Articles, tagged with "s corporations", page 5

S-Corp or C-Corp – How to choose

As a new entrepreneur or small business owner, it can become a daunting task to determine the legal stance of your business. Corporations are favored because unlike sole proprietorships and partnerships, corporations provide liability protection. The busi... Read >
Author: Joe Cline

Small Business Taxes -- How to Avoid the Dreaded Double Taxation of Business Profit

The advantages are incorporating your small business are many. For starters, you'll be protecting yourself and your family from the possibility of a business ending lawsuit. Forming a corporation is Step One on the path known as "Asset Protection" -- y... Read >
Author: Wayne M. Davies

Year-end Accounting To-do List for S Corporations

The U.S. Treasury now says that S corporations outnumber regular business corporations. But that shouldn't surprise. S corporation tax treatment typically saves thousands of dollars a year in taxes per shareholder-employee. S corporations, unfortunatel... Read >
Author: Stephen L. Nelson

Business Planning for an S Corporation

S corporations, according to the Internal Revenue Service, have become the most popular form for doing business in the United States. As a result, business owners and entrepreneurs must know how business planning for an S corporation differs from planning... Read >
Author: Stephen L. Nelson

When S Corps Make Sense for Real Estate Investment

Some CPAs and attorneys say there's an eleventh commandment, "Thou shalt not invest in real estate inside a corporation." And, usually, this proclamation holds true. Investing in real estate within a corporation means you lose many of real estate's tax be... Read >
Author: Stephen L. Nelson

Incorporating a Professional Practice

Incorporation offers a small business owners a great way to reduce liability and taxes. Unfortunately, the rules for professionals who want to incorporate are be tricky. Fortunately, one can make incorporating a professional practice like law or medicine ... Read >
Author: Stephen L. Nelson

What Everyone Should Know About Intellectual Property

Intellectual property (IP) is a catch-all term that covers creations of the mind, or intellect, that are both commercial and artistic in nature. There are two categories of such property, the first of which includes creative works such as books, movie... Read >
Author: Bob Schuster

Taxation of S Corporations

Introduction - s vs c corp Self-Employment Taxes - C corporation vs S corporation One of the main reasons people set up an S corporation or make the S corp tax election for their LLC is to save self-employment taxes. The tax rate is 15.3% up to $... Read >
Author: Nick Braun EA PhD

Setting up an S corporation

Introduction There are two types of corporations: •S corporations, and •C corporations We will take a close look at the drawbacks and S corporation advantages, also known as S corps. S corps offer limited liability and simple tax treatmen... Read >
Author: Nick Braun EA PhD

Avoiding Incorporation Scams

Incorporating a business often makes good legal and tax sense. Absolutely. But new entrepreneurs need to know that a handful of incorporation scams often ensnare small businesses. And that is truly unfortunate. Getting entangled in an incorporation sca... Read >
Author: Stephen L. Nelson

S Corporation Tax Explained

Many businesses start life as an s-corp and when profitable become c corps to benefit from income splitting and fringe benefits. Alternatively they form an LLC which is simpler to form and operate but offers the same personal liability protection. S co... Read >
Author: Nick Braun EA PhD

Business Credit Article #1

Build Good Business Credit by Not Making It Personal When you need to borrow money to grow your existing business, wouldn't you like to walk into a bank and know that you stand the best possible chance of being approved? Of course you would, but do you ... Read >
Author: Trent Lee

When C Corporations Save Your Business Taxes

Small business owners usually minimize their taxes by operating as a sole proprietorship, partnership or S corporation. Or by operating as a limited liability company taxed as a sole proprietorship, partnership or S corporation. However, even though C ... Read >
Author: Stephen L. Nelson

A Complex Environment Demands Entrepreneurial Freedom

This shift in our view of the world is so striking that a new field of science has emerged devoted to the study of complexity and chaos. Where once managers thought their work was amenable to analysis and control, now they flounder in an unpredictable flu... Read >
Author: Alien

The 6 Biggest Secrets of Equipment Leasing

An equipment leasing decision can be the best alternative for small businesses when weighed against paying out a large sum of cash or going to the bank for a loan to acquire or upgrade equipment. Having your cash reserves invested in equipment makes you ... Read >
Author: Writerman

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