Business entity type and tax structure impact your organization’s finance and compliance requirements. Two popular choices are limited liability companies (LLCs) and S-corps. Although the arrangements ...
Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...
Many entrepreneurs with a Limited Liability Company (LLC) or C Corporation find S Corporation tax treatment an attractive option. An S Corporation is not a business entity in and of itself, but rather ...
Please provide your email address to receive an email when new articles are posted on . When choosing a structure for a practice, you are making two choices: what legal structure to choose and which ...
As a tax professional and business consultant, one of the most frequently asked questions I get is, "Should I open an LLC or S-corporation?" I wish there were a quick and simple answer to this ...
When launching a new business, one of the most critical decisions you'll face is selecting the appropriate legal structure.
(From left) Solo entrepreneurs Catherine Sontag, Stephen Schenck and Misha Cariola. The post-pandemic years have shown an inverted trend from the last 50 — instead of declining entrepreneurship rates, ...
CPAs can help their clients determine what is a reasonable salary to pay shareholder employees (SEs) of S corporations, thus satisfying an IRS priority to collect proper amounts of employment taxes.
When first investigating how to start a business, you may be unsure of the various business classifications and overwhelmed by which one to choose for your company. Along with looking into things like ...