Starting and Operating a Business in North Carolina (September, 2018 Edition) is FULLY UPDATED for the 2017 tax reform act, and is a comprehensive tax and legal guidebook for North Carolina small businesses. The author, a retired attorney and CPA and a Harvard Law graduate, provides a detailed but easy to read explanation of the "ground rules" you need to know to navigate successfully through the complex maze of federal and North Carolina tax and business laws and regulations. This includes an analysis of the complex provisions of the new tax law, explaining how you can benefit from the beneficial changes (and avoid the new pitfalls) in the new law to greatly reduce taxes on your small business.FULLY UPDATED FOR 2018! The new tax law left hardly a stone unturned in the federal tax code. The tax portions of this 2018 edition were largely re-written from prior editions, due to the new tax laws and the required total re-thinking of traditional tax strategies, many of which no longer make sense after 2017. Also fully updated for 2018 federal tax rates and brackets, 2018 retirement plan limitations, and other 2018 inflation-indexed items of the tax law.Federal tax and legal coverage includes individual and corporate income, self-employment, estate, gift, and excise taxes, payroll taxes, withholding taxes; the Americans with Disabilities Act; environmental laws; minimum wage/overtime and child labor laws; anti-discrimination and health care reform laws that apply to employers; immigration laws affecting hiring; OSHA job safety requirements; ERISA (employee benefits) compliance; the Family and Medical Leave Act rules (and how to earn the 2018-2019 family leave tax credit); mail order sales and telemarketing regulations; Internet taxation and regulation; and much more. FULLY UPDATED FOR MAJOR 2018 AND 2019 NORTH CAROLINA TAX REDUCTIONS AND LAW CHANGESNorth Carolina tax and legal coverage includes the North Carolina state income tax, state corporate income and franchise taxes, sales and use, property, and unemployment taxes, withholding of employment taxes, and other state and local business taxes; state discrimination laws, which may differ from federal; the North Carolina minimum wage, overtime, and child labor laws; mandatory workers' compensation insurance and new hires reporting; wage payment requirements; when/if registration of fictitious business names (trade names) is required; and much more.OTHER IMPORTANT INFORMATION AND ADVICEIn addition to extensive, up-to-date coverage of federal and North Carolina business laws and taxes, you will also find this e-book to be a gold mine of other useful information and advice for running your business. It includes topics such as an entire chapter on site selection for your business; guidance for choosing accounting method and taxable year; do's and don'ts when buying an existing business, acquiring a franchise, or signing a lease; pros and cons of corporations, LLCs, and other business entities, as well as North Carolina filing fees and taxes for each type of entity. Other chapters deal with subjects such as how to protect your assets from creditors; whether to incorporate in a state other than North Carolina; how to classify workers as either employees or independent contractors; advice to heed before joining a multilevel marketing program; exporting tips; cash flow management and fraud detection; and estate planning, to name a few covered topics.