the years.
If you have a truly virtual online business, all you have to do is form a Nevada or Wyoming corporation. Keep in mind that it can’t be an LLC unless you elect corporate taxation with the IRS. Otherwise, all of your income will pass through to your individual tax return in the state in which you live. This means that you will have to pay state taxes on the income at an individual level as if it were income to yourself.
When forming your corporation, it’s recommended to use a professional service. If you choose to go it alone, you may have to spend many more hours than you realize to understand the filing procedures and the nuances of that particular state — all from hundreds of miles away. A better bet is to use a national company with associates who specialize in each state and not only know the required filings, but also maintain strong relationships with state employees — an important factor to getting things filed in a timely manner.
Keep in mind that as soon as you issue yourself payroll, your corporation or LLC will need to register to transact business in your state — which means it will have to pay taxes from all income derived in that state. Therefore, you should try to take money out of your company in the form of loans and dividends.
Read the entire article on
Tax Havens For Online Businesses - Website Magazine - Website Magazine
Examining Different Business Structures With Jennifer Reuting
Register for our July 12th webinar and discover:
• Which entity is right for you - LLC, Corporation or S-Corporation?
• How to operate your company effectively, while still maintaining compliance
• Which tools and resources are essential for structuring your business
MyLLC.com Joins Forces with Startup America Partnership
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| MyLLC.com |
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| Start Up America Partnership |
MyLLC.com, which has long been renowned for its education-based platform, intends to assist the Startup America Partnership through offering free advice, and discounts on business filings and business structuring to emerging and existing entrepreneurs from coast to coast.
Along with some of the world’s largest corporations such as Microsoft, HP, Cisco and Google, and non-profits including the National Center for Women & Information Technology and The National Venture Capital Association, MyLLC.com will serve as a valuable supplemental resource for entrepreneurs from the earliest stage of business development. “Since our inception, it has been our primary mission to educate entrepreneurs about the critical need for proper structuring and filing of their businesses, in order to ensure that their startups, their visions, and their labors of love are strategically and thoroughly protected,” says Greg Monterrosa, Vice President of MyLLC.com.
The Startup America Partnership, launched on January 31, 2011 with initial launch funds from the Case Foundation and the Ewing Marion Kauffman Foundation, was conceived as a means to encourage and support the innovation of American entrepreneurs. The Partnership will work hand in hand with the White House to contribute funds, develop new programs, and assist entrepreneurs as part of President Obama’s strategy to stimulate economic growth by creating quality jobs.
“MyLLC.com is thrilled to be a part of the Startup America Partnership,” says Monterrosa. “As a rule, MyLLC.com never misses an opportunity to promote high-growth entrepreneurship across the country. We know that every business in the world started with one person’s vision -- just one idea. It is our obligation as an educational company to ensure that the visionaries behind these ideas are well-informed about the proper formation and structuring of their companies so that they remain sustainable and continue to create jobs well into the future,” he adds.
In addition to its new alliance with the Startup America Partnership, MyLLC.com’s founder Jennifer Reuting is the author of the best-selling book Limited Liability Companies for Dummies™, now in its second edition. MyLLC.com also has partnerships with the National Foundation for Teaching Entrepreneurship (NFTE) and works in conjunction with the University of Southern California’s E-Club to help educate emerging entrepreneurs.
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About MyLLC.com: MyLLC.com®, the authors of Limited Liability Companies for Dummies™ offers customers: complete entity formation, entity dissolutions/withdrawals, foreign qualifications, corporate compliance, free name checks, trademark searches and registrations,, registered agent services, and corporate supplies such as corporate kits, stock certificates and embossing seals. These services are available in all 50 States as well as the District of Columbia. For more information visit http://www.myllc.com/ or call 888.886.9552.
The Startup America Partnership is a movement - by entrepreneurs, for entrepreneurs - to help inspire and celebrate entrepreneurs, their firms and the people that join them. Launched January 31st at the White House in response to President Obama’s call to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation, the Partnership is bringing together an alliance of major corporations, funders, service providers, mentors and advisors working to dramatically increase the prevalence and success of high-growth enterprises in the U.S. AOL co-founder Steve Case chairs the partnership and the Kauffman and Case Foundations are founding partners, providing initial funding and strategic guidance. For more information on the Partnership, visit http://www.startupamericapartnership.org/ and follow at www.twitter.com/startupamerica and www.facebook.com/startupamerica.
