FAQs About S Corporations

FAQs About S Corporations

There are two types of corporations—C Corporations and S Corporations. When most people think of a corporation, their mind automatically goes to a traditional C Corporation, although they may not realize it. While both entities are remarkably similar, they have some...
7 Times When LLC Is the Right Choice

7 Times When LLC Is the Right Choice

Limited liability companies (LLCs) are extremely flexible, so they work well for a variety of businesses – big and small. They can be structured in several ways to meet your needs. An LLC is also a separate legal entity, which means it offers asset protection...
When You Owe Taxes to the IRS

When You Owe Taxes to the IRS

No one likes having to pay in at tax time, which is why tax planning all year-round is essential. Even when you cannot avoid paying in, you still have options when you owe additional taxes to the IRS. You may be able to pay the debt over time, work out an arrangement...
8 Last Minute Tax Strategies

8 Last Minute Tax Strategies

The tax code is incredibly complicated. It is far more common than you might think to overlook tax reduction strategies and potential tax savings. Some deductions and credits are missed more than others. You can use this list to determine if you have missed some of...