Most people know that the tax deadline is April 15th however, businesses that file as an S-Corporation on Form 1120S or as a Partnership on Form 1065 have an earlier deadline of March 15th. Both of these, S-Corp and Partnership, are considered “pass-through entities” since…
It’s important to get business wrapped up from the prior year, so that you can focus on the new year and where your business is headed! To close out your accounting: Ensure that all of the bookkeeping is up to date- all of the activity…
Advantages & Disadvantages Of An S Corp An S corporation is a for-profit business structure that may be the right option if you want the tax benefits of a pass-through taxation with the advantages of a corporation. Advantages: An S corp helps limit liability to…
5 Advantages of an LLC Limited Liability Companies (LLC) help limit liability for managers and members in the course of ordinary business activities. LLC’s help limit liability for managers and members in the course of ordinary business activities. They are simple to form and maintain.…
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