To qualify as an S-corporation, your company must meet the qualifying criteria, including that it has fewer than 100 owners and is a domestic company organized under the laws of one of the 50 states ...

The format of your small business certainly impacts your financial performance. This is especially relevant as tax season approaches us. Sole proprietorship Many entrepreneurs establish their ...

Limited liability companies can be set up by individuals or companies. One reason that the LLC structure appeals to both ownership types is that the IRS allows the LLC to act as a pass-through for tax ...

Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...

How you form your business has a significant effect on your operations, including how much you'll pay in taxes. Going through the formalities of incorporating or organizing your music business can ...

Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...