Ultimately, the right entity choice depends on the business’s goals, profit model, ownership structure, and tolerance for ...

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 ...

Painting companies often start out as one-person operations, with an individual hiring out for a specific job. As a business grows, however, there is usually a need for a more formal organization, ...

One of the first tasks a new business owner must address involves the question — What type of entity should I choose to operate my business? “A common tax consideration is a desire to avoid double tax ...

Many startup businesses are started as one of three business entities: a Limited Liability Company (LLC), an S corporation, or a C corporation. So how do they differ, and which is the best startup ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

When you start a business, one of the first decisions you have to make is the best legal structure. Most individuals who start businesses choose a sole proprietorship, a limited liability company or ...

Although both structures offer liability protections, LLCs are best for tax flexibility and corporations are ideal for raising capital. Many, or all, of the products featured on this page are from our ...

With the holidays in full swing, the approaching tax season might be the furthest thing from your mind. But if your business did well this year, you need to give this issue some attention now. How ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

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 ...

What is an S corporation? An S corporation is a legal entity used to form and operate a business, and which offers the benefit of “pass through” taxation. Either an “Articles of Incorporation” or ...