Buying and selling real estate in a corporation gives you limited liability against lawsuits. This makes the corporation responsible for paying any judgments or settlements. In addition, your personal ...
The Advantages of S Corp Filing for Farmers. Organizing your farm as a Subchapter S corporation provides a variety of benefits for you and your family. As with any major financial decision, you ...
Ultimately, the right entity choice depends on the business’s goals, profit model, ownership structure, and tolerance for ...
A great way to build some legal protection into your business is to incorporate. Many people incorporate to gain limited liability to protect personal assets from company liabilities such as lawsuits ...
Many small businesses operate quite successfully without being Corporations or Limited Liability Companies. In fact, the majority of very small businesses are either Sole Proprietorships or General ...
Opinions expressed by Entrepreneur contributors are their own. Q: Someone told me that having an S corp has many advantages as well as disadvantages. Can you explain to me exactly what this type of ...
Limited liability companies (LLCs) and S corporations are all the rage nowadays, and with good reason. Most of the time, starting a traditional C-corp doesn’t make sense for the modern business owner.
An S-corp is a special designation in the U.S. tax code for small businesses. Pros include less personal liability. Many, or all, of the products featured on this page are from our advertising ...