Before you even begin to launch your business plans, you need to determine the right entity formation. There are several options to choose from. Many smaller businesses might opt for a sole proprietorship, partnership, or LLC. Your choice will depend on the ownership, business model, and your possible liabilities. These Read more…
Side hustles are getting to be as common as some of the hobbies which lead people to try to make a little extra from home. Some have used the layoffs of our uncertain economic climate as a push to take it to full-time. With all of the technology at our Read more…
What’s in a name? That which we call a rose by any other name would smell as sweet.” Or, so Juliet believes. In the real world, people make snap judgements based on the first observations that they make. Your business name is likely to be the first thing that a Read more…
The Advantages of C Corporations Forming a C Corporation does have several benefits: A C Corporation has Limited Liability Because a C Corp is a separate legal entity, the liabilities of the business are separate from the liabilities of the directors, investors and shareholders. Generally, the owners of a C Read more…
If you don’t know much about C Corporations, you can read more in our articles about their pros and cons or just increase your general understanding in our basic guide to C Corporations. How Do Profits And Taxes Work With A C Corp? A C Corporation is taxed as a Read more…
Unlike traditional C Corporations, also called C Corps, the S Corporation is not subject to corporate income taxes. Instead, the S Corporation receives different treatment for tax purposes that is generally more favorable to the business owner. The S Corp is a pass-through entity for tax purposes, similar to the LLC. This Read more…
What Is a C Corporation? A C Corporation is one of several ways to legally recognize a business for tax, regulatory and official reasons. A C Corp is simply a way to structure ownership of a business, and contrasts with other popular business structures including Limited Liability Companies (LLCs), S Read more…