Benefits: Limited Liability Company Taxes (LLC)

The Limited liability company is one of the more favored business organizations because it’s easy to set up, gives business owners some of the same protections as C corporations, and has tax benefits. You not only have less paperwork at the inception of the business, but you also have less paperwork and requirements to meet […]

Benefits: S Corporation Taxes

One of the first things you do when starting a new business is choosing a business structure. Each entity type has different methods of taxation. When choosing, you should take into account how many employees you have, how much growth you expect in the first few years of business, and whether you need corporate protection. […]