Summarize the following:
A lawyer can help you decide on the most advantageous legal structure for your business and walk you through tax procedures and the necessary licenses and permits in your area. This will have implications for how you file taxes and how much you will need to pay. Most small businesses are sole proprietorships, which are the easiest to set up and require the least paperwork. If you are considering another legal structure, you may wish to consult a lawyer who can help you pick the structure best for you.  Sole proprietorship – An unincorporated business run by an individual. No special steps are needed to form a sole proprietorship, and since there is no distinction between the business and you, the owner, the income from the business is reported as your income. You pay self employment tax. Because you will be personally liable for your business, this form is not recommended. Partnership – A business where two or more people share ownership. To form one you must choose a name and register your business with your state. You must also register with the IRS and get a tax ID. Profits are passed through to the partners, who pay taxes on them on their individual tax return. This includes self employment tax. Partners are liable for their own actions and those of their partners.  Limited liability company (LLC) – To start an LLC, you must, at a minimum, choose a name and file articles of organization with your state, often for a fee. LLC owners pay taxes on profits through their individual income tax returns and have to pay self employment tax, but are protected from personal liability for the decisions and actions of the company.  Corporation – An independent legal entity owned by shareholders. To register your corporation you must choose a company name and file articles of incorporation with your state. You will also need to register with the IRS and get a tax ID. Corporations file taxes separately from their owners. This may prove advantageous, allowing owners to take advantage of the corporate tax rate, but it may also lead to double taxation. You should speak with your lawyer or accountant to see if this form of business will benefit you.  S Corporation – An independent legal entity owned by shareholders, like a typical corporation, except that to avoid double taxation, profits and losses are passed through to the owners’ personal tax returns, instead of the company paying taxes. A DBA (Doing Business As) is needed whenever you are doing business under a name other than your own. If you are working as an independent contractor under your own name, you don’t need one. But if your limousine business has a name other than your own, you will need to register that name as a DBA. Corporations that must file tax returns will need one, as well as partnerships, which don’t file taxes, but do have to file business information annually with the IRS You will also need a tax ID if you have employees. Drivers are usually hired as independent contractors who cover their own payroll taxes, but for a dispatcher or other employees, your company will be responsible for half their payroll taxes, and must thus have a tax ID with which to pay them. Most states and some localities levy a business or corporate income tax. If you are a sole proprietor, you will pay this tax as part of your personal income return, while LLCs and corporations will be taxed separately from their individual owners. If you have employees, you will also need to pay state worker’s compensation insurance and unemployment insurance taxes. You can find more information on tax laws for businesses in your state here. Depending on the laws in your area, you will need to obtain permits for your business, vehicle, yourself, or all three in order to operate a limousine or black car, and sometimes another permit to pick up passengers at the airport. Depending on the locality and how competitive the market is, these permits will cost from around $100 to several thousand dollars.

summary: Consider hiring a business lawyer familiar with the industry. Determine the legal structure of your business. Choose your business name and register it with your state government. Determine if you need to get a tax identification number for your business. Register to pay taxes in your state and understand local tax laws. Obtain the necessary licenses and permits.


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Your core is the area of muscles in the trunk of your body. The core stabilizes your body, and a strong core allows you to perform many other exercises much more effectively. To determine your core strength: Lay on the floor on your stomach. Place a long pipe, dowel, or ruler along your back. Place hour hands on the floor, shoulder-width apart. Do a push up with your legs straightened. If your chest and stomach leave the ground at the same time, then you have a stronger core. The plank is one of the fundamental core-building activities, working many muscles in your trunk at the same time. To do the plank:  Lie on the floor on your stomach and place your forearms on the ground shoulder-width apart. Push up with your arms into a push-up position, keeping your elbows and forearms resting on the floor. Keep your body straight and tighten your core muscles to help alleviate strain on your arms. Breathe evenly and hold for 60 seconds. Relax for 60 seconds and then repeat 1-3 times every day. Once you’ve mastered the plank, it may become too easy for you. Try a more challenging version of the plank with the side plank. To do a side plank, start in the regular plank position. Then place one forearm on the ground with your elbow directly under your shoulder. Stack your feet on top of each other, twisting your body so that one side is on the ground. Push your body up while keeping your body straight. Leg lifts will help strengthen your lower back and abdominal muscles. To do a regular leg lift, lie on your back with your arms to your sides. Alternating legs, lift one leg about 12 inches straight off the ground, slowly and steadily. Hold for about 10 seconds and then lower it slowly to the floor. Do not bend your knee. Do 10 repetitions of these for each leg. Repeat 1-3 times every day. To do a more challenging version, try lifting both legs off the ground at the same time. Raise them slowly and steadily until they are about 12 inches off the ground. Hold them steady for a count of ten and then slowly lower them to the floor. Stand tall with your feet together. Put your hands on your hips. Slowly and steadily, lift one leg straight out to the side until it is about 6 inches off the floor. Lower your leg slowly. Do not let your body lean to one side. Keep your body straight up and down. Repeat 10 times on this side. Do the same exercise for the other leg. Repeat 1-3 times every day.  Tighten your core muscles and gluteus muscles (buttocks) to keep your body stable. As you get stronger, lift your leg up higher. Alternately, try lifting your leg straight out in front of you. Work to be able to lift your leg up a little higher every day. Be sure to hold onto something for balance support. A kettleball is a small iron weight with a handle. By lifting a kettleball, you are forced to use your core to maintain your balance. To strengthen your core, start with a 10-pound kettleball and work through various exercises, such as the half-kneeling halo.  Half-kneeling halo: Kneel on one leg. Hold the kettleball in both hands in front of your chest. Lift the weight up to your right shoulder. Next, bring the weight around to the back of your head. Third, bring the weight to your left shoulder. Finally, bring the weight back to your chest. Repeat going in the opposite direction. Complete this set 5 times and then kneel on your other leg and do another 5 sets.  Do kettleball exercises 3-4 times each week.
summary: Evaluate your core strength. Do plank exercises. Do side plank exercises. Do leg lifts. Do side leg lifts. Train using a kettleball.