Archive for the ‘LLC, S Corp, C Corp’ Category
Form of Doing Business
Sunday, April 5th, 2009
business structures 101
What exactly is an LLP? What’s the difference between an LLC and a corporation? What about S-corps and C-corps? Sorting through the legal jargon and tax codes defining these business structures can be daunting for entrepreneurs – but picking the right [...]
Subchapter S Considerations
Sunday, April 5th, 2009
HOW THE NEW TAX LAW WILL AFFECT SUBCHAPTER S CORPORATIONS
Following months of political wrangling, President Bush signed the Small Business and Work Opportunity Tax Act of 2007, which is part of a much larger and more controversial bill, the U.S. Troop [...]
Taxation LLC
Sunday, April 5th, 2009
TAXATION OF LLC’S
Limited Liability Companies: An Interesting Tax-Reporting Entity
A state-registered limited liability company (LLC) can be taxed as a partnership for federal income tax purposes. However, its members, like corporate shareholders, are not personally liable for the entity’s [...]