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Home / Archives for Corporation

Corporation

Anatomy of a Corporation

Sep 27, 2018 By TaxConnections

Corporations are treated as separate entities under the law. They generally have the capacity to perform the same types of functions that individuals perform including entering into contracts and promulgating or defending lawsuits. The primary incentive for forming a corporation is to grant limited liability to its owners. One common misconception among the business community […]

Filed Under: Making Your Business Official Tagged With: Corporation

Basics of Business Structure: Choosing the Right Entity for Your Biz

Aug 21, 2018 By 1800Accountant

So you’re starting your own business and contemplating which business structure to give it. One way to make this determination is to think about the relationship you want to have with your business partners, investors, employees, vendors and, perhaps most importantly, customers (or clients). Here are some basics to help you make that decision, depending […]

Filed Under: Making Your Business Official Tagged With: Business Entity, Corporation, LLC, Partnership, Sole Proprietors

What Entity is Right for You and Your Business?

May 23, 2018 By 1800Accountant

Starting your own business can be both challenging and rewarding. You want to make sure you get off on the right foot by choosing the type of entity that’s right for you and your business. To help you make the best possible choice, here are some factors to consider along with which business entity might […]

Filed Under: Making Your Business Official Tagged With: Business Entity, Corporation, LLC, Sole Proprietors

When is a Corporation Not a Corporation?

Nov 29, 2016 By TaxConnections

Most taxpayers are aware that an organization must submit papers to a state official, usually the Secretary of State in order to obtain a corporate charter and file an 1120 tax form as a corporation. However, one must meet all the IRS requirements for corporate status in order to file as a corporation. First, some […]

Filed Under: Making Your Business Official Tagged With: Corporation, IRS

Which Business Entity Type is Right for My Small Business?

Nov 22, 2016 By 1800Accountant

Should I opt for an LLC? Or would an S corporation suit my needs better? What about the C corporation? These questions are asked so often by entrepreneurs. That’s because many start out as either sole proprietors or in partnerships, and there comes a time when it’s appropriate—and more beneficial—to establish a formal entity structure […]

Filed Under: Making Your Business Official Tagged With: Business Entity, Corporation, LLC

LLC or Corporation: What’s Better?

May 25, 2016 By SmallBizClub

Many entrepreneurs just starting a business or considering changing their current business’ structure come to us wondering: What’s the difference between an LLC and Corporation? Which one is a better option for me? It’s an understandable question, and an important decision to make for the success of your business. This post will explain what you […]

Filed Under: Making Your Business Official Tagged With: Business Entity, Corporation, Flexibility, LLC, Taxes

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