Matthew Lesko at South by Southwest 2011
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| Greg Monterrosa and Matthew Lesko |
This is a new project that involved him. This award winning documentary is titled The Gospel According to Matthew.
Twilight Landing At LAX Cockpit View
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| LAX Cockpit View |
A very cool and recent Twilight Landing at LAX, this is cockpit view. You see everything from Thousand Oaks,The MyLLC.com offices, My House, Malibu, Santa Monica, Watts, Inglewood. Really cool video. Be sure to share this on your Facebook page.
Landing at LAX International Airport via the SADDE Six Arrival.
The song is "Los Angeles" by Sugarcult.
Learn How to Protect Your Creative Assets at SXSW, March 11-20, 2011
"In it's 25th year, SXSW brings many exciting changes, from the united SXSW Trade Show: The Exhibition for the Creative Industries, to new exhibitions such as Style X and SXSW edu, and expanded programming across each conference. The festival is experiencing healthy growth and 2011 promises to be one of our most ambitious years to date,” says Morgan Catalina, trade show spokesperson.
On hand at MyLLC.com’s booth will be bestselling author of Limited Liability Companies For Dummies, and nationally recognized business filing and corporate structuring expert, Jennifer Reuting. She will be joined by fellow bestseller Matthew Lesko, author of Free Money for Entrepreneurs and How To Write and Get a Grant. In addition to being able to speak with these experts, visitors to MyLLC.com’s booth will be invited to form LLCs and Corporations in all fifty states, right at the company’s booth.
The decision to exhibit at this year’s SXSW® festival just made sense, according to Vice President of MyLLC.com Greg Monterrosa. “MyLLC.com has a long history of helping artists, musicians and filmmakers to protect their endeavors through the proper structuring of their LLCs and Corporations. As an industry leader in business formations, we know all too well that artists and musicians can often find themselves short-changed if they don’t properly protect their work. That’s why this year, in addition to educating independent filmmakers on the need for proper structuring of their films at IndieCon, and appearing at the ShowBizExpo, we selected South By Southwest as a prime opportunity to educate today’s artistic, entrepreneurial community.”
Reuting echoes Monterrosa’s sentiments: “MyLLC.com is a company comprised of music and film fanatics and tech gurus, which is why we’re so thrilled to be an exhibitor at South By Southwest this year. Since we've chosen to specialize in this field, we're now in a unique position to help the companies that are shaping our future. Now that's something worth going to work for! We couldn’t be more thrilled to be able to participate in this year’s South By Southwest Festival. It is our objective to help the incredibly talented visionaries attending the festival to protect their work in the coming years.”
MyLLC’s booth will be located in the Austin Convention Center. The trade show is now open four days for all SXSW registrants. The company will be updating live from the festival via Twitter at Twitter.com/MyLLC .
Be sure to "Like" & "Retweet" this feature BloomBerg TV did on MyLLC http://www.bloomberg.com/video/65005298/
MyLLC at IndieCon
Protect Your Film With An LLC
Have a great script or idea you need to put into action? Ever wonder what steps you need to take to start a film production? The authors of Limited Liability Companies for Dummies , MyLLC.com wrote an article that walks you through the process. Making sure your film project is properly structured is very important. Especially when it comes time to raising capital or hiring a production crew.
This article walks you through the importance of a Limited Liability Company ( LLC) when it comes time to pitch your ideas to investors. Its allot easier for investors to invest in an entity like a Limited Liability Company rather that a sole proprietorship. You will also learn the tax benefits with operating this way. Lets not forget the liability protection. Most filmmakers have several project under them that need to protected each other from each other.
There are also several options when it comes time to select what state you are going to file your Limited Liability Company ( LLC) out of. When you film in certain states you may also need to foreign qualify in that state. Once you are done in that state you may need to withdraw from that state. This article makes it really easy and simple to understand the business end of the entertainment industry.
If any questions come up you can always speak to an expert at MyLLC at 888 886 9552. There is also a live chat option on the homepage.
