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In this tutorial, Andrew Ayers, a business law and estate planning attorney, explains the concept of articles of incorporation for those starting a business. He emphasizes that one of the first steps in forming a business is filing initial documents with the state, typically referred to as articles of incorporation, which may have different names depending on the state. This document notifies the state of the business’s commencement. Additionally, Ayers recommends obtaining an Employer Identification Number (EIN) from the IRS, a process that has become easier and can now be done directly through the IRS website, unlike in the past when it required involvement from accountants or attorneys.
