A lot is riding on the business entity type you choose. The business structure you decide on affects your legal liability as an owner, tax obligations, growth potential, and compliance requirements you’ll need to satisfy on an ongoing basis. To make matters more complex, the entity type that’s right at the beginning of a business’s […]
Business Entity Types 101: Is It Time to Rethink Your Business Structure? Read More »
The new year is moving along swiftly. Martin Luther King Jr. Day has passed, the Grammys have come and gone, and many a person has already given up on their well-intended New Year’s resolutions. Fortunately, if requesting S Corporation tax treatment for your business in 2020 is on your list of resolutions, there’s still time to
5 Things to Know About the Upcoming S Corporation Election Deadline Read More »
You’ve probably heard that being an S Corporation has some perks. It certainly can for some businesses. Might it be the right option for you? Let’s take a moment to chat about all things S Corp so that you can gain a better understanding of what it is and its potential advantages. First, an S
Some LLCs and corporations (if they meet the IRS’s eligibility requirements) may choose to be taxed as an S Corporation. But what does that mean exactly? With 2019 just beginning, now is a perfect time to consider whether an S Corp election might benefit your business. Moreover, the deadline for choosing tax treatment as an
What Are the Potential Advantages of an S Corporation? Read More »
The year 2018 is still fresh and new with plenty of time to work toward achieving the goals you’ve set for your business. But some things can’t wait. For example, corporations and LLCs that want to elect S corporation status for this tax year have an upcoming deadline. So before the spring thaw, businesses that
Could S Corporation Election Be the Right Move for Your Small Business? Read More »
