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C-Corporation vs. S-CorporationWhen someone thinks of a “corporation”, they are typically thinking of the two big types of corporations: C-Corporations and S-Corporations. While they are similar in many respects, they do have several differences that are noteworthy. While both types are separate … Continue reading
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LLC vs. S CorporationFor many businesspeople, the choice of “business entity” comes down to a choice between the Limited Liability Company (LLC) and S-Corporation. While quite similar in many respects, LLC’s and S-Corporations both have advantages over one another. For example, while LLCs … Continue reading
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The Advantages of Forming an S CorporationThere are several decisions to consider when forming a business entity; it is important to be familiar with the tax ramifications of a given business entity before it is filed with the designated state agency. Forming an S Corporation is … Continue reading
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LLC and Corporation Ongoing Compliance RequirementsThe need for compliance with government requirements only gets more important after forming a corporation or LLC. Very often the corporation or LLC was set up in the first place to help protect personal assets and provide tax-deductible benefits for … Continue reading
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Forming a Nonprofit CorporationForming a Nonprofit Corporation will not only make you more accessible to potential donors. It will can your organization credibility and help you protect your personal assets, too. Unlike a for-profit Corporation, a Nonprofit Corporation is not designed to make … Continue reading
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LLC and Corporation Ongoing Compliance RequirementsThe need for compliance with government requirements only gets more important after forming a corporation or LLC. Very often the corporation or LLC was set up in the first place to help protect personal assets and provide tax-deductible benefits for … Continue reading
Posted in Business Library, Library, Nonprofit Corporation Info
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LLC vs. C CorporationC-Corporations are the oldest and probably most common type of large domestic company. Many product and services that people come across daily are provided by corporations. And while Limited Liability Companies are a newer entity type than C-Corporations, they offer … Continue reading
Posted in Business Library, Library, LLC Info
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LLC vs. S CorporationFor many businesspeople, the choice of “business entity” comes down to a choice between the Limited Liability Company (LLC) and S-Corporation. While quite similar in many respects, LLC’s and S-Corporations both have advantages over one another. For example, while LLCs … Continue reading
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The LLC Operating AgreementEven though it is not legally required by most states (New York is an exception), having an operating agreement for your LLC is a smart move – and not having one can be dangerous for both you and your business. … Continue reading
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