Search results
5 days ago · David Pomerantz, beloved husband, father, artist, and spiritual teacher, was born on July 22, 1941, in Portland, Oregon, and passed away on May 25, 2024, at his home in Durango, Colorado.He was predec
6 days ago · Nashville, Tennessee — May 29, 2024 — OTC Industrial Technologies’ Nashville branch is holding a Grand Opening for customers, vendors, local leaders, and businesses from 11:00 a.m.-1:00 p.m. on Wednesday, June 5, 2024, at 5000 Linbar Dr., Ste. 200, Nashville, TN 37211. All are invited to visit the new location which centralizes our branch ...
4 days ago · Corporations are a type of business entity that offers liability protection to its owners. This means that personal assets, like houses and cars, are separate from the business's debts. Many entrepreneurs choose this structure over others because of the benefits it offers. It offers more liability protection than sole proprietorships and ...
4 days ago · Choosing the right business entity—more specifically, a limited liability company (LLC) vs. a corporation—is an important step in setting up your business, as it ensures you have the right ...
- Business owners that want to scale their business by hiring employees and taking on outside investors are best suited for a corporation. Corporate...
- The cost of your LLC will depend on a number of factors, like your state, the service you book with and any extras like an operating agreement. For...
- The answer depends on the kind of business you have, your income, your goals and your business’s ownership structure. There’s no one-size-fits-all...
- LLC is short for limited liability company. Inc. is short for incorporated, which means the company is a corporation. The owners of a corporation a...
- Although they sound similar, there are differences between an LLC and a limited liability partnership (LLP). While both feature aspects of corporat...
4 days ago · A corporation is a type of business entity that is owned by shareholders. A board of directors runs a corporation, and, like an LLC, a corporation is registered with the state. Corporations provide limited liability and tax benefits. However, they must follow more complicated operating procedures than LLCs.
- Whether an LLC or S corp is better depends on your specific situation. It only makes sense to file taxes as an S corp if there is enough net profit...
- An S corp can result in tax savings over an LLC because S corp owners are considered employees of the company and only pay FICA taxes on their “rea...
- The disadvantages of an S corp can include increased IRS scrutiny, additional fees, additional payroll and accounting costs compared to an LLC, and...
- The cost of forming an LLC will vary from state to state. In general, you can expect to pay a minimum of between $50 and $500 to form your LLC and...
- A registered agent is a person or business nominated to receive and send legal documents on your LLC’s behalf. In most states, you are required to...
- An LLC operating agreement is a legal document that outlines ownership and operating procedures of your limited liabilitycompany. This agreement al...
- The Articles of Organization is the legal document you submit to your state to form your LLC. This document contains important information related...
- First, it’s important to note that an S corp is a tax designation — not a business structure. This means a company can be both an LLC and an S corp...
- No. The default taxes for an LLC and taxes for an S corp are not the same. With an S corp, owners pay personal income tax and self-employment tax o...
- You can start an S corp yourself or hire a professional formation service to start an S corp for you. Learn more in our How to Start an S Corp guide.
Gold: $199 + state fees. This package offers a comprehensive feature set including all of the services of Silver, plus an EIN number, IRS Form 2553, Corporation Bylaws, Banking Resolution, Lifetime Company Alerts, Online Access Dashboard, Business Banking Account, and Business Tax Consultation. Platinum: $299 + state fees.
5 days ago · Generally, most entrepreneurs choose to form a Corporation or a Limited Liability Company (LLC). The main difference between an LLC and a corporation is that an llc is owned by one or more individuals, and a corporation is owned by its shareholders. No matter which entity you choose, both entities offer big benefits to your business.
