Many real estate investors move away from a sole proprietorship to own property and register as a business, for both liability and tax advantages. Establishing a limited liability company (LLC) or a ...

One of the features of running a limited liability company is its flexibility. LLC owners, who are called members, can have company profits taxed as a corporation or partnership. There are advantages ...

Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

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 ...

Business entity types are generally split into two categories: Informal associations and formal associations. Informal associations (i.e., partnerships and sole proprietorships) are easily created ...

When you start a new business, one of the first questions that comes up is your business structure. Two of the most common types of business structures are LLCs and corporations. While many small ...

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 ...

The deadline for existing limited liability companies and C Corporations to elect S Corporation tax treatment for the tax year 2022 was March 15. So, what happens if a business missed the S Corp ...