How Do You Start An LLC?

How Do You Start An LLC?

Part of the popularity of the LLC business structure is its ease of creating, launching, and operating the company. Once you have your business name selected and have secured an EIN number from the IRS, you follow your state’s process for filing the business. For an...
What is a Limited Liability Company (LLC)?

What is a Limited Liability Company (LLC)?

The federal government of the United States aims to keep capitalism healthy and fair by ensuring businesses have the most level and competitive playing field possible. One of the tools used to enable fair access in the free market is the selection of a business...
How Do I Choose Between An S-Corporation and C-Corporation?

How Do I Choose Between An S-Corporation and C-Corporation?

Before filing your corporate structure, ask yourself questions to determine which form is most aligned with your business model. For example (not a comprehensive list): Will you need to sell diverse types of stocks? Will you need more than 100 investors? Will your...
What Is An S-Corporation?

What Is An S-Corporation?

Company founders filing their business at the state level can choose to incorporate as an S-corporation. This type of company structure provides similar liability protections as a C-corporation; however, they are taxed on a “flow-through” basis. Taxes...
What Is A C-Corporation?

What Is A C-Corporation?

When an individual files with their state to form a corporation, the company will automatically be a C-Corporation, unless the person filing chooses to be an S-Corp. Shareholders By structuring the business as a C-corporation, owners benefit from separating the...