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 ...
When deciding what type of business you should start, the options can seem overwhelming. Two of the most common types of U.S. business structures are C corps and LLCs. A C corp is a company that can ...
When it comes to business structures, LLCs can be an excellent option to separate your personal assets from your business and enjoy better protection from liability, especially when you’re a small ...
Converting your LLC to an S-corp when filing your tax return can be a complicated process, but it is possible. Find out how it can be done. Converting your LLC to an S-Corp when filing your tax return ...
LLC vs. S-corp vs. C-corp: Which is best for you in 2025? More than 5 million new business applications were filed across the United States last year, according to the U.S. Census Bureau. That pace ...
Fear not. Let’s go step by step on the questions which will help you navigate this decision. To start, an S corp is merely a tax or accounting election for an LLC. So that simplifies the decision down ...
If you’re looking to switch your business from an LLC to an S corporation, the first thing to understand is that an S corporation is not a separate entity. An S corporation is where you make an ...
Self-employment and side hustles have been booming in popularity, which complicates taxes for some. Financial planner Nate Hoskin said for most side hustles it's best to be a sole proprietor or have ...
David Straughan is a content manager and veteran journalist who specializes in the automotive and finance industries. He combines rigorous data analysis, exhaustive research and conversations with ...
To qualify as an S-corporation, your company must meet the qualifying criteria, including that it has fewer than 100 owners and is a domestic company organized under the laws of one of the 50 states ...