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 ...

Starting your new business requires careful planning, which includes deciding what type of legal business entity, if any, you will form to operate your business. For a small-business owner not forming ...

S Corporation is a tax status that businesses can choose to elect if they are registered as either Corporations or as Limited Liability Companies (LLCs). The Really Useful Information Company (TRUiC) ...

Painting companies often start out as one-person operations, with an individual hiring out for a specific job. As a business grows, however, there is usually a need for a more formal organization, ...

Business owners can choose to run their companies as an S corporation or as a limited liability corporation. Which option works best for you? On any new entrepreneur’s “to do” list is to designate ...

Many businesses that start as a sole proprietorship reach a point where it makes sense to graduate to a more complex business structure. Registering your business as its own legal entity can also ...

When starting a business (or growing a business from a sole proprietorship), the limited liability company (LLC) and the S corporation are the go-to entities for small business owners. Both entities ...

One of the first tasks a new business owner must address involves the question — What type of entity should I choose to operate my business? “A common tax consideration is a desire to avoid double tax ...

One of the most important steps when starting a business is deciding on the right form of your business. Laura Norris, J.D., an Assistant Clinical Professor and Director of SCU Entrepreneur's Law ...