Articles
Keep in mind the difference between state business law and state tax law. The tax status you...
What are the federal tax consequences of changing your form of business organization?This is a critical decision that should be studied carefully with professional guidance, but...
What entities will let me both limit my liability and avoid the double tax?S-corps (usually) and all of the following, assuming that you don't choose to have them treated...
What is the "corporate double tax" and how can it be avoided?Double taxation of corporations results in a significant tax burden on corporate income. Often...
What special considerations are there if my business is a professional practice?Limitation of liability, especially malpractice liability, is a major concern. No entity will...
What's so great about limited liability companies (LLCs)?LLCs combine limited liability with pass-through tax treatment. They can offer benefits...
Which are the "pass-through" entities?You have much control over whether the entity you choose is treated as a pass-through entity for...
Which kinds of business organization or business entity will limit my liability to business creditors?Corporations, limited liability companies (LLCs), limited partnerships, and limited liability...
Which types of business entity are best for tax purposes?It depends. Generally speaking, the "pass-through" type of entity saves tax overall by...
