Operating an LLC—or a corporation—taxed as an S-corp can provide significant tax savings to small businesses at every level.
Electing to establish an S corporation could unlock the tax benefits enjoyed by millions of small business owners — as long as financial advisors and clients avoid some pitfalls. Processing Content ...
While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.
Limited Liability Companies give business owners a unique blend of liability protection and some real tax flexibility. The main tax perk of an LLC is pass-through taxation, which lets profits flow ...
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Filing taxes for your LLC as an S Corp allows an owner-operator to designate him- or herself as an employee of the LLC yet to still report the income of the business on their personal tax return. S ...
If you’re thinking about starting a business, you’ve probably heard a lot about LLCs, or limited liability companies. They’re becoming a hot topic, and for good reason. An LLC can offer a mix of ...