For the complete article visit www.myllc.com/film-production-llc.aspx
MyLLC at the Perfect Business Summit 2010
The BusinessMakers Radio Show-Jennifer Reuting of MyLLC.com -
Jennifer Reuting of MyLLC.com - The BusinessMakers Radio Show
Thanks
Jennifer Reuting to speak at Nation’s Largest Entrepreneur Conference, PerfectBusiness Summit 2010
In addition to Reuting, other PerfectBusiness Summit 2010 speakers will include: John Paul DeJoria, founder of John Paul Mitchell and Patron; Gavin Maloof, Owner of Palms Casino and NBA's Sacramento Kings; Tony Hsieh, CEO of Zappo’s; Isaac Tigrett, Founder of Hard Rock Cafe and House of Blues; Brad Hunstable, President & Founder, UStream.TV; Josh Stein, Managing Director, Draper Fisher Jurvetson, a $6B VC fund; Gina Bianchini, Co-Founder, Ning and others.
Reuting’s presentation will take place on Thursday, October 7th at 12:30 pm. For tickets, and more information visit www.PerfectBusiness.com/MYLLC
Best-Selling Author, Founder of MyLLC.com® Jennifer Reuting to speak at Nation’s Largest Entrepreneur Conference, PerfectBusiness Summit 2010
Incorporating your Equestrian Business
Incorporating your Equestrian business
Author: Greg MonterrosaIf you're operating your Equestrian business as a sole proprietor or general partnership you need to know you are operating in the most dangerous forms of business. Operating this way opens you up to liability, meaning, you are entirely and personally responsible for the actions of your company.
It only becomes scarier if you have partners, then not only are you responsible for your actions but theirs as well. If your partner gets sued personally his or her share of the assets can be taken away. Welcome your new business partners!
"I recently incorporated my business". Says Malibu Horses, Inc. instructor Inge Halliday. "Working with horses and clients really opens me up to liabilities above my insurance coverage. It also helps attracts clients, by operating as a corporation they see I am serious about my business, and its success. A successful business in turn means allot of educated and well trained clients and happy horses".
So what can you do to protect yourself? Operating as a corporation or a Limited Liability Company (LLC) is a safe way to protect your assets. With these types of entities you have what's referred to a corporate veil, this prevents the members/Shareholders from being personally liable from debts or other obligations the corporation or LLC enter into. For this to take place you need to follow your formalities.
When selecting the state for incorporate or form your Limited Liability Company(LLC) most equine professionals incorporate in the state they conduct business out of. If you ever plan on conducting business in a different state check with the Secretary of States office to see if you need to foreign qualify to do business there.
Operating as a separate entity can also give you added tax benefits, such as depreciation of your horses or other business assets, as well as pass through taxation (with LLCs). And the ability to easily add partners or investors.
So when is the right time to incorporate or form your LLC? Now! Everyday you operate as a sole proprietor you are risking your family's house, savings, trucks, animals and any other assets you may own or plan to own.
There are several ways you can incorporate your business. You can speak with a lawyer that can help you get everything filed, you can do it yourself or you can choose to use a service company like MyLLC.com aside from working with start ups and entrepreneurs they also wrote the book Limited Liability Companies for Dummies ®.
Article Source: http://www.articlesbase.com/equestrian-articles/incorporating-your-equestrian-business-3064201.html
About the AuthorGreg Monterrosa has worked with thousands of start ups and entrepreneurs. You can follow him on twitter @GregMetro or catch up on his blog at www.StartupWorld.Blogspot.com
IndieCon Conference Coming to Los Angeles Aug 14
"IndieCon is a great resource for anyone looking to take their filmmaking to the next level. MyLLC.com is proud to be a part of such a conference. Setting up your LLC is a very important step in the filmmaking process. It not only makes it easier to raise capital, but the LLC is very easy to manage and protects from liability when structured properly. This is what we are coming to IndieCon to do, educate,"says Greg Monterrosa Vice President of MyLLC.com.
At this all-day conference, participants will share their insights for raising money, securing distribution and creating marketing and promotional buzz for indie films. Participants will offer their blueprints for closing investors and distributors amid current economic conditions.
The conference will encompass six panels with notable speakers which will include:
How to Structure Your Film Company to Attract Investors
Jennifer Reuting, Founder, http://www.myllc.com/ and author of the book Limited Liability Companies for Dummies ®.
Introduction to Private Placements, the Cornerstone to Independent Film Financing, and How to Present Your Film Deal to Hedge Funds, Institutional and Individual Investors.
Stephen Colangelo, CEO of Start a Hedge Fund, LLC and a staple in the hedge fund community. Mr. Colangelo has extensive experience in raising millions for private placement ventures. His company raises funds for early stage Internet ventures and helps entrepreneurs, including filmmakers, prepare their due diligence to effectively and legally attract investors.
Steven Huttler, Securities Arbitration & Hedge Fund Attorney for the New York law firm of Sadis Goldberg and an expert in corporate, investment fund and securities matters, including the representation of investment funds, U.S. and foreign issuers, underwriters, and private clients in various registered public and private offerings of debt and equity securities totaling in excess of $10 billion.
Finding, Pitching and Closing Your Investors
Lonnie Ramati, Executive Vice President of Business and Legal Affairs for Millennium Films, an independent and studio executive who has negotiated deals for stars such as Scarlett Johansson, Al Pacino, Matt Damon and Bruce Willis, among others.
Gena Vazquez, Producer leading the funding for The Producer's Fund, a $25 million indie film fund.
The Ins and Outs of Sales Agents and International Film Sales
Sean T. Haley, Co-Founder and President of MultiVisionnaire Pictures, a film sales experts who has represented over 70 films to world buyers and a consistent buyer of quality independent films.
Glenn Reynolds, President, Circus Road Films, an indie film company that has sold over 100 feature films to North American distributors.
Domestic Distribution in Today's Rapidly Evolving Market
Lejo Pet, Head of Acquisitions, Sony Pictures Entertainment, who oversees all filmed entertainment acquisitions for Sony Pictures including independent films.
John Foster, CEO of Odyssey Pictures and an expert in capitalization, recapitalization, debt financing, investment analysis and operational turn-around.
Bryan Duran, Legal Counsel for STARZ.
The Importance of Public Relations to the Success of Your Film's Release
Mark Pogachefky, President and Co-Founder of mPRm, one of the film industry’s most respected movie marketers with feature film PR credits that include Traffic, The Ring, An Inconvenient Truth, March of the Penguins and Dreamgirls.
For additional information and registration visit http://www.indiecon.com/.
MyLLC.com is proud to sponser The Perfect Pitch 2010.
OPEN CALL TO ENTREPRENEURS
Pitch submissions are now being accepted for The Perfect Pitch 2010.
CLICK HERE TO BEGIN
If you are seeking capital or strategic partners for your business, this competition will provide powerful introductions, media exposure and a chance to change the trajectory of your business.
More than 100 angel and venture capital investors are participating as judges.
These investors represent more than $10 Billion in capital.
Judges will select the best entrepreneurs in these categories:
• Startup Businesses
• Established Businesses
•Students (college/university)
The Top 3 in each category will win airfare, hotel, limo, prizes and VIP tickets to PerfectBusiness Summit 2010.
Qualifying as a finalist in The Perfect Pitch 2010 can change your business forever:
INVESTORS
STRATEGIC PARTNERS
MEDIA EXPOSURE
Our 2010 conference has grown dramatically. This will be a massive two-day event in Las Vegas at the Palms Casino on October 7 - 8.
More than 60 powerful speakers will be participating, including:
Tony Hsieh CEO of Zappos
Tony Hsieh led Zappos from almost no sales to over $1 billion in sales, before selling Zappos to Amazon for $1.2 billion.
Isaac Tigrett
Legendary Founder of Hard Rock Cafe & House of Blues
Isaac Tigrett founded and built two of the world's most recognizable brands - Hard Rock Cafe and House of Blues.
Gavin Maloof
Owner of Palms Casino & NBA's Sacramento Kings
Palms Casino Resort is the hottest casino in Las Vegas and regularly hosts events attended by popular musicians and Hollywood celebrities.
Billionaire John Paul DeJoria
Founder of Paul Mitchell & Patron Tequila
John Paul DeJoria is one of America's greatest success stories. He is a former homeless person who amassed a $4 billion fortune by launching 2 companies that have exceeded a billion in annual sales.
CLICK HERE TO SUBMIT YOUR PITCH
Whether you are seeking capital, business partners, knowledge or inspiration, I truly hope you will join us for two amazing days in Las Vegas